More Drilling Operations News

Senate adopts bill making BLM drilling permit pilot program permanent

Sep 17, 2014

The US Senate approved Tom Udall (D-NM) and John Barrasso’s (R-Wyo.) bill permanently extending a US Bureau of Land Management drilling permit processing improvement pilot program that was established under the 2005 Energy Policy Act. It was scheduled to expire in 2015.

Statoil to suspend second semi off Norway

Sep 17, 2014

Statoil ASA will lay up a second semisubmersible drilling rig that it says exceeds the needs of its current program offshore Norway.

Punitive regs would harm Pennsylvania, PIOGA president says

Sep 15, 2014

A severance tax and other election-year proposals potentially could dismantle Pennsylvania's unprecedented natural gas production growth, the Pennsylvania Independent Oil & Gas Association's president warned.

BHI: US rig count continues upward trend, reaches 1,931 units

Sep 12, 2014

The US drilling rig count increased 6 units to reach 1,931 rigs working during the week ended Sept. 12, Baker Hughes Inc. reported.

WHL could take on stand-alone gas development in Otway basin

Sep 9, 2014

WHL Energy Ltd., Perth, has raised the possibility of a stand-alone gas development in its Otway basin acreage offshore Victoria.

Drilling begins on Manora oil development offshore Thailand

Sep 5, 2014

A joint venture led by Mubadala Petroleum, Abu Dhabi, has spudded the first of 15 planned development wells in the Manora oil development in the northern Gulf of Thailand.

BHI: US rig count posts double-digit gain for second straight week

Sep 5, 2014

The US drilling rig count gained 11 units to reach 1,925 rigs working during the week ended Sept. 5, Baker Hughes Inc. reported.

Consortium starts drilling UK Horse Hill oil well

Sep 3, 2014

Horse Hill Developments Ltd., a London joint venture, spudded the Horse Hill-1 oil well after a series of weather delays for Surrey field, which is part of petroleum exploration and development license 137. Several consortium partners confirmed drilling has started.

Gazprom Neft starts exploratory drilling in Iraq's Kurdistan region

Sep 1, 2014

JSC Gazprom Neft has commenced with exploratory drilling on the Shakal block in the southwest part of Iraq's Kurdistan region.

BLM announces California oil, gas strategy as CCST issues report

Aug 29, 2014

The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiving an independent review of well stimulation technologies it asked the California Council on Science and Technology (CCST) to conduct in September 2013.

BHI: US rig count recoups last week’s losses, jumps to 1,914

Aug 29, 2014

The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended Aug. 29, Baker Hughes Inc. reported.

Fitch: Drilling downturn might prompt some consolidation

Aug 28, 2014

A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at favorable prices, Fitch Ratings of Chicago said in a recent research note, adding that master limited partnerships (MLPs) in particular can provide financial flexibility.

Statoil: Aasta Hansteen gas development on schedule for 2017

Aug 26, 2014

The Aasta Hansteen gas development in the northern Norwegian Sea is on schedule for production start-up in third quarter 2017, reported operator Statoil ASA.

BHI: US rig count upward momentum stymied, falls below 1,900 mark

Aug 22, 2014

The US drilling rig count lost 17 units to settle at 1,896 rigs working during the week ended Aug. 22, ending four consecutive weeks of gains, Baker Hughes Inc. reported.

Rosneft signs deal with NAD for land drilling rigs in Russia

Aug 22, 2014

OAO Rosneft, Seadrill Ltd., and North Atlantic Drilling Ltd. (NAD) have signed a framework agreement under which NAD will acquire about 150 land drilling rigs from Rosneft as well as 5-year contracts for the rigs. The transaction is expected to close in this year’s fourth quarter.

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