Archive for the ‘Offshore Rigs’ Category
Cobalt International Energy Inc., Houston, has entered into an amendment to its drilling contract with Rowan (UK) Reliance Ltd., an affiliate of Rowan Cos. PLC, providing for the early termination of Cobalt’s long-term drilling contract for the Rowan Reliance drillship.
BHI: US rig count surpasses 500 units working
September 9th, 2016 by Latest News
The US rig count surged above 500 units working, gaining 11 rigs to reach a total of 508 during the week ending Sept. 9, according to Baker Hughes Inc. data. This total was still 340 units lower than a year ago.
BHI: US rig count nears return to 500 despite drop in gulf activity
September 2nd, 2016 by Latest News
A week in which offshore operators braced for a potential hurricane strike didn’t prevent another rise in the overall US rig count.
Gulf work resumes as storm turns east
September 1st, 2016 by Latest News
Operators began returning workers to evacuated installations in the Gulf of Mexico Aug. 31 as Tropical Depression No. 9 built into Tropical Storm Hermine and turned away from oil and gas producing areas toward the northwestern Florida Coast.
FAR Ltd., Perth, is pushing hard in favor of development of SNE oil field offshore Senegal in which it is a 15% participant.
Gulf of Mexico production was down by 312,280 b/d of oil and 360 MMcfd of natural gas at midday Aug. 31 as operators prepared for Tropical Depression No. 9, according to the US Bureau of Safety and Environmental Enforcement.
Seadrill Ltd. says it’s disputing the grounds for termination of the West Pegasus semisubmersible drilling rig contract by Pemex Exploracion y Servicios, and “is reviewing its legal options.” Pemex submitted a notice of termination to Seadrill effective Aug. 16.
BHI: Oil rigs lift overall US rig count by 10
August 19th, 2016 by Latest News
Entirely comprising oil-directed units, the US drilling rig count increased by 10 during the week ended Aug. 19, according to data from Baker Hughes Inc.