Archive for the ‘Drilling Operations’ Category
The US Bureau of Safety and Environmental Enforcement issued revised offshore blowout preventer (BOP) and well control regulations on May 2. The changes remove unnecessary regulatory burdens while maintaining safety and environmental protections, US De…
Orphan-well load cited in firm’s failure
May 2nd, 2019 by Latest News
A small Calgary natural gas producer is ceasing operation, saying a January decision by the Canadian Supreme Court on responsibility for orphan wells aggravated its financial problems.
PSAC again trims Canadian drilling outlook
May 2nd, 2019 by Latest News
The outlook for oil and gas drilling in Canada continues to darken. The Petroleum Services Association of Canada again has lowered its forecast for 2019 drilling—to 5,300 wells drilled from 6,600 in the original forecast published last November.
Qatar Petroleum has let contracts for eight offshore jack up drilling rigs expected to be mobilized and ready for its North Field expansion project starting in January 2020.
Qatar Petroleum has let contracts for eight offshore jack up drilling rigs expected to be mobilized and ready for its North Field expansion project starting in January 2020.
Baker Hughes: US rig count down 3 units to 1,022
April 12th, 2019 by Latest News
The US drilling rig count dropped 3 units to reach 1,022 rigs working for the week ended Apr. 12, according to Baker Hughes data. The count is up 14 units from the 1,008 rigs working this time a year ago.
Buru Energy Ltd., Perth, has reported that the rig for a three-well program in its Ungani field onshore Canning basin and surrounding exploration area in the Kimberley region of Western Australia was mobilized from Perth. All 44 containers holding the …
US Tenth District first-quarter energy activity flat, outlook higher
April 12th, 2019 by Latest News
The Federal Reserve Bank of Kansas City’s first-quarter Energy Survey revealed that energy activity in the Tenth District was essentially flat, but the outlook for future activity rose moderately. Firms reported that oil prices needed to average $52/bb…
Delek Group agreed to acquire 22.45% interest in Caesar Tonga oil field in the Green Canyon area of the deepwater Gulf of Mexico from Shell Offshore Inc. for $965 million, having paid a $50-million deposit, and will sign a long-term off-take agreement …
Preserving coastal US states and communities’ vibrant recreation and commercial fishing economies is more important than increasing US offshore oil and gas exploration and development, sponsors of three bills and witnesses told a House Natural Resource…