Home / Microsites (page 14)

Microsites

BSEE inspects new Appomattox platform

img_3425-1

As Shell finishes construction on its Appomattox Semi-Submersible Platform hull, the US Bureau of Safety and Environmental Enforcement (BSEE) engineers and inspectors signed off on several topsides components during a pre-production inspection 27 March 2018. Royal Dutch Shell, 79% owner and its partner, Nexen Petroleum Offshore, a wholly owned subsidiary of CNOOC, will operate the platform about 80 miles off Louisiana’s coast in the Mississippi Canyon...

Read More »

ART DCS Subcommittee plans survey on IADC Daily Drilling Report

IADCLogo

The IADC Drilling Control Systems (DCS) Subcommittee, under the IADC Advanced Rig Technology (ART) Committee, is writing a survey on usage and value of the IADC Daily Drilling Report (DDR). The subcommittee is undertaking a review of the IADC tour sheet and plans to revamp the form in print and electronic formats. The DDR Plus project will also include work to map rig sensors to drilling states and to develop guidelines for rig sensor stewardship...

Read More »

Concho Resources to acquire RSP Permian in $9.5 billion transaction

Market stocks default

Concho Resources and RSP Permian announced they have entered into a definitive agreement under which Concho will acquire RSP in an all-stock transaction valued at approximately $9.5 billion, inclusive of RSP’s net debt. The consideration will consist of 0.320 shares of Concho common stock for each share of RSP common stock. The transaction was unanimously approved by the board of directors of each company...

Read More »

Reliance announces sale of select assets in the Eagle Ford shale play

default-img-featured-land

Reliance Eagleford Upstream Holding, a subsidiary of both Reliance Holding USA and Reliance Industries, announced the signing of a purchase and sale agreement with Sundance Energy to divest its interest in certain acreage, producing wells and related assets in the western portion of its Eagle Ford shale position for approximate consideration of $100 million, subject to certain customary adjustments and closing terms and conditions. This transaction is in conjunction with sales made by Pioneer Natural Resources and Newpek, the other working interest owners in the joint development with Reliance...

Read More »