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Petronas to Make FID on Canadian LNG Project... Lion Energy to Conduct 2 Unconventional Join...
E&P Oil Firms Using Stock Sales To De-Lever China Merges Two-Tier Gas Pricing, Introduce...
Atmospheric Water Generation Offers Untapped... Keppel FELS on Track to Deliver its 100th Ne...
Driller Rowan Writes Down Assets By $438.4M ... Otto Pares Stake in Philippines' SC55, Secur...
Chesapeake Energy Sees Asset Writedowns In 1... Indonesia to Host Indo Drilling Conference &...
Oil Up Sharply, Posts First Monthly Gain Sin... Total to Take Over as Operator of Papua New ...
US Gas Exporters Eye Baltic Region, Poland A... Earlier Start Date for Former Woodside EVP R...
Whiting Shares Tumble On Plans To Keep Frack... RH Petrogas to Drill 40-100 Wells in China's...
Texas Legislature Gets Down to Business Newbuild Lewek Constellation Prepares for No...
Exxon Says Spending To Fall 11% This Year To... Baghdad Says Progress Made on Kurdish Oil Ex...
Transocean Takes $992M Charge On Drilling Bu... Bells Toll for Europe's Largest Gas Field
SandRidge Energy Cuts 2015 Capex By 56% Woodside to Issue $1B in Corporate Bonds
Offshore Driller Ensco To Shut Down Rig, Sla... SeaBird Warns of Continued Weakness in the S...
WSJ: Oil And Gas Producer Penn Virginia Look... Indonesia Says Fate of Total's Mahakam Gas B...
Oil Retreats As Rising US Inventories Contin... Bounty Terminates Deal to Buy Stakes in Empi...
Encana Cuts 2015 Budget After 85% Fall In Op... Petrobras Denies Hiring JPMorgan For Subsalt...
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Featured Offshore Project
February 27   |   Peregrino   |   Region: S. America - Brazil   |   Operator: Statoil
At the end of January, Statoil and partner Sinochem submitted a Plan of Development (POD) for the second phase of development of the Peregrino field in block BM-C-7 in the Campos Basin. Through the $3.5-billion project, the partners expect to gain access to an extra 250 million barrels of recoverable oil. Phase 2 involves the installation of a new wellhead and drilling platform (WHP-C) that will be tied back to the Peregrino FPSO. A total of 21 new wells - 15 producers and 2 water injectors - are planned to be drilled in an area known as Peregrino Southwest. The new wells will be drilled from the WHP-C platform once it is installed. Statoil expects Phase 2 to be placed on stream near the end of the decade. Since start up in April 2011, Peregrino has produced 90 million barrels of oil. More Offshore Projects
Latest Rig Data Updates
February 26   |   Hercules 261   |   250 ft.   Jackup
Hercules Offshore has received notice from Saudi Aramco that the contract for jackup Hercules 261 (250'-IC) will be terminated effective March 27, 2015. The contract was scheduled to run through September 2019. Hercules says it is "in the process of seeking a basis for continuing the contract". Hercules has two other jackups under contract with Saudi Aramco, the Hercules 262 (250'-IC) and the Hercules 266 (250'-IC). The company is in discussions with Saudi Aramco about possible rate reductions on both rigs. The contracts run to November 2019 and November 2015 respectively.
February 26   |   West Vigilant   |   350 ft.   Jackup
Seadrill Ltd. reports that Talisman Energy will release jackup West Vigilant (350'-IC) by May 2015, well ahead of its previously scheduled November 2016 end date. The rig has been working off Malaysia for Talisman since November 2012.
more offshore rig activity updates
EQUIPMENT MARKETPLACE
2009 Drillmaster 1200hp Rig #LR519
Location:
Condition: Used
Price: Contact Us
DRAWWORKS: DRILLMASTER 1200M New (2009) Single Drum Drawworks, 1,200 Hp Lebus grooved for 1-1/4? Drilling Line, Hydraulic operated Makeup & ...
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INDUSTRY EVENTS
  • Installation calculations for subsea pipelines March 3 2015 - March 6 2015   |   Aberdeen
    This course provides detailed knowledge of the installation calculations required for all stages of a pipeline?s life-cycle, from pipe-lay to abandonment and recovery. Delegates have the opportunity ...