Alaska: Buccaneer to buy Kenai Peninsula land rig

By OGJ editors

Buccaneer Energy Ltd., Sydney, signed a binding agreement to acquire a 12,000-ft depth capacity land rotary rig on Alaska’s Kenai Peninsula from Marathon Oil Corp.’s Glacier Drilling Co. unit for $7.5 million.

The rig was built in 2000 with input from Kenai Peninsula drillers and is designed for pad drilling near residential areas. Buccaneer has received inquiries from operators about contracting the rig and also expects to use it to drill wells for the company.

Related Articles

GET OFF ENVIRONMENTAL SIDELINES

01/01/1990 The petroleum industry's political challenge for the 1990s is to get back into the environmental debate. It won't be easy. But industry h...

SHELL HOMES IN ON TROLL FIELD DEVELOPMENT

01/08/1990 Norske Shell will recommend to partners that Troll gas field in the Norwegian North Sea be developed using multiphase flow pipelines and onshore pr...

WASHINGTON TO DETERMINE OCS LEASE SALE SCHEDULE

01/08/1990 Patrick Crow Washington Editor The U.S. government will make critical decisions on the future of Outer Continental Shelf leasing this year. And it ...

SANTOS TESTS QUEENSLAND OIL DISCOVERY

01/08/1990 A Santos Ltd. partnership plans to begin producing a Southwest Queensland oil discovery in February. The 1 Bowen, drilled on the Naccowlah block of...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected