Archive | The Offshore Frontier

Pre-salt Santos, Campos basins surpass 500,000 bbls of oil/day

Posted on 03 July 2014 in Global and Regional Markets, News, The Offshore Frontier

Oil production in the pre-salt Santos and Campos Basins have surpassed 500,000 bbl/day (bpd),topping-out at 520,000 bpd on 24 June and setting a new daily output record…

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Wood Group Kenny wins subsea engineering services contract for Ghana

Posted on 03 July 2014 in News, The Offshore Frontier

Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana Ltd and its partners through the execution phase…

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Gazprom Neft begins exploratory drilling in the Arctic

Posted on 03 July 2014 in Global and Regional Markets, Innovating While Drilling, News, The Offshore Frontier

Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft, has started drilling a new exploration well in the Dolginskoye field on the continental shelf in the Pechora sea…

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GE wins PEMEX surface wellhead, tree contract for GOM project

Posted on 25 June 2014 in Drilling It Safely, Global and Regional Markets, News, The Offshore Frontier

GE Oil & Gas has signed a multi-year agreement with PEMEX to supply and install surface wellheads and trees for an offshore project in the Campeche Sound Ayatsil field in the…

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Collaboration among operator, contractor, service company provides MPD functionality to drillship

Posted on 25 June 2014 in Exclusive Video, Innovating While Drilling, News, The Offshore Frontier

As operators face increasingly challenging reservoirs, conventional technologies are becoming inefficient in safely achieving well objectives on time and on budget. To address…

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IHS: Rising operating costs challenge outlook for offshore rig market

Posted on 25 June 2014 in News, The Offshore Frontier, Videos

The strength of dayrates for offshore rigs in recent years has attracted significant investment and a spate of orders for newbuilds – particularly premium jackups, Tom Kellock…

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Maersk Drilling orders 20K BOP, risers for BP project

Posted on 24 June 2014 in Innovating While Drilling, News, The Offshore Frontier

Maersk Drilling has ordered four BOPs and two risers from GE Oil and Gas that will be used in the Project 20K partnership with BP. The BOPs and risers will be delivered…

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UK approves Premier Oil to develop Catcher area in North Sea

Posted on 12 June 2014 in Global and Regional Markets, News, The Offshore Frontier

Premier Oil has received approval of its Catcher area field development plan from the UK Department of Energy and Climate Change. “The Catcher area development shows that…

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Hercules, Maersk Oil sign 5-year deal for newbuild jackup

Posted on 22 May 2014 in Global and Regional Markets, News, The Offshore Frontier

Hercules Offshore has signed a five-year drilling contract with Maersk Oil North Sea UK for a newbuild jackup to be owned and operated by Hercules Offshore. Total contract…

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Schlumberger’s Seismic Guided Drilling predicts pore pressure ahead of bit

Posted on 13 May 2014 in Innovating While Drilling, News, Onshore Advances, OTC, The Offshore Frontier, Videos, Videos OTC

Using both surface seismic and logging-while-drilling data, Schlumberger’s Seismic Guided Drilling (SGD) provides a 3D look-ahead velocity model and reduces…

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