More Drilling Operations News

Baker Hughes: US drilling rig count drops to 1,803

Mar 21, 2014

After consecutive weeks of significant gains, the US drilling rig count lost 6 units to 1,803 rigs working during the week ended Mar. 21, Baker Hughes Inc. reported.

Baker Hughes: US drilling rig count jumps to 1,809

Mar 14, 2014

The US drilling rig count increased 17 units to 1,809 rigs working during the week ended Mar. 14, Baker Hughes Inc. reported. The 40-unit rise over the past 2 weeks has enabled the US the eclipse the 1,800 mark for the first time since December 2012.

Gazprom Neft completes testing on second Badra well in Iraq

Mar 13, 2014

JSC Gazprom Neft has completed testing its second well in Badra field in Iraq, with average flow rates of 10,000 b/d from three tests.

Baker Hughes: US drilling rig count spikes to 1,792

Mar 7, 2014

The US drilling rig count jumped 23 units to 1,792 rigs working during the week ended Mar. 7, Baker Hughes Inc. reported.

Southwestern Energy to acquire Niobrara acreage for liquids-rich play

Mar 7, 2014

Southwestern Energy Co., Houston, has agreed to purchase 312,000 net acres in northwest Colorado targeting oil, natural gas liquids, and natural gas in the Niobrara shale play, the company reported. Southwestern will acquire the land from Quicksilver Resources Inc. and Swepi LP, a unit of Royal Dutch Shell PLC, for $180 million.

YPF to add 10 rigs to Vaca Muerta play

Mar 5, 2014

YPF SA has signed contracts with Helmerich & Payne Inc., Tulsa, for 10 existing drilling rigs to work in the Vaca Muerta shale play in the Nequen basin of Argentina.

Baker Hughes: US drilling rig count edges down to 1,769

Feb 28, 2014

The US drilling rig count gave up 2 units to settle at 1,769 rigs working during the week ended Feb. 28, Baker Hughes Inc. reported.

Lukoil starts production drilling in Imilorskoye-Istochnoye

Feb 25, 2014

OAO Lukoil has begun production drilling in the Imilorskoye-Istochnoye license area in West Siberia. The company said it originally planned to start drilling this September.

Baker Hughes: US drilling rig count up to 1,771

Feb 21, 2014

The US drilling rig count was up 7 units to 1,771 rigs working during the week ended Feb. 21, Baker Hughes Inc. reported.

Pemex signs contracts for Seadrill jack ups

Feb 18, 2014

Petroleos Mexicanos (Pemex) signed 6-year drilling contracts to use Seadrill Ltd.’s jack up rigs West Oberon, West Intrepid, West Defender, and West Courageous in the Gulf of Mexico. 

Industry urged to change hydraulic fracturing ‘conversation’

Feb 18, 2014

The oil and gas industry needs to change the conversation about hydraulic fracturing by engaging with the public to demystify the process and highlighting efforts to reduce the environmental footprints of drilling and completion.

Baker Hughes: US drilling rig count declines to 1,764

Feb 14, 2014

The US drilling rig count dropped 7 units to 1,764 rigs working during the week ended Feb. 14, Baker Hughes Inc. reported.

Statoil, partners select concept for Johan Sverdrup field

Feb 13, 2014

Statoil ASA and its partners have chosen a concept for the first development phase of Johan Sverdrup field on North Sea’s Norwegian shelf. It will be a field center consisting of four installations and power from shore, the company reported.

Baker Hughes: US drilling rig count dips to 1,771

Feb 7, 2014

The US drilling rig count fell 14 units to 1,771 rigs working during the week ended Feb. 7, Baker Hughes Inc. reported.

BP lets contract for Oman land rigs

Feb 3, 2014

BP PLC has let a 5-year contract to KCA Deutag for the construction and operation of three newbuild, fast-moving land rigs in Oman’s Khazzan development for $340 million including options.

Market Connection

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January 26, 2015
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