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US oil-rig count down by one

The number of active rigs drilling for oil in the US dropped by five this week to 744, according to the Baker Hughes weekly rig count. This makes the third week in a row the US oil-rig count has fallen. There are now 935 total active rigs in the US, with 913 drilling on land and 19 offshore. Last week, that number stood at 936.

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Atwood Oceanics announces contract extension for Atwood Orca jackup rig

Atwood Oceanics announced that one of its subsidiaries has agreed to a four month extension on the jackup rig Atwood Orca with Mubadala Petroleum for drilling operations offshore Thailand. The new contract is at an undisclosed day rate that is higher than the current day rate, and it includes two four-month options that are priced at successively higher day rates than the new firm day rate...

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US total rig count drops by eight

The US total rig count has dropped from last week’s 944 rigs to 936, according to the Baker Hughes weekly rig count. Onshore, the active rigs fell from 923 to 915, while offshore grew by one. Last year, there were 506 rigs drilling in the US. Of those, 482 were on land and 20 were offshore.

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Schlumberger announces digital well construction planning solution on Microsoft cloud

Schlumberger has introduced DrillPlan digital well construction planning solution — the first step in the DELFI cognitive E&P environment. The DrillPlan solution is part of a fully integrated well construction offering, which transforms planning and execution performance, and enhances the efficiency and quality of every well drilled...

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