Archive for the ‘Drilling Operations’ Category

Equinor reported “the heaviest lift ever performed offshore” at Johan Sverdrup oil field under development in the Norwegian North Sea. The company also let a construction installation contract for the second development phase to TechnipFMC.

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf. Vision 2035 is a framework for the UKCS led b…

It won’t be until 2025—11 years after the last peak—that global service market revenues again will make it back to the $920-billion mark seen in 2014, according to a recent report from Rystad Energy. “This will be the longest slump faced by the oil fie…

Neptune Energy Norge AS has let a drilling contract to CIMC Offshore AS to drill six wells in the Norwegian North Sea using the newbuild Beacon Atlantic semisubmersible rig, which will be managed by Odfjell Drilling AS.

The US Bureau of Land Management issued records of decision amending greater sage grouse habitat management plans covering nearly 60 million acres of sagebrush steppe in seven Western states, several of which have oil and gas activity. “We’re pleased t…

The US drilling rig count is down 1 unit to 1,026 rigs working for the week ended Mar. 15, according to Baker Hughes data. The count is up 36 units from the 990 rigs working this time a year ago. With a 3-unit loss over last week, there are 1,001 rigs …

For the political left, the oil and gas business has long served as a foil. The industry is huge, mechanically complex, and mysterious to outsiders. It sometimes blunders with messy consequence. It therefore remains a bright target for political opport…

The US drilling rig count is down 11 units to 1,027 rigs working for the week ended Mar. 8, according to Baker Hughes data. The count is up 43 units from the 984 rigs working this time a year ago. With an 11-unit loss week-over-week, 1,004 rigs are dri…

The international rig count for February reached 1,027, up 3 units from the 1,024 counted in January, and up 48 units from the 979 counted in February 2018, according to Baker Hughes data.

A federal appeals court in New Orleans overturned a lower court’s decision and found that directional drilling engineers can be classified as independent contractors. The Feb. 28 ruling by the US Fifth Circuit Court of Appeals established that directio…