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Statoil and PL713 partners discover gas in Pingvin prospect in Barents Sea

Posted on 26 September 2014 in News, The Offshore Frontier

Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in an unexplored frontier…

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Maersk Drilling names fourth ultra-deepwater drillship; delivery expected in Q4

Posted on 26 September 2014 in News, The Offshore Frontier

Maersk Drilling’s fourth ultra-deepwater drillship was named in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si…

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Eni awarded 3 new exploration licenses in Egypt

Posted on 25 September 2014 in Global and Regional Markets, News

Eni was the successful bidder of three new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded after the ratification…

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Petrobras finds gas in Sergipe-Alagoas Basin

Posted on 25 September 2014 in News, The Offshore Frontier

While drilling extension well 3-BRSA-1022-SES (3-SES-181), Petrobras discovered gas. Poço Verde 1 well, 58 km off the coast of Aracaju, is in the Poço Verde Discovery Evaluation Plan area…

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Panel: Development of 20,000-psi BOP impacts entire rig

Posted on 23 September 2014 in Innovating While Drilling, News, The Offshore Frontier

The development of 20,000-psi drilling equipment and systems has been on industry’s agenda to meet operational needs in challenging frontiers. Although the BOP is a major focus in this effort…

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Siemens to acquire Dresser-Rand for $7.6 billion

Posted on 23 September 2014 in News

Siemens has entered into an agreement with Dresser-Rand to acquire all of the issued and outstanding common shares of Dresser-Rand. The offer price is $83 per common share in cash or a total transaction value of…

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‘Transformational technologies’ to support drilling systems automation

Posted on 23 September 2014 in IADC: Global Leadership, Global Challenges, Innovating While Drilling, News

On the road to drilling systems automation (DSA), communication plays a key role, in which physical mediums and standards enable disparate solutions…

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Shell: Sharing software solutions would move industry closer to rig automation

Posted on 22 September 2014 in News

When asked what will accelerate the adoption of modern technologies commonly used in other industries, 53% of approximately 150 people polled at the 2014 IADC Advanced…

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Maersk Drilling receives one-year extension for Maersk Convincer

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

Petronas Carigali has extended the contract for the jackup rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015…

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Patterson-UTI Energy to acquire Texas-based pressure pumping assets

Posted on 22 September 2014 in Global and Regional Markets, News, Onshore Advances

A subsidiary of Patterson-UTI Energy has entered into an agreement to acquire the Texas-based pressure pumping assets of a privately held company…

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Recent Drilling News

  • 24 October 2014

    GDF SUEZ, BP discover new Central North Sea Field

    “This is an encouraging exploration discovery in a part of the Central North Sea that needs additional volumes of hydrocarbons to open up development options…

  • 24 October 2014

    Chevron, BP discover oil in deepwater US Gulf of Mexico

    The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners. The well encountered significant oil pay…

  • 22 October 2014

    Shell discovers gas in pre-salt reservoir offshore Gabon

    Shell announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 m net gas pay…

  • 22 October 2014

    Statoil proves new oil resources near Grane field in North Sea

    Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

  • 21 October 2014

    IADC Cybersecurity Task Group to provide industry guidance to assess risks

    The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

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