Completions
News
November 26, 2014
HAMILTON, Bermuda (Bloomberg) -- Seadrill Ltd. fell the most in six years after the offshore driller controlled by billionaire John Fredriksen suspended dividends as the slump in oil prices hurts demand for rigs. Hamilton, Bermuda-based Seadrill fell as much as 16%, the most since November 2008, to 118.8 kroner and traded at 118.9 kroner at 9:37 a.m. in Oslo. That’s the lowest level since July 2010.
News
November 26, 2014
MELBOURNE, Australia -- Karoon Gas has completed drilling at Kangaroo-2 appraisal well, located in block S-M-1165 in Santos basin, offshore Brazil, at a total depth of 2,369 mRT (meters below rotary table) and encountered multiple oil bearing zones.
News
November 25, 2014
VANCOUVER, Canada -- TAG Oil has successfully drilled the Cheal-E-JV-6 (Cheal-E6) well, located in the onshore Taranaki basin of New Zealand, to a total depth of 1,939 m.
News
November 24, 2014
COPENHAGEN, Denmark -- Hess has exercised the four one-well options included in the current contract for the jackup rig Maersk Resolute. Each of the four additional wells has an estimated duration of around 90 days implying an extension of the current contract by about one year.
News
November 24, 2014
RIO DE JANEIRO -- Petrobras completed the drilling of the first appraisal well -- 3-BRSA-1255 (3-RJS-731) -- in the Libra Consortium area on Nov. 6. Located in the northwest portion of the Libra block, in the pre-salt layer of the Santos basin, the well is approximately 4 km southeast of discovery well 2-ANP-2A-RJS.
News
November 24, 2014
CALGARY, Alberta -- Talisman Energy and Ecopetrol have proven the presence of hydrocarbons in the Nueva Esperanza-1 exploratory well (A2b), located in block CPO-9, Department of Meta, Colombia.
News
November 24, 2014
LONDON -- San Leon Energy has spud Rawicz-12 appraisal well on the 742 sq. km Rawicz Concession in Poland’s southern Permian basin.
News
November 23, 2014
HOUSTON -- Exxon Mobil has awarded Delta Screens & Filtration a limited international license to Exxon Mobil’s Alternate Path technology patent portfolio for gravel packing cased and openhole completion wells.
News
November 21, 2014
STAVANGER, Norway -- Statoil has decided to cancel its Stena Carron rig contract after fulfilling its work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin, offshore Angola. The rig contract will cease with effect from Nov. 21, 2014.
News
November 21, 2014
LONDON -- Ophir Energy has completed the drilling of Tende-1 and Mkuki-1 well off Tanzania and encountered no hydrocarbons.
News
November 20, 2014
THE HAGUE, The Netherlands -- Mazarine Energy Tunisia, a subsidiary of Mazarine Energy has signed a drilling contract with Compagnie Tunisienne de Forage (CTF) for the use of the CTF-4, a 2,000 horsepower onshore drilling rig, for a two-well drilling campaign in the Zaafrane permit in central Tunisia.
News
November 20, 2014
LAFAYETTE, Louisiana — Newpark Mats and Integrated Services (NMIS) has unveiled the Dura-Base Defender liner-less spill containment system, which provides drilling and completion crews with a faster and more efficient way of achieving total site containment of spills, adhering to environmental requirements while reducing overall cost of operations.
News
November 20, 2014
HOUSTON -- Apache Corp. is to sell over 200,000 net acres in southern Louisiana and the Anadarko basin in two separate transactions, the company has announced. According to G. Steven Farris, Apache’s chairman, president and CEO, proceeds from the $1.4 billion sale of the non-core assets will, primarily, be used to fund leasehold acquisitions that the company made this year.
News
November 20, 2014
STAVANGER, Norway (Bloomberg) -- Sanctions are forcing Exxon Mobil Corp. to look for alternative assignments for an offshore rig supposed to sail back to the Russian Arctic next summer. West Alpha, the rig owned by billionaire John Fredriksen’s North Atlantic Drilling Ltd. that made a billion-barrel oil discovery for Exxon and OAO Rosneft in the Kara Sea in September, could end up operating offshore Norway instead of going back to Russia in 2015, said Dominic Genetti, operations manager for Exxon in Norway.
News
November 20, 2014
CALGARY, Alberta (Bloomberg) -- Facing a 30% slide in the price of crude in the past five months, Encana Corp. CEO Doug Suttles still has his foot on the accelerator. The gas giant capped a year of asset sales and purchases worth more than $14 billion to focus more on crude, just as oil fell into a slump. Suttles remains confident in the shift and plans to expand drilling to capitalize on properties that promise higher returns, even after crude prices declined from a high in June of about $107/bbl to around $75.
News
November 20, 2014
DORKING, United Kingdom -- Oyster Petroleum has entered into a farm-in agreement whereby, in exchange for covering certain well costs on drilling.
News
November 20, 2014
HONG KONG -- CNOOC has made a mid-sized new discovery of Lufeng14-4 well in the Eastern South China Sea.
News
November 19, 2014
EDINBURGH, United Kingdom -- Cairn Energy and its JV partners have completed drilling operations on the SNE-1 well in Senegal and plans are now underway to appraise the discovery next year.
News
November 18, 2014
SPRINGFIELD, Ohio – Ten of Moyno’s 2000 Series pumps have been ordered for a new fleet of offshore supply vessels that will be used to service drilling rigs worldwide.
News
November 18, 2014
HOUSTON -- Edward S. Jacob, III was elected chairman of the International Association of Drilling Contractors (IADC) at the organization's annual general meeting in New Orleans on Nov. 14. In addition, in recognition of his career and significant industry contributions, Jacob was also recognized with the 2014 Contractor of the Year Award.
News
November 18, 2014
STOCKHOLM, Sweden -- Lundin Petroleum has completed the drilling of Kitabu-1 well located in blocks SB307/SB308, offshore Sabah, Malaysia and found it to be a dry hole.
