More Drilling Operations News

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.

Petrobras begins drilling in Libra field offshore Brazil

Aug 21, 2014

Petroleo Brasileiro SA (Petrobras) has spudded the first appraisal well in the presalt Libra field 200 km offshore Brazil. Its target depth will reach 5,850 m.

BHI: US rig count continues rise, reaches 1,913

Aug 15, 2014

The US drilling rig count gained 5 units to reach 1,913 rigs working during the week ended Aug. 15, Baker Hughes Inc. reported.

BP gives nod for Juniper gas project off Trinidad and Tobago

Aug 14, 2014

BP PLC has given approval for its Trinidad and Tobago subsidiary BP Trinidad & Tobago LLC to proceed with its Juniper natural gas project.

Near-shore drilling to start in Suriname

Aug 14, 2014

Drilling is to start by December in a nine-well exploratory program by State Oil Co. Suriname NV (Staatsolie) on near-shore Block 4 in Suriname.

BHI: US rig count pierces 1,900 mark for first time in 2 years

Aug 8, 2014

The US drilling rig count surpassed the 1,900 mark for the first time since August 2012, jumping 19 units to 1,908 rigs working during the week ended Aug. 8, Baker Hughes Inc. reported.

Statoil lets contract for integrated drilling services

Aug 8, 2014

Statoil ASA has let a 1.15-billion kroner contract to Schlumberger Norway for integrated drilling services on Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord, Tordis-Vigdis, and Visund.

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