Archive | Global and Regional Markets

Seneca/Ensign rigs switch to LNG for power in Marcellus

Posted on 29 November 2012 in Drilling It Safely, Drilling Rigs & Automation, Global and Regional Markets, Innovating While Drilling, News, Onshore Advances

Seneca Resources Corp and Ensign Drilling have installed two GE gas engines to power the first LNG-fueled drilling rigs…

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Noble Energy finds oil in deepwater Gulf of Mexico’s Big Bend

Posted on 29 November 2012 in Global and Regional Markets, News, The Offshore Frontier

Noble Energy has made a discovery at the Big Bend exploration prospect in deepwater Gulf of Mexico. Open-hole logging identified…

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Siemens launches integration project to streamline product services

Posted on 29 November 2012 in Drilling Rigs & Automation, Global and Regional Markets, News

Siemens Drive Technologies has launched an initiative called Integrated Drive Systems to simplify its way of doing business…

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Seadrill to acquire ultra-deepwater Songa Eclipse semi

Posted on 29 November 2012 in Global and Regional Markets, News, The Offshore Frontier

A subsidiary of Seadrill has entered into an agreement with Songa Offshore to acquire the Songa Eclipse ultra-deepwater semisub…

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Vantage-invested JV to build ultra-deepwater drillship at STX

Posted on 29 November 2012 in Global and Regional Markets, News, The Offshore Frontier

Vantage Drilling has entered into a joint venture with an affiliate of Skeie Group to construct a high-specification drillship…

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Tullow’s Twiga South-1 well finds oil onshore Kenya

Posted on 27 November 2012 in Global and Regional Markets, News

Tullow Oil has encountered 30 meters of net oil pay in the Twiga South-1 exploration well in Block 13T onshore Kenya…

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Rig count doubles in Utica Shale from year ago

Posted on 20 November 2012 in 2012, Global and Regional Markets, News

The number of active oil and natural gas rigs in the Appalachian Basin’s Utica Shale for the last week of October 2012 has doubled…

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Analysis: Obama likely will look to ride on energy industry’s economic success

Posted on 15 November 2012 in Global and Regional Markets, News

Although the reelection of President Obama last week means a Democrat will occupy the White House for at least four…

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BSEE director explains INC policy, outlines strategic plan

Posted on 15 November 2012 in Global and Regional Markets, News

Providing the regulator perspective in a keynote address at the 2012 IADC Annual General Meeting in Scottsdale, Ariz., last week, Rear Admiral James Watson…

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Diamond Offshore shifting fleet to meet deepwater, ultra-deepwater demands

Posted on 15 November 2012 in Drilling Rigs & Automation, Global and Regional Markets, News, The Offshore Frontier

Supported by dayrates hovering around $600,000 and increasing rig demand from frontier areas…

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