North Sea drilling fleets poised for action

Drilling continues in the North Sea with an overall rig utilization rate of 71.4%. As natural gas prices increase with demand in the UK, Rory Stewart of Simmons & Co. International predicts additional exploration and development work in the North Sea region, particularly in the southern gas basins of the UK, the Netherlands, and Norway. This will probably bring work for jack up drillers such as Noble Drilling Corp., Ensco, and GlobalSantaFe Corp. Stewart thinks it will also benefit drillers with experience in Norway, such as Smedvig ASA and Transocean Inc.Odfjell DrillingOdfjell Drilling AS, based in Bergen, Norway, maintains a fleet of 11 drilling vessels in the North Sea, and has contra...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected