Baker Hughes, a GE company, announced that the Baker Hughes international rig count for July 2019 was 1,162, up 24 from the 1,138 counted in June 2019, and up 165 from the 997 counted in July 2018. The worldwide rig count for July 2019 was 2,238...
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Global and Regional Markets
Seadrill announces joint venture with Gulf Drilling International
Seadrill refers to the announcements made on 1 May 1 2019 in connection with the award of drilling contracts by Qatar Petroleum to Gulf Drilling International (GDI). Seadrill and GDI have entered into a 50:50 joint venture, GulfDrill...
Read More »Equinor and partners announce first oil from Mariner field, expects 300 million bbl over next 30 years
Equinor and partners have announced first oil from the Mariner field. The field is expected to produce more than 300 million bbl over the next 30 years. The Mariner reservoirs have up to 3 billion bbl in place, a 50% increase on what was originally assumed...
Read More »Antelope adopts Data Gumbo’s Blockchain network
Data Gumbo has announced Antelope Water Management has adopted the company's blockchain network GumboNet. This is the industry’s first use of a blockchain platform for total water management services in US shale plays. Antelope’s deployment moves Data Gumbo into the Permian Basin...
Read More »Interventek wins contract to deliver Revolution valves to Trendsetter
Interventek has been awarded a contract exceeding £1 million to deliver its 6-3/8”, 15,000 psi, open water Revolution valves to Trendsetter Engineering in Houston, will be delivered by early 2020...
Read More »Tullow Oil announces Jethro-1 oil discovery
Tullow Oil announced the results of its Jethro-1 exploration well, drilled on the Orinduik license offshore Guyana by its wholly owned subsidiary Tullow Guyana B.V. The Jethro-1 was drilled by the Stena Forth drillship to a total depth of 4,400 m in approximately 1,350 m of water...
Read More »Blockchain Research Institute announces new Pioneer member
The Blockchain Research Institute has announced its newest "Pioneer" member, a membership category reserved for new companies that are revolutionizing their industries with innovative blockchain strategies. PermianChain joins nearly 80 other BRI member companies...
Read More »Amplus Energy awarded multi-million dollar contract in Angola fields
Amplus Energy Services has been awarded a multi-million-dollar contract to reevaluate the development of marginal fields in Angola. The aim of the contract is to develop economically viable field development solutions for a major operator in Angola...
Read More »Operator improves wellhead base jetting operations with Churchill DAV MX CircSub
Churchill Drilling Tools has revealed that an operator significantly improved its wellhead base jetting operations by deploying the DAV MX CircSub. The client, having completed drilling operations, had to remove cuttings debris from its wellhead base prior to wellhead installation...
Read More »ONGC awards Shelf Drilling with two new contracts in India
Shelf Drilling announced that it has received an award for a three-year contract for each of the C.E. Thornton and F.G. McClintock jackup rigs with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India. The planned start-up of operations is Q4 2019...
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