Archive for the ‘Drilling Operations’ Category
Colorado Supreme Court reverses impact analysis requirement ruling
January 21st, 2019 by Latest News
The Colorado Supreme Court reversed a lower court’s decision that would have required the Colorado Oil & Gas Conservation Commission to consider potential health and climate impacts before authorizing more exploration and production.
The US drilling rig count dropped 25 units to reach 1,050 rigs working for the week ended Jan. 18. The count is up 114 units from the 936 rigs working this time a year ago, according to Baker Hughes data.
Woodside Petroleum Ltd., Perth, has let four contracts for the front-end engineering and design phase of its proposed Scarborough gas development on the Exmouth Plateau off Western Australia.
Rystad Energy: Offshore service market growth to outpace shale in 2019
January 16th, 2019 by Latest News
Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications, and operations (MMO) sector are set to benefit from this …
Colorado Supreme Court reverses impact analysis requirement ruling
January 15th, 2019 by Latest News
The Colorado Supreme Court reversed a lower court’s decision that would have required the Colorado Oil & Gas Conservation Commission to consider potential health and climate impacts before authorizing more exploration and production. The suit was f…
US House Democrats wasted little time before seven of them introduced bills on Jan. 8 aimed at keeping oil and gas exploration from expanding off their coastal states’ shores. The federal measures came as state legislators in Connecticut, Georgia, Hawa…
Canada has added 108 rigs for the week ended Jan. 11, according to Baker Hughes data. While the large jump puts the total number of rigs running at 184, the count is less than the 276 units drilling this week a year ago.
Premier Oil says the first appraisal well in Zama field on Mexico’s offshore Block 7 encountered the main Zama reservoir. Separately in Mexico, Premier Oil plans a 3D seismic survey across offshore Block 30 starting in the second quarter.
ConocoPhillips lets rig contract to Rowan
January 10th, 2019 by Latest News
ConocoPhillips Skandinavia AS has let a contract to Rowan Cos. for the Rowan Norway jack up rig. The contract, subject to partner approval, is expected to begin in this year’s second quarter with an estimated duration of 7 months.
The international rig count for December reached 1,025, up 34 units from the 991 rigs counted in November and up 71 units from the 954 rigs counted in December 2017, according to Baker Hughes data. The international offshore rig count for December was …