Infield Rigs News

31 Dec 2013

Perisai Petroleum places order for third newbuild jackup rig

Perisai Petroleum Teknologi Bhd (Perisai) has placed an order for third newbuild jackup rig at Sembcorp Marine’s subsidiary PPL Shipyard in Singapore. The newbuild order is for a Pacific Class 400 designed jackup rig similar to Perisai’s two under construction units the ‘Perisai Pacific 101’ and ‘Perisai Pacific 102’. Perisai has ordered the newbuild unit for US$211.5 million, with delivery expected .... [+ read more] during Q3 2016. The unit will be capable of operating in 400ft of water with the ability to drill down to 30,000ft whilst accommodating a total of 150 people on board.

31 Dec 2013

'Songa Mercur' drills duster in Vietnam

KrisEnergy Ltd (KrisEnergy) has announced that the Eni operated Ca Ngu-1 exploration well that was drilled by the ‘Songa Mercur’ semisub in Vietnam has reached a total depth of 1,290m. The Ca Ngu-1 well was spudded on the 10th October 2013 and drilling was constantly delayed by typhoons that passed through the area and resulted in the crew from the ‘Songa .... [+ read more] Mercur’ being evacuated on numerous occasions. The well confirmed the presence of a petroleum system in the area and was plugged and abandoned following completion.

31 Dec 2013

Vietnam Ca Ngu-1 exploration well reaches total depth

KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, is pleased to announce that the Ca Ngu-1 exploration well in Block 120 has reached a total depth of 1,290 metres measured depth (“MD”), or 1,267 metres total vertical depth subsea (“TVDSS”). The Ca Ngu-1 well commenced drilling on 10 October 2013. Water depth at the Ca Ngu-1 .... [+ read more] location is approximately 270 metres. Wireline log data confirmed the presence of gas in Pliocene sandstone reservoirs, and a 15.2 metre gross hydrocarbon column within the Miocene carbonate reservoir, comprising a 10.6 metre gas column above a 4.8 metre oil rim. Drilling operations have been delayed by a series of strong typhoons passing through the region, which have resulted in the evacuation of crew from the Songa Mercur semisubmersible rig on several occasions. Chris Gibson-Robinson, KrisEnergy’s Director Exploration & Production, commented: "Ca Ngu-1 is being plugged and abandoned after encountering gas and oil volumes in the primary objective. Although the Ca Ngu well did not encounter significant volumes of hydrocarbons, it has confirmed the existence of a petroleum system in the area and provides valuable data for us and our partners to analyse before deciding our future exploration strategy within Block 120. We are encouraged by the preliminary results and it is important to reiterate that Block 120 has multiple exploration plays.” Block 120 covers an area of 8,574 sq km overlying the Quang Ngai Graben and the Tri Ton Horst where water depths range from 50 metres to 1,100 metres. The graben connects the Song Hong and Qiongdongnan basins in the north to the Phu Khanh Basin in the south. KrisEnergy holds a 25% working interest in Block 120 and is partnered by Eni Vietnam B.V. as the operator with 50% working interest and Neon Energy (Song Hong) Pty Ltd with 25%.

31 Dec 2013

Lukoil completes first exploration well in Sierra Leone

LUKOIL Overseas, operator of international upstream projects and a 100% subsidiary of LUKOIL, completed drilling of the first exploration well on Savannah structure (SL-5-11 deepwater block) offshore Sierra Leone. The well depth is more than 4,700 m, water depth at the drilling site exceeds 2,000 m. Drilling was accomplished using Ocean Rig Eirik Raude, world's largest self-propelled offshore platform of the .... [+ read more] 5th generation. Platform's height is 122 m, length is 119 m, width is 85 m, and displacement is 53 thousand tons, velocity is 7 knots, crew is 120 persons. Drilling was completed according to the schedule, with no violations of safety or environmental requirements, in strict adherence to the contractual obligations. The set objectives were achieved: targeted prospects were penetrated, oil saturated reservoirs were identified; oil samples were taken from the Turonian sands. Currently, the appraisal of potential hydrocarbon deposits is being performed. The results of this appraisal, as well as other data obtained while drilling, will undergo comprehensive analysis and classification. This work scheduled to be completed by the end of this year is aimed to expand the information available on the geological structure and petroleum potential of Sierra-Leonian - Liberian basin. In 2011, LUKOIL Overseas as the Operator with a 49% share entered the PSA for exploration and development of SL-5-11 block. This block, covering an area of 4,022 square kilometers, is located on the shelf and continental slope of the Atlantic Ocean at a water depth ranging from 100 to 3,300 meters. A standard contract for exploration and development of the block was concluded for the term of 30 years by project participants, including Oranto (30%) and PanAtlantic (21%). The minimum exploration program includes re-interpretation of historical seismic data, an electric exploration survey and drilling of one exploration well. Due to the importance of this program as an organic part of LUKOIL broad-scale drilling campaign in West Africa, the ceremonial launch of drilling in SL-5-11 block in September 2013 was attended by Ernest Bai Koroma, President of Sierra Leone, Guennady Gatilov, Deputy Minister of Foreign Affairs of Russia, and Andrey Kuzyaev, President of LUKOIL Overseas.

27 Dec 2013

Keppel FELS delivers 'AD 60' jackup rig to Arabian Drilling Company

Keppel FELS Ltd (Keppel) has announced delivery of the ‘AD 60’, a KFELS B class designed jackup rig to the Arabian Drilling Company (ADC). The ‘AD 60’ was delivered five days ahead of schedule and is the 21st rig to be delivered by Keppel in 2013 marking a new record number of rig deliveries by a company in a single year. .... [+ read more] ADC will now mobilise the ‘AD 60’ jackup to Saudi Arabia where it will begin a contract working for Saudi Aramco. The unit is the fifth jackup in ADC’s offshore drilling fleet and is the second KFELS B class unit delivered to the company following the delivery of the ‘AD 50’ jackup in June 2013, which was also constructed by Keppel.

23 Dec 2013

Hercules Offshore releases details of insurance claim for 'Hercules 265'

Hercules Offshore Inc (Hercules) has announced the company received payment from its insurance underwriters for the previously-disclosed damage to its ‘Hercules 265’ jackup drilling rig. Hercules insurance underwriters determined that the unit is a constructive total loss and as such Hercules received gross insurance proceeds of US$50 million. As a result of this insurance collection, Hercules anticipates recording an insurance gain .... [+ read more] of approximately $31 million in the fourth quarter 2013. Hercules and its insurance underwriters continue to negotiate the insurance recovery amounts for costs related to the salvage of the ‘Hercules 265’ and certain other insured losses. Also on December 20, 2013, Hercules announced that it has closed the sale of its ‘Hercules 170’ jackup drilling rig for a purchase price of US$8.3 million. Hercules did not disclose details of the new owner and manager of the ‘Hercules 170’.

23 Dec 2013

ICON Awarded HelM Wellhead Platform Design and Install Offsore TUNISI

TOPIC plan to use the jack-up rig, JAWHARA 5 (J-05) (ex- ENSCO 60), which will be converted and upgraded to be capable of both drilling and production activities as a MODPU (Mobile Offshore Drilling & Production Unit). .... [+ read more]

23 Dec 2013

Lundin Norway AS to use 'Bredford Dolphin' semisub to drill 16/3-8 S appraisal well

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/3-8 S, cf. Section 8 of the Resource Management Regulations. Well 16/3-8 S will be drilled from the Bredford Dolphin drilling facility at position 58°48’23.35’’ north and 02°40’27.67’’ east in production licence 501 in the central part of the North Sea. The drilling programme for well .... [+ read more] 16/3-8 S relates to drilling of an appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence consists of parts of blocks 16/2, 3, 5 and 6. The well was drilled about 3.9 kilometres southeast of the 16/2-6 discovery well on Johan Sverdrup. Production licence 501 was awarded on 23 January 2009 (APA 2008). This was the 20th well drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

23 Dec 2013

Ensco takes delivery of newbuild 'ENSCO 121' jackup rig

Ensco Plc (Ensco) has taken delivery of the ‘ENSCO 121’, the second of the company’s four high-specification’ jackup rigs built to its ENSCO 120 series design. The ‘ENSCO 121’ has been contracted by Wintershall for drilling operations in the North Sea beginning in Q2 2014 for a firm two year period. The unit was delivered to Ensco by Keppel FELS (Keppel) .... [+ read more] in Singapore and is currently being mobilised to Keppel’s shipyard in Rotterdam in the Netherlands to undergo final load out and crew familiarization. Ensco’s 120 series of jackups are enhanced version of Keppel’s Super A jackup design and can operate in water depths up to 400ft whilst drilling down to total depths of 40,000ft.

23 Dec 2013

Ocean Rig receives sixth newbuild drillship 'Ocean Rig Skyros'

Ocean Rig UDW Inc (Ocean Rig) has taken delivery of the company’s sixth newbuild ultra-deepwater drillship, the ‘Ocean Rig Skyros’. The ‘Ocean Rig Skyros’ was delivered to Ocean Rig by Samsung Heavy Industries (SHI) in South Korea and is the first seventh generation drillship to be delivered to the company, with a further three units currently under construction at SHI. The .... [+ read more] unit is currently being mobilised to Angola to begin its drilling contract with Total, which is expected to begin in Q2 2014.

20 Dec 2013

'GSP Saturn' awarded Pechora Sea drilling contract

GSP Offshore (GSP) has announced the signing of a two year contract with Gazpromneft-Sakhalin for drilling operations in the Pechora Sea in Russia. Gazpromneft-Sakhalin has contracted the ‘GSP Saturn’ jackup rig from May 2014 when the unit will be mobilised to Russia after completing its existing contract with Wintershall in the Netherlands. Gazprom-Sakhalin originally contracted the ‘GSP Jupiter’ for its planned .... [+ read more] drilling operations, however the initially agreed upon contract has now been altered and reassigned to the ‘GSP Saturn’. The first well to be spud in the two year program is the North-Dolginskaya No3 well on the Dolginskoye oil field.

20 Dec 2013

'Bredford Dolphin' drills dry well in North Sea

Lundin Norway AS, operator of production licence 410, has completed drilling of wildcat well 16/5-5. The well was dry. The well was drilled about 20 kilometres south of the Edvard Grieg field in the central part of the North Sea. The purpose of the well was to prove petroleum in Jurassic/Triassic reservoir rocks in a southern segment of the 16/4-6 .... [+ read more] S oil discovery. The well encountered 150 metres of fine-grained sandstone in Triassic, with poorer reservoir quality than expected. Small oil volumes were sampled from this sandstone without successful establishment of an oil gradient. The reason for this is that the reservoir zone is dense. Sandstone with better reservoir quality was proven underneath this zone. Pressure data shows that there is a pressure barrier between the 16/4-6 S discovery well to the west and well 16/5-5. The well is classified as dry. Extensive data acquisition and sampling have been carried out in the well. This is the first exploration well in production licence 410. The licence was awarded in APA 2006. The well was drilled to a vertical depth of 2060 metres below the sea surface and was terminated in Triassic rocks. The water depth is 100 metres. The well will be permanently plugged and abandoned. Well 16/5-5 was drilled by the Bredford Dolphin drilling facility, which will now proceed to drill appraisal well 16/3-8 on the 16/2-6 Johan Sverdrup discovery in production licence 501, where Lundin Norway AS is the operator.

20 Dec 2013

Premier Oil secures 'Maersk Guardian' jackup for Norwegian exploration well

Maersk Drilling has announced the signing of a charter contract for the ‘Maersk Guardian’ jackup with Premier Oil Norge AS (Premier). Premier and Maersk have signed a 62 day drilling contract for the drilling of a single exploration well that will target the Myrhauk prospect on block 3/7 in the Norwegian North Sea. The ’Maersk Guardian’ will begin the contract in .... [+ read more] direct continuation of the unit contract with Lundin Norway AS which is due to finish in Q3 2014.

20 Dec 2013

FD-1 wildcat exploration well to be plugged and abandoned

The following operational update relates to Cairn’s 2013/14 exploration drilling campaign offshore Morocco where drilling operations commenced in late October 2013. The FD-1 exploration well is located in 1,500 metres (m) of water approximately 120km offshore Morocco in the Foum Draa block (Cairn 50% Working Interest (WI) and Operator). The primary target of the well was a Late Jurassic/Early Cretaceous deep-water .... [+ read more] turbidite slope fan and channel complex. The FD-1 well has reached a Total Depth of 5,255m but has not encountered clastic reservoirs, although it has penetrated the oldest stratigraphic section of any deep water exploration well along the Moroccan margin. Gas shows and gas composition ratios encountered in the well have confirmed an active thermogenic petroleum system. The well is now being plugged and abandoned. Cairn is the Operator through its wholly owned subsidiary Capricorn Exploration and Development Limited with Joint Venture partners ONHYM, San Leon Energy plc, Serica Energy plc and Longreach Oil & Gas Limited. The next well in Cairn’s planned exploration programme is in the Juby Maritime III block in Morocco (Cairn 37.5% WI, Operator) and it will target a Middle Jurassic carbonate prospect located in 100m of water where the primary objective is some 1,000m below the 1969 Cap Juby oil discovery in the Upper Jurassic. Operations will commence on Cap Juby once the FD-1 well has been successfully plugged and abandoned.

20 Dec 2013

Sale of Rig

Alliance Offshore Drilling Ltd, a wholly owned subsidiary of TSC Group Holdings Limited (TSC) has announced an agreement to sell the first of its two under construction jackup rigs. TSC has sold the jackup to Hong Kong Petrolor Oilfield Services Ltd (Petrolor), a Hong Kong based onshore drilling service provider who are looking to enter the offshore drilling market. Petrolor is .... [+ read more] expected to take delivery of the Zentech R-550D jackup from TSC on the 30th November 2015 after it has been delivered by the CSSC Guangzhou Huangpu Shipyard in China. The sale of the unit leaves TSC with one further Zentech designed rig under construction at the shipyard, which is also due to be delivered in 2015.

19 Dec 2013

Chevron contracts 'Blackford Dolphin' for future UK drilling operations

Fred Olsen Energy has secured a charter contract with Chevron for its ‘Blackford Dolphin’ semisub in the UK North Sea. Chevron has contracted the ‘Blackford Dolphin’ for a 572 day period beginning in Q2 2015 with a total contract value of US$255 million and US$11 million worth of rig upgrades. The contract also contains between 300 and 700 days’ worth of .... [+ read more] option periods for Chevron to exercise to extend the contract. Chevron plans to use the rig to drill on a number of UK fields during the contract.

19 Dec 2013

Dragon Oil releases rig update information

Dragon Oil (Dragon) has released an update on the status of the company’s contracted offshore drilling rigs in the Cheleken Contract Area in Turkmenistan. Dragon plans to use the newly delivered ‘Neptune’ jackup rig to spud the Dzhygalybeg (Zhdanov) 21/101 well in mid-January 2014. The ‘Neptune’ jackup recently arrived in Turkmenistan for the beginning of its nine-month contract with Dragon and .... [+ read more] is being prepared for drilling operations. At the end of its nine month contract the ‘Neptune’ will be released by Dragon and replaced by the currently under construction ‘Mercury’ jackup, which will complete the remaining 27 months of the three year contract signed with Eurasia Drilling. Meanwhile the ‘Caspian Driller’ jackup faces further delays with the unit now not expected to begin operations until mid-2014 due to contractor delays. The ‘Caspian Driller’ was originally ordered in 2007 and took 6 years to be delivered from the yard.

18 Dec 2013

Buccaneer Energy releases update for Alaskan drilling operations

Buccaneer Energy has released an update of its current operations in the USA (Alaska). The ‘Endeavour, The Spirit of Independence’ (Endeavour) jackup is currently in Port Graham, Alaska awaiting approval from regulatory groups to carry out winter drilling operations. The unit gained approval to drill the Cosmo #2 well on the 8th October 2013, however is still awaiting timing approval. The .... [+ read more] aim of the Cosmo #2 well is to appraise the Cosmo #1 well which intersected gas in August 2013.

18 Dec 2013

'Norbe VIII' drillship spuds Carcara prospect appraisal well in Brazil

Querioz Galvao Exploraco e Producao (QGEP) has announced the spudding of an appraisal well on for the Carcara discovery on Block BM-S-8 in the Santos basin in Brazil. Drilling of the well began on the 14th December 2013, with the company using the ‘Norbe VIII’ drillship for drilling activity. The ‘Norbe VIII’ drillship is contracted to Petrobras who have a 66% .... [+ read more] interest in the block; alongside QGEP’s 10% interest with the remaining partners in the block being, Petrogal Brasil (14%) and Barra Energia do Brasil Petroleo e Gas Ltd (10%). QGEP expect drilling of the appraisal to be completed by the end of Q1 2014.

18 Dec 2013

Shell extends contract for 'Noble Discoverer' drillship

Noble Corporation (Noble) has confirmed an extension of Shell’s existing contract for the ‘Noble Discoverer’ drillship. The new contract extends the existing contract for an additional thirty four months and means the unit will be contracted to Shell until the end of 2016, with an increase in dayrate to US$363,000 from the previous US$244,000 that Shell was paying. The ‘Noble Discoverer’ .... [+ read more] is currently docked in a South Korean shipyard where it is undergoing repair and modification work before it heads back to the Chuckhi Sea in USA (Alaska) for drilling operations in 2014. Noble also confirmed new jackup contracts for the ‘Noble Tommy Craighead’ in Equatorial Guinea and ‘Noble Byron Welliver’ in the Netherlands.

18 Dec 2013

Paon-2A well result offshore Côte d’Ivoire

Tullow Oil plc (Tullow) announces that the Paon-2A appraisal well in the CI-103 licence offshore Côte d’Ivoire has determined the down-dip extent of the Paon oil accumulation. The well encountered the water below the oil accumulation discovered at the Paon-1X well and pressure logging has located the likely oil water contact. To minimise the number of appraisal wells, Paon-2A .... [+ read more] was located 15km south west and approximately 370 metres down-dip of the Autruche light oil discovery made by the Paon-1X well in 2012. The well encountered Upper Cretaceous reservoir sandstones which were water bearing at this location. Pressure data from the Autruche age reservoirs intersected in Paon-2A indicate that the Autruche oil accumulation between this well and Paon-1X has a hydrocarbon column of at least 230 metres. Following completion of logging operations the well will be plugged and abandoned. The Seadrill West Leo dynamically positioned semi-submersible drilled Paon-2A to a final depth of 5,380 metres in water depths of 2,366 metres. Tullow (15% plus a 15% carried interest) operates the CI-103 licence and is partnered by Anadarko Petroleum (55%) and the Societé Nationale d’Opérations Pétrolières de Côte D’Ivoire (Petroci) (5% plus a 10% carried interest).

18 Dec 2013

Nido Petroleum secure 'UMW Naga 5' jackup for Philippines drilling

Nido Petroleum Limited (Nido) has agreed a contract with UMW Standard Drilling (UMW) to contract UMW’s currently under construction ‘UMW Naga 5’ jackup drilling rig. Nido has contracted the ‘UMW Naga 5’ for a six week period from the beginning of June 2014 for drilling operations in the Philippines, including the drilling of the Baragatan prospect. The ‘UMW Naga 5’ jackup .... [+ read more] is currently under construction in Singapore and is due to be delivered in early May 2014 after which it will be mobilised to the Philippines for its contract with Nido. When delivered the ‘UMW Naga 5’ will be the fourth jackup rig in UMW’s drilling fleet following the delivery of the ‘UMW Naga 4’ jackup in February 2013 which is currently working in Malaysia for Petronas.

17 Dec 2013

'Pacific Khamsin' drillship receives Nigerian drilling permit

Pacific Drilling’s newly launched drillship the ‘Pacific Khamsin’, has received its drilling permit for operations in Nigeria and began its drilling contract with Chevron on the 17th December 2013. The ‘Pacific Khamsin’ was delivered to Pacific Drilling in early September 2013 from Samsung Heavy Industries in South Korea and is the company’s fifth ultra-deepwater drillship. Chevron contracted the ‘Pacific Khamsin’ in .... [+ read more] Nigeria for an initial two year period with a dayrate of US$660,000, signing the contract in November 2012.

15 Dec 2013

'Al Khor' jackup contracted by JX Nippon for Qatar Drilling

Gulf Drilling International (GDI) has signed a contract with JX Nippon Oil & Gas Exploration Qatar (JX Nippon) for the contracting of the ‘Al Khor’ jackup rig. The ‘Al Khor’ jackup is currently contracted to Shell for drilling operations on the North field in Qatar and has been contracted by JX Nippon from Q2 2014. JX Nippon has contracted the unit .... [+ read more] to drill the JXQA-1 well which the company has a joint interest in alongside Qatar Petroleum.

14 Dec 2013

'Hercules Resilience' jackup is delivered by Keppel FELS

Hercules Offshore Inc (Hercules) has taken delivery of the newbuild ‘Hercules Resilience’ jackup rig from Keppel FELS Limited (Keppel) in Singapore. The ‘Hercules Resilience’ is a high-specification jackup built to Keppel’s KFELS Super A design and is the sister unit of the ‘Hercules Triumph’ rig that was launched earlier in 2013. The unit was originally completed in October 2013; however it .... [+ read more] has been undergoing additional upgrade work at Keppel’s yard in Singapore over the last previous two months before its official delivery was announced. The unit is being actively marketed for a drilling contract.

14 Dec 2013

Keppel FELS delivers Hercules’ second KFELS Super A Class jackup rig

Keppel FELS Limited (Keppel FELS) has delivered to Hercules Offshore, Inc. (Hercules Offshore), their second harsh environment KFELS Super A Class jackup rig. The rig was named Hercules Resilience at a ceremony today after it was officially delivered on 30 November 2013, 45 days ahead of schedule, on budget and with a perfect safety record. The first KFELS Super A .... [+ read more] Class rig for Hercules, Hercules Triumph, was delivered in April this year, 46 days ahead of schedule. Designed for the harsh environmental conditions of the North Sea (UK Sector), the ultra high-specification jackup rig is also able to operate efficiently in virtually all parts of the world outside Norway and the Arctic. Its enhanced leg design incorporates Keppel's proven and reliable high capacity rack and pinion jacking system which ensures that the rig is able to jack up securely in a variety of challenging environments.

14 Dec 2013

'Murmanskaya' spuds BH-25 well in Vietnam

On December 11th, 2013 jack-up drilling rig ‘Murmanskaya’, owned by Arktikmorneftegazrazvedka JSC (subsidiary of Zarubezhneft JSC), started drilling exploration well ? BH-25 on the Bach Ho field offshore Vietnam within the long-term contract with the joint Russian-Vietnamese enterprise Vietsovpetro. Category of the well BH-25 – development well. Projected depth – 3339 meters, projected well construction period – 66 days.Drilling of the .... [+ read more] well has been started after completing the scheduled repair of the jack-up drilling rig. Documents of the Russian Registry of Shipping for the next five years of the jack-up drilling rig operation have been obtained. Carrying out the planned tasks, Zarubezhneft's subsidiary Arktikmorneftegazrazvedka provides the full range of sea prospecting and exploration and oil well construction offshore Vietnam.

12 Dec 2013

Atwood Oceanics takes delivery of the 'Atwood Advantage' drillship

Atwood Oceanics has taken delivery of the rig managers’ newbuild drillship the ‘Atwood Advantage’ from Daewoo Shipbuilding & Marine Engineering Ltd (DSME) in South Korea. Upon delivery from DSME the unit entered straight into its contract with Noble Energy and began the mobilisation phase to the US Gulf of Mexico, where upon arrival it will begin its three year drilling contract .... [+ read more] with Noble Energy. The ‘Atwood Advantage’ is the first of four ultra-deepwater drillships to be delivered to Atwood with the remaining three units currently under construction at DSME and due for delivery in 2014 & 2015.

12 Dec 2013

Atwood Oceanics takes delivery of the 'Atwood Advantage' drillship

Atwood Oceanics has taken delivery of the rig managers’ newbuild drillship the ‘Atwood Advantage’ from Daewoo Shipbuilding & Marine Engineering Ltd (DSME) in South Korea. Upon delivery from DSME the unit entered straight into its contract with Noble Energy and began the mobilisation phase to the Eastern Mediterranean, where upon arrival it will begin its three year drilling contract with Noble .... [+ read more] Energy. The ‘Atwood Advantage’ is the first of four ultra-deepwater drillships to be delivered to Atwood with the remaining three units currently under construction at DSME and due for delivery in 2014 & 2015.

11 Dec 2013

Keppel FELS pushes forward with construction of newly designed CAN DO drillship

Keppel FELS Ltd (Keppel), the Singaporean based offshore rig builder has announced that the company is set to push forward with the construction of the company’s newly launched CAN DO drillship. The unit is being built on a speculative basis by Keppel with no client lined up to take delivery of the unit upon completion. The drillship is expected to be .... [+ read more] delivered towards the end of 2016 and has been designed to deliver good performance whether the unit is performing development/completion drilling or exploration drilling. The CAN DO drillship when constructed will be the first drillship capable of handling a 20K psi blowout preventer.

9 Dec 2013

'COSLHunter' heads to Gulf of Mexico for Pemex Contract

China Oilfield Services Limited (COSL) has taken delivery of its newbuild ‘COSLHunter’ jackup rig. The ‘COSLHunter’ was delivered by China Merchants Heavy Industry Company (CMHI) and constructed at the CMHI’s shipyard in Shenzen, China. The unit is a Gusto MSC CJ46 jackup and upon delivery is in the process of being mobilised to Mexico where it has been chartered by Pemex .... [+ read more] for five and a half years. COSL purchased the ‘COSLHunter’ alongside its sister unit the ‘COSLGift’ from the Falcon Energy Group in August 2013

9 Dec 2013

Trintiy Exploration & Production use 'Rowan Gorilla III' to strike oil in Trinidad

Trinity Exploration & Production (Trinity) has announced that the company has struck oil whilst drilling the TGAL-1 wildcat well in Trinidad & Tobago. Trinity used the ‘Rowan Gorilla III’ jackup rig to drill the wildcat well in the Galeota licence. Trinity spudded the well on the 31st October 2013 and intersected five oil bearing reservoir packages before drilling was stopped after .... [+ read more] the well reached a total depth of 5,694ft. Trinity is now evaluating whether further appraisal of the discovery is required. The ‘Rowan Gorilla III’ is currently contracted to a consortium of oil & gas operators in Trinidad including, Trinity, Centrica, EOG Resources and Repsol and is contracted firmly until November 2014.

9 Dec 2013

'West Hercules' strikes oil at Skavl prospect for Statoil in Norway

Statoil Petroleum AS, operator of production licence 532, is in the process of completing the drilling of wildcat well 7220/7-2 S. The well was drilled about five km south of the 7220/8-1 Johan Castberg discovery in the Barents Sea and about 240 km northwest of Hammerfest. The primary exploration target for the well was to prove petroleum in reservoir rocks .... [+ read more] from the Late Triassic Age (the Fruholmen formation). The secondary exploration target was to prove petroleum in reservoir rocks from the Early Jurassic (the Tubåen formation). The well encountered a gross oil column of about 133 metres in the Fruholmen formation, with poorer than expected reservoir quality. In the Tubåen formation, the well encountered a gross gas column of about 22 metres and a gross oil column of about 23 metres, with good reservoir quality as expected. Preliminary estimates indicate that the discovery is between three and eight million standard cubic metres (Sm3) of recoverable oil equivalents. Further delimitation of the discovery will be considered. The well was not formation-tested, but extensive data acquisition and sampling have been carried out. This is the fifth exploration well in production licence 532. The licence was awarded in the 20th licensing round in 2009. The well was drilled to a vertical depth of 1700 metres below the sea surface, and was terminated in the Snadd formation from the Middle to Late Triassic. The water depth is 349 metres. The well will now be permanently plugged and abandoned. Well 7220/7-2 S was drilled by the West Hercules drilling facility, which will subsequently drill wildcat well 7220/4-1 on another prospect in the same production licence.

9 Dec 2013

Northern Offshore secures Letter of Intent for 'Energy Searcher'

Northern Offshore ltd (NOF) has signed a letter of intent (LOI) with Camac Energy for the purpose of contracting the ‘Energy Searcher’ drillship for operations on the Oyo field in Nigeria. The LOI could see the unit contracted to Camac Energy for a two year period, with a 1 year firm contract and an additional 1 year option that can be .... [+ read more] exercised at a later date. NOF has set a deadline of the 31st December 2013 for executing a definitive contract for the ‘Energy Searcher’, which could earn up to US$100 million for the initial 1 year firm contract. The unit is currently ready stacked in Singapore and has been since it completed its last contract in Vietnam in September 2012.

9 Dec 2013

Det norske oljeselskap ASA receives consent to drill Barents Sea wildcat well 7222/11-2 A

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for well 7222/11-2 A, cf. Section 8 of the Resource Management Regulations. Well 7222/11-2 will be drilled from the Transocean Barents drilling facility at position 72° 06` 23.17" north and 22° 36´ 47.74" east. The drilling programme for well 7222/11-2 relates to the drilling of a wildcat .... [+ read more] well in production licence 659. Det norske oljeselskap ASA is the operator with a 30 per cent ownership interest. The other licensees are Petoro AS with 30 per cent, Lundin Norway AS with 20 per cent, Tullow Oil Norge AS with 10 per cent, Rocksource Exploration Norway AS with 5 per cent and Ithaca Petroleum Norge AS with 5 per cent. The production licence includes parts of the blocks 7121/3, 7122/1, 7122/2, 7221/10, 7221/12, 7222/11 and 7222/12. The production licence was awarded in APA 2011. Wildcat well 7222/11-2 is the first exploration well in production licence 659. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

6 Dec 2013

Lundin secures approval from NPD to drill Kopervik Prospect with the 'Island Innovator'

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 25/10-12, cf. Section 8 of the Resource Management Regulations. Well 25/10-12 will be drilled from the Island Innovator drilling facility at position 59°02’36.7’’ north 02°18’13.1’’ east in production licence 625 in the central part of the North Sea. The drilling programme for well 25/10-12 relates to .... [+ read more] drilling of a wildcat well in production licence 625. Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are Bayerngas Norge AS, Maersk Oil Norway AS and Petoro AS with 20 per cent each. The area in this licence consists of the southeastern part of block 25/10. The well will be drilled about 5 kilometres northeast of the oil/gas discovery 25/10-8 Hanz, which is part of the Ivar Aasen field. Production licence 625 was awarded on 3 February 2012 (APA 2011). This is the first exploration well drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

6 Dec 2013

CNOOC's second deepwater Congo (Brazzaville) exploration well fails to deliver

Oryx Petroleum (Oryx), the junior partner in China National Offshore Oil Corporation’s (CNOOC) recent exploration campaign in the Haute Mer A license area in Congo (Brazzaville), has reported the drilling of a dry well. Oryx announced that the Horse (H-1) exploration well which was drilled by the ‘Jasper Explorer’ drillship failed to hit any hydrocarbon reservoirs. The ‘Jasper Explorer’ will now .... [+ read more] move back to test the previously announced elephant (E-1) discovery well.

6 Dec 2013

Alliance Offshore Drilling agrees to sale of one under construction jackup rig

Alliance Offshore Drilling Ltd, a wholly owned subsidiary of TSC Group Holdings Limited (TSC) has announced an agreement to sell the first of its two under construction jackup rigs. TSC has sold the jackup to Hong Kong Petrolor Oilfield Services Ltd (Petrolor), a Hong Kong based onshore drilling service provider who are looking to enter the offshore drilling market. Petrolor is .... [+ read more] expected to take delivery of the Zentech R-550D jackup from TSC on the 30th November 2015 after it has been delivered by the CSSC Guangzhou Huangpu Shipyard in China. The sale of the unit leaves TSC with one further Zentech designed rig under construction at the shipyard, which is also due to be delivered in 2015.

6 Dec 2013

Statoil makes another high-impact natural gas discovery offshore Tanzania

Statoil and co-venturer ExxonMobil today announce its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place in the Mronge-1 well brings the total of in-place volumes up to 17-20 Tcf in Block 2. Mronge-1 is drilled by the drillship Discoverer Americas, and the site is located 20 kilometres .... [+ read more] north of the Zafarani discovery, and at 2,500-metre water depth. "We have initiated a new and ambitious drilling campaign offshore Tanzania following four successful discoveries during the first drilling phase. The Mronge-1 well discovered additional gas volumes and furthers the potential for a natural gas development in Tanzania. The new drilling program also allows us to fully explore the remaining exploration potential in Block 2," says Nick Maden, senior vice president for Statoil's exploration activities in the Western hemisphere. The Mronge-1 well discovered gas at two separate levels. The main accumulation is at the same stratigraphic level as proven in the Zafarani-1 well in Block 2. The Zafarani-1 discovery was made in 2012 and was a play opener for the block. The secondary accumulation was encountered in a separate, younger gas bearing reservoir, in a play which previously has not been tested in Block 2. The Mronge-1 discovery is the venture's fifth discovery in Block 2. It was preceded by three successful high-impact gas discoveries during the first drilling phase with Tangawizi-1, Zafarani-1 and Lavani-1, and a deeper discovery in a separate reservoir in Lavani-2. "These are high value resources. The attractiveness is also demonstrated by a recent asset transaction in the neighboring block. The discoveries also demonstrate how Statoil's strategy of focusing on high-impact opportunities is paying off and supports the company's ambition for international growth," Maden says. "The Tanzania government is pleased to learn about additional gas resources discovered in Block 2," says Hon. Prof. Sospeter Muhongo, Minister for Energy and Minerals in Tanzania. The Statoil-operated partnership started its new drilling campaign in Block 2 in September 2013. In addition to Mronge-1, the campaign includes drilling of several new prospects and appraisal of previous discoveries. Following Mronge-1, the partnership is scheduled to appraise the 2012 Zafarani discovery. Statoil operates the licence on Block 2 on behalf of Tanzania Petroleum Development Corporation (TPDC) and has a 65% working interest, with ExxonMobil Exploration and Production Tanzania Limited holding the remaining 35%. Statoil has been in Tanzania since 2007, when it was awarded the operatorship for Block 2.

5 Dec 2013

Vietnam Cua Lo 1 ST-1 exploration well reaches total depth

KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, is pleased to announce that the Cua Lo 1 ST-1 exploration well in Block 105-110/04 (“Block 105”) has reached a total depth of 2,867 metres measured depth (“MD”), or -2,800 metres total vertical depth subsea (“TVDSS”). The operator, Eni Vietnam B.V., is currently running wireline logs prior to .... [+ read more] undertaking a drill stem test. The Company intends to make a further announcement once all data has been received and analysed. The Cua Lo 1 ST-1 well is a sidetrack well to the original Cua Lo-1 exploration well, which commenced drilling on 11 August 2013 and was then subsequently plugged back from a depth of -2,531 TVDSS and sidetracked due to an unexpected high pressure kick. Drilling operations have been further delayed by a series of strong typhoons passing through the region, which have resulted in the evacuation of crew from the Ensco 107 jack-up rig on four occasions. Block 105 covers an area of 7,192 sq km offshore northern Vietnam, overlying the central Song Hong Basin where water depths range from 20 metres to 80 metres. The water depth at the Cua Lo 1 ST-1 location is 76 metres. KrisEnergy holds a 25% working interest in Block 105 and is partnered by Eni Vietnam B.V. with 50% working interest and Neon Energy (Song Hong) Pty Ltd with 25%.

3 Dec 2013

'Zagreb 1' semisub begins journey to Libya for drilling contract with Total

Crosco’s ‘Zagreb 1’ semi-submersible drilling unit has successfully begun its mobilisation to Libya for a drilling contract with Total. Towing of the ‘Zagreb 1’ began on the 28th November 2013 and the unit is expected to reach its A1-16/3 drilling location within 10 days. The unit has been docked at the Brodotrogir shipyard in Croatia since January 2011 where it has .... [+ read more] been undergoing extensive upgrades.

3 Dec 2013

Lundin secures drilling permit to drill appraisal well of the Jorvik Prospect in Norway

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-18, cf. Section 8 of the Resource Management Regulations. Well 16/1-18 will be drilled from the Island Innovator drilling facility at position 58°50’28.11’’ north and 02°17’21.97’’ east in production licence 338. The drilling programme for well 16/1-18 relates to drilling of an appraisal well in production .... [+ read more] licence 338. Lundin is the operator with an ownership interest of 50 per cent. The other licensees are OMV (Norge) AS with 20 per cent, Statoil Petroleum AS and Wintershall Norge As with 15 per cent each. The area in this licence consists of parts of block 16/1. The well will be drilled southeast on the Edvard Grieg field in the central part of the North Sea. Production licence 338 was awarded on 17 December 2004 (APA 2004). This is the ninth exploration well to be drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

2 Dec 2013

Seadrill sells two semisubs to Seadrill Partners LLC

Seadrill Ltd (Seadrill) has entered into an agreement with Seadrill Partners LLC to sell two working semisubmersible drilling rigs to the recently spun off rig manager. Seadrill Partners LLC will purchase the ‘West Leo’ and ‘West Sirius’ units from Seadrill through a series of purchases, contributions and assumption of debts associated with the two rigs. The implied purchase price of the .... [+ read more] ‘West Leo’ is US$1.25 billion, whilst the ‘West Sirius’ implied cost is US$1.035 billion. Both assets have good long term contracts attached with the ‘West Leo’ currently contracted to Tullow Oil in Ghana until 2018 and the ‘West Sirius’ is working in the US GoM for BP and is contracted through to July 2019.

2 Dec 2013

VNG to drill exploration well using the 'Transocean Arctic'

The Norwegian Petroleum Directorate has issued VNG Norge AS a drilling permit for well 6406/12-3 S, cf. Section 8 of the Resource Management Regulations. Wellbore 6406/12-3 S will be drilled from the Transocean Arctic drilling facility in position 64°01’52.37’’ north and 06°45’17.53’’ east after it completes drilling wildcat well 35/9-10 A for Wintershall Norge AS in production licence 418. The drilling .... [+ read more] programme for well 6406/12-3 S concerns drilling of a wildcat well in production licence 586. VNG Norge AS is the operator with an ownership interest of 30 per cent. The other licensees are Spike Exploration Holding AS (30 per cent), Faroe Petroleum Norge AS (25 per cent) and Rocksource Exploration Norway AS (15 per cent). The area in this licence consists of part of block 6406/11 and part of block 6406/12. The well will be drilled approx. 8 kilometres east of the 6406/11-1 S discovery and about 33 kilometres southwest of the Njord field. Production licence 586 was awarded on 4 February 2011 (APA 2010). This is the first well to be drilled in this licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities before the drilling activity starts.

2 Dec 2013

'Kan Tan IV' spuds Matuku-1 well in New Zealand

Drilling is underway in the Matuku-1 well in PEP 51906 offshore Taranaki, the operator has advised. New Zealand Oil & Gas holds a 12.5 per cent interest in the well. The Kan Tan IV began drilling operations at 1.50PM on Saturday, 30 November. Matuku-1 is in 130 metres of water. It is expected to take 45 days to drill to the .... [+ read more] projected target depth of about 4750 metres (measured depth below the rotary table). The Matuku prospect lies south of the producing Tui oil fields and west of the Maui gas field. The well targets the F Sand reservoir sandstones of the Kapuni Group. Secondary targets are sandstones of the Kapuni Group D Sand and Pakawau Group North Cape Formation. The Kan Tan IV is a semi-submersible rig operated by Frigstad Offshore Limited. The rig was previously deployed successfully in PMP 38160 (Manaia). Participants in PEP 51906 are OMV New Zealand (Operator) 65 per cent; Octanex 22.5 per cent; and New Zealand Oil & Gas 12.5 per cent.

1 Dec 2013

Cobalt International Energy, Inc. Confirms Significant Pre-salt Discovery at its Lontra #1 Well, Offshore Angola

Cobalt International Energy, Inc. (“Cobalt”) (NYSE:CIE) confirmed today that it has successfully tested its previously announced Lontra #1 Pre-salt discovery well in Block 20, offshore Angola. During the recently completed drill stem test, the Lontra well produced at a stabilized flow rate of 2,500 barrels per day of condensate and 39 million cubic feet per day of gas. The flow rates .... [+ read more] were significantly restricted by the surface test facilities on the SSV Catarina drilling rig. The Lontra #1 exploratory well was drilled to a total depth of 4,195 meters (13,763 feet) and penetrated approximately 75 meters (250 feet) of net pay in a very high quality reservoir section. The discovery well encountered both a high liquids content gas interval and an oil interval. The drill stem test was conducted in the high liquids content gas interval in order to acquire data on the flow capacity and fluid composition of this interval. “We and our partners Sonangol P&P and BP are very pleased with the results of our Lontra #1 discovery,” said Joseph H. Bryant, Cobalt’s Chairman and Chief Executive Officer. “While further appraisal drilling will be required to determine the ultimate size of the Lontra field, it is clear that Lontra is a discovery on a global scale. The exceptional reservoir system that we have discovered ranks among the best that we have seen. Although the field contains more gas than our pre-drill estimates, it is beneficial that Lontra is offshore near Luanda, where we believe there is a potentially large emerging market for gas. We and our partners as the Contractor Group have already begun discussions with the Concessionaire regarding the simultaneous commercialization of both the liquids and the gas discovered in Lontra for the benefit of both Angola and the Contractor Group.” James W. Farnsworth, Cobalt’s Chief Exploration Officer added, “The results of the Lontra well are exceptional, with excellent quality reservoirs that are better than we had expected. Additionally, all of the data that we have collected suggests that the well’s deliverability far exceeds the drill stem test flow rates, which were limited by the surface test equipment. We have now drilled three exploration wells in the Kwanza Pre-salt basin and have made three discoveries. This excellent track record gives us increased confidence in the depth of our Angolan portfolio, the size and value of its potential and the likelihood of further large discoveries.” Following the temporary abandonment of the Lontra #1 well, Cobalt has mobilized the Petroserv SSV Catarina rig to drill the Orca #1 Pre-salt exploratory well (formerly the Baleia Prospect), located approximately 15 miles (25 kilometers) northeast of Lontra in Block 20. Cobalt, as operator, owns a 40 percent working interest in both Lontra and Orca. Partners in Block 20 are BP and Sonangol P&P, each with a 30 percent working interest.

29 Nov 2013

'Rowan Renaissance' drillship schedule and Welwitschia-1 planned spud date

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited ("Neptune"), has received formal notification from Repsol Exploration (Namibia) (Pty) Limited ("Repsol"), the Operator of Namibia PEL0010 (Neptune 30% working interest), that the scheduled arrival of the Rowan Renaissance Drillship in Walvis Bay, Namibia, will be delayed by approximately one month. The rig .... [+ read more] is now scheduled to arrive at the well location on 23 March 2014 and it is estimated that the drilling of the Welwitschia-1 well will commence at the end of March 2014. The Rowan Renaissance is a new build, dual-stack, 6th generation drillship, being constructed in the Ulsan shipyard, South Korea, by Hyundai Heavy Industries and is on a three year, international, multi-well contract to Repsol. The vessel is expected to depart South Korea towards the end of January 2014 after wet testing the Blow-Out Preventers. Following its departure, the rig will then make two scheduled stops in Singapore and Cape Town. These operational "stop overs" also allow the loading of drilling related equipment. The Welwitschia-1 prospect which is targeting net risked recoverable resources of 496 mmboe to Tower's 30% interest (based on the updated CPR - July 2013) promises to be one of the highest profile exploration wells drilled in Africa during 2014. Graeme Thomson, Tower's CEO, commented: "Whilst we have been aware of the more conservative timing suggested by Rowan's recent Fleet Status Report the formal notification from the Operator and Rowan is in fact a new development, but it is only a short delay. We and the market are increasingly excited as the drilling of Welwitschia-1 draws closer and will provide further updates as we move towards the spud date of this giant prospect".

25 Nov 2013

Seadrill begins discussions with Pemex on US$1.8 billion worth of jackup contracts

Seadrill Ltd (Seadrill) has entered into a Heads of Agreement with Pemex with regards to the possible contracting of 5 jackup rigs by the Mexican oil and gas operator beginning in the first half of 2014. The agreement includes Seadrill’s ‘West Defender’, ‘West Intrepid’, ‘West Courageous’, ‘West Oberon’ and ‘Prospector 3’ jackup rigs, with potential revenue from the contract expected to .... [+ read more] exceed US$1.8 billion. The total number of contracts awarded would exceed 30 years in total and would allow Pemex to secure a number of new assets for long term contracts as the operator looks to boost its production rates.

25 Nov 2013

Sevan Drilling considering not taking delivery of newbuild semisub rig

Sevan Drilling has announced that the rig owner may decide to cancel delivery of the company’s newbuild ‘Sevan Rig No 4’ semisub. The unit which is currently under construction at COSCO’s shipyard in Nantong, China, is being marketed by Seadrill and due for delivery in Q2 2014. However, Sevan Drilling’s board has announced that if the unit is unable to secure .... [+ read more] a contract before delivery then the company may decide to cancel delivery of the unit, due to the costs that would be associated with accepting it. If a contract is secured the company will accept delivery of the unit.

21 Nov 2013

Island Innovator set to drill 16/2-20 A well for Lundin Norway AS

The Norwegian Petroleum Directorate (NPD) has issued Lundin Norway AS a drilling permit for well 16/2-20 A, cf. Section 8 of the Resource Management Regulations. Well 16/2-20 A will be drilled from the Island Innovator drilling facility at position 58°56’30.84’’ north and 02°25’18.62’’ east in production licence 501. The drilling programme for well 16/2-20 A relates to the drilling of a .... [+ read more] wildcat well in production licence 501. Lundin is the operator with a 40 per cent ownership interest. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence comprises parts of blocks 16/2, 3, 5 and 6. The well will be drilled about 0.5 kilometres to the southwest of 16/2-20 S and around 3.2 kilometres north of well 16/2-9 S on Johan Sverdrup in the central part of the North Sea. Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the 19th exploration well to be drilled within the area of the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities before the drilling activity commences.

21 Nov 2013

Rowan inks ten year contract extension for 'Bob Keller' rig

Rowan Companies has inked a ten year contract extension for the ‘Bob Keller’ jackup drilling rig, which will see the unit continue to work in the Middle East until 2024. The ten year contract extension was signed by Saudi Aramco with whom the unit has been contracted since 2008. The rigs new contract will come into effect in May 2014 .... [+ read more] with a dayrate of US$177,500 for the duration of the new contract.

20 Nov 2013

Ensco Plc secures two year contract for its newbuild 'Ensco 122' jackup

Nederlandse Aardolie Maatschappij B.V. (NAM) a Netherlands focused oil and gas explorer and producer has contracted Ensco’s newbuild ‘Ensco 122’ jackup rig for future drilling work in the Netherlands and UK sections of the North Sea. NAM has contracted the newbuild jackup rig on a two year contract, beginning in Q4 2014 and running through to Q4 2016, at a dayrate .... [+ read more] in the low US$230,000’s. The ‘Ensco 122’ is expected to be delivered in late Q3 2014 and upon delivery the unit will mobilise to the Netherlands from Singapore to begin its contract with NAM.

20 Nov 2013

Ensco orders fourth ENSCO 120 series jackup rig

Ensco plc (Ensco) has announced the ordering of a fourth version of the company’s ENSCO 120 customised series of jackup rigs. Ensco placed the order for the unit which will be named the ‘Ensco 123’ with Keppel FELS in Singapore, just as it has done for the three previous units. Construction of the ‘Ensco 123’ is expected to cost US$285 million, .... [+ read more] with delivery coming in Q2 2016 along with the option to order another unit of similar design from the yard. The order of the ‘Ensco 123’ follows the recent delivery of the first version of the jackup design the ‘Ensco 120’, which was delivered in August 2013 and is now working for Nexen on its Golden Eagle development in the UK North Sea.

19 Nov 2013

Total to use 'Leiv Eiriksson' to spud wildcat well on Trell prospect

The Norwegian Petroleum Directorate (NPD) has granted Total E&P Norge AS a drilling permit for well 25/5-8, cf. Section 8 of the Resource Management Regulations. Well 25/5-8 will be drilled from the Leif Eiriksson drilling facility at position 59°37’05.65” north and 02°23’44.48” east. The drilling programme for well 25/5-8 relates to drilling of a wildcat well in production licence 102 .... [+ read more] F. Total E&P Norge AS is the operator with a 50 per cent ownership interest. The other licensees are Petoro AS with 30 per cent, Centrica Resources (Norge) AS with 10 per cent and Det norske oljeselskap ASA with 10 per cent. The area in this licence comprises part of block 25/5 in the central part of the North Sea. Production licence 102 F was awarded on 10 October 2013 (APA 2011). This is the first exploration well to be drilled in the licence, and within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities before the drilling activity commences.

19 Nov 2013

BP adds two drilling rigs in the deepwater Gulf of Mexico

BP today announced it has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a company record nine rigs as it continues to develop its strong portfolio of assets in the key U.S. offshore basin. One of the rigs is a new ultra-deepwater drillship known as the West Auriga that is under long-term contract .... [+ read more] to BP from Seadrill Ltd, a leading international offshore drilling contractor. The vessel, capable of operating in up to 12,000 feet of water, has begun development drilling work at BP’s Thunder Horse field. The other is a reconstructed drilling rig on BP’s Mad Dog oil and gas production platform. It replaces the original rig on the platform that was badly damaged and left inoperable by Hurricane Ike in 2008. With the new, state-of-the art rig, the platform recently resumed development drilling at the massive Mad Dog field complex. “The addition of these two new rigs reflects the vital importance of the deepwater Gulf of Mexico to the future of BP,” said Richard Morrison, Regional President of BP’s Gulf of Mexico business. “It also clearly demonstrates BP’s commitment to the American economy and U.S. energy security.” BP currently anticipates investing on average at least $4 billion in the Gulf of Mexico each year for the next decade. The company plans to concentrate future activity and investment in the Gulf on growth opportunities around its four major operated production hubs – Thunder Horse, Na Kika, Atlantis and Mad Dog – and three non-operated production hubs – Mars, Ursa and Great White – in the deepwater, as well as on significant exploration and appraisal opportunities in the Paleogene and elsewhere. BP is also advancing a strong pipeline of future development projects in the deepwater Gulf. In April, the company started up the Atlantis North expansion, the first of seven additional wells to be tied back to the existing Atlantis platform. At Na Kika, another field expansion is planned, following the successful startup last year of the Galapagos development, a subsea tieback to the Na Kika production facility. BP is also pursuing plans for a second phase of the Mad Dog field.

15 Nov 2013

Seadrill agrees to purchase 'Prospector 3' jackup

Seadrill Limited has entered into an agreement with Prospector Offshore Drilling to purchase the company’s currently under construction ‘Prospector 3’ jackup rig. Seadrill has agreed to pay US$235 million for the Friede & Goldman JU-2000E designed drilling unit, which is due for delivery Dalian Shipbuilding Industry Offshore (DSIC) in Q1 2014. In order to be complete the deal requires the approval .... [+ read more] of DSIC and prospector has set a closing date of the 28th November 2013 for completion of the deal. The sale of the ‘Prospector 3’ is the third sale of an under construction jackup rig agreed by Prospector Offshore in the past year. The company previously sold the ‘Prospector 2’ and ‘Prospector 4’ units to Perforadora Mexico (PEMSA) in December 2012 and February 2013 respectively.

14 Nov 2013

Pertamina extends contract for 'KS Java Star'

Pertamina Drilling Services Indonesia has notified KS Drilling Pte Ltd (KS Drilling) of its intention to exercise the 1 year option in its current drilling contract for the ‘KS Java Star’ jackup rig. The yearlong option is part of the contract agreed upon by Pertamina and KS Drilling on the 24th August 2012 and means that the ‘KS Java Star’ rig .... [+ read more] will now be drilling on the West Madura oilfield in Indonesia until January 2015. The contract extension is valued at US$41 million.

11 Nov 2013

'Transocean Barents' drills dry well on Gjoa field for GDF Suez

GDF SUEZ E&P Norge, operator of production licence 153, has completed the drilling of wildcat well 35/9-9. The well was drilled about 8 km west of the Gjøa field in the North Sea. The well is dry. The primary exploration target for the well was to prove petroleum in reservoir rocks in the Upper Jurassic (the Viking group). The secondary exploration .... [+ read more] target was to prove petroleum in reservoir rocks from the Middle Jurassic Age (the Brent group). The well encountered reservoir rocks in the Viking and Brent group with reservoir quality as expected. The well is classified as dry, with traces of petroleum. Data acquisition and sampling have been carried out. This is the ninth exploration well in production licence 153. The licence was awarded in the 12th licensing round in 1988. 35/9-9 was drilled to a vertical depth of 3298 metres below the sea surface, and was terminated in Triassic rocks. Water depth at the site is 360 metres. The well will now be permanently plugged and abandoned. Well 35/9-9 was drilled by the Transocean Barents drilling facility, which will now proceed to production licence 551 in the North Sea to drill wildcat well 31/3-4, where Tullow Oil Norge AS is the operator.

11 Nov 2013

Statoil completes double oil strike with 6407/8-6 and 6407/8-6 A wells

Statoil Petroleum AS, operator of production licence 348 B, is in the process of completing the drilling of wildcat wells 6407/8-6 and 6407/8-6 A. The wells proved oil. The wells were drilled about 4 kilometres west of the Hyme field and 15 kilometres northeast of the Njord field in the Norwegian Sea. The objective of well 6407/8-6 was to prove .... [+ read more] petroleum in Lower Jurassic reservoir rocks (the Åre formation). The well encountered the Åre formation, with reservoir rocks and reservoir quality that were poorer than expected; the reservoir is aquiferous. However, a 40-metre gross oil column was encountered in the Ile formation (Middle Jurassic) and an approx. 130-metre gross oil column in the Tilje formation (Lower Jurassic). In addition, a 21-metre gross oil column was encountered in reservoir rocks from the Triassic (most likely “Grey Beds”), further dating will clarify this. The primary exploration target for well 6407/8-6 A was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje formation). The secondary exploration target was to prove petroleum in Middle and Lower Jurassic reservoir rocks (the Ile and Åre formations). A 43-metre gross oil column was encountered in the Tilje formation with reservoir quality as expected, as well as a 75-metre gross oil column in the Ile formation with reservoir quality as expected. In addition, a six-metre gross oil column was encountered in the Melke formation (Middle to Upper Jurassic). No petroleum was proven in “Grey Beds”. Preliminary estimates place the size of the discovery between 9 and 16 million Sm3 recoverable oil equivalents. The well was not formation-tested, but extensive data acquisition and sampling have been carried out. The licensees in production licence 348 B will consider tying the discovery to the Njord field, either directly or via the Hyme field. These wells are the first exploration wells in production licence 348 B. The licence was awarded in APA 2010. Wells 6407/8-6 and 6407/8-6 A were drilled to respective vertical depths of 3420 and 3537 metres below the sea surface, and both were terminated in the Upper Triassic (“Grey Beds”). Water depth at the site is 282 metres. The wells will now be permanently plugged and abandoned. Wells 6407/8-6 and 6407/8-6 A were drilled by the Songa Trym drilling facility, which will now proceed to production licence 248 in the North Sea to drill wildcat well 35/11-16, where Statoil Petroleum AS is the operator.

8 Nov 2013

Eurasia Drilling Company takes delivery of newbuild 'Neptune' jackup

Lamprell announced that the shipyard has successfully delivered the first of two newbuild Caspian Sea focused jackup rigs to Eurasia Drilling Company (EDC). The ‘Neptune’ jackup has been built to LeTourneau’s Super 116-E (Enhanced) jackup design and after undergoing initial fabrication at Lamprell’s Hamriyah shipyard in the United Arab Emirates (UAE), the unit’s modules were transferred to the Astrakhan yard in .... [+ read more] Kazakhstan, where the unit underwent final completion. The ‘Neptune’ will now mobilise to Turkmenistan where EDC won a drilling contract with Dragon Oil.

8 Nov 2013

Statoil set to use 'West Hercules' semisub to drill PL 532 wildcat well

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7220/4-1, cf. Section 8 of the Resource Management Regulations. Well 7220/4-1 will be drilled from the West Hercules drilling facility at position 72 35` 19,60" north and 20 14´ 06,30" east. The drilling programme for well 7220/4-1 concerns drilling of a .... [+ read more] wildcat well in production licence 532. Statoil Petroleum AS is the operator with an ownership interest of 50 per cent. The other licensees are Eni Norge AS with 30 per cent and Petoro AS with 20 per cent. The production licence consists of blocks 7219/9, 7220/4, 7220/5, 7220/7 and 7220/8. The licence was awarded in the 20th licencing round in 2009. Wildcat well 7220/4-1 is the sixth exploration well in production licence 532. The permit is contingent upon the operator securing the other permits and consents required by the authorities prior to starting drilling activity.

8 Nov 2013

Faroe Petroleum sublets 'West Navigator' drillship to drill Novus prospect

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 6507/10-2 S, cf. Section 8 of the Resource Management Regulations. Well 6507/10-2 S will be drilled from the West Navigator drilling facility at position 65°12'48.46'' north and 7°16'59.03'' east. The drilling programme for well 6507/10-2 S concerns drilling of a wildcat well in production licence .... [+ read more] 645. Faroe Petroleum Norge AS is the operator with an ownership interest of 50 per cent. The other licensees are Centrica Resources (Norge) AS (40 per cent), Skagen44 AS (5 per cent) and Concedo ASA (5 per cent). The area in this licence consists of parts of blocks 6507/7 and 6507/10. The well will be drilled approx. 14 kilometres south of Heidrun. Production licence 645 was awarded on 3 February 2012 (APA 2011). This is the first well to be drilled in the licence. The permit is contingent upon the operator securing all other permits and consents required by the authorities prior to commencing the drilling activity.

7 Nov 2013

Hercules offshore secures rig management agreement with Perisai

Hercules Offshore and Perisai Petroleum Teknologi Bhd (Perisai) have announced that the two companies have entered into an agreement for Hercules to act as the operations and maintenance manager of Perisai’s two newbuild jackup rigs. The rigs (‘Perisai Pacific 101’ and ‘Perisai Pacific 102’) are both currently under construction at SembCorp Marine’s PPL shipyard in Singapore and are due for delivery .... [+ read more] in 2014 and 2015 respectively. Upon delivery of the units from the shipyard, Hercules will be responsible for the marketing, administration and negotiation of rig contracts for both units for which Hercules will receive a US$4,000 daily management fee. Hercules also has the right to first refusal on purchasing the rigs.

7 Nov 2013

Lundin Norway AS, in process of completing successful Johan Sverdrup 16/3-7 apprasial well

Lundin Norway AS, operator of production licence 501, is in the process of completing the drilling of appraisal well 16/3-7 on the 16/2-6 Johan Sverdrup oil discovery in the North Sea. The discovery was proven in Jurassic reservoir rocks in production licence 501 in the autumn of 2010. Appraisal well 16/3-7 was drilled on the southeast flank of the discovery, about .... [+ read more] 3.1 kilometres southeast of well 16/3-5 and about 4.2 kilometres southwest of well 16/3-2. The objective of the well was to investigate the thickness, properties, oil column and depth of the Jurassic reservoir, in order to define the extent of the Johan Sverdrup discovery toward the southeast. The objective also included investigating the reservoir properties of the sandstone rocks in the underlying Rotliegend group in the Permian. The licensees consider the area to be important for the discovery’s drainage strategy as regards water support, as well as the placement of injectors and producers. The well encountered oil at the very top of the reservoir, which consists of a 14-metre zone, most likely from the Upper Jurassic Age, with very good reservoir quality. The total thickness of the entire Jurassic interval is 27 metres. The Jurassic reservoir sandstone rocks are somewhat thinner and were encountered deeper than expected. Permian carbonate rocks were encountered directly under the Jurassic reservoir. The carbonate reservoir belongs to the Zechstein group, has a thickness of 36 metres and has moderate to good reservoir properties. These carbonate rocks were not expected in the well and are located directly above the rocks belonging to the Rotliegend group. Pressure measurements indicate continuous communication in the water zone above the Jurassic and the Zechstein group’s rocks. Extensive data collection and sampling have been carried out. Well 16/3-7 is the 17th exploration well drilled in production licence 501. The licence was awarded on 23 January 2009 in APA 2008. Appraisal well 16/3-7 was drilled to a vertical depth of 2075 metres below the sea surface and was terminated in Permian rocks. The well will be permanently plugged and abandoned. Water depth is 117 metres. The well was drilled by the Bredford Dolphin drilling facility, which will now move on to drill appraisal well 16/5-5 in production licence 410, where Lundin Norway AS is the operator.

6 Nov 2013

Transocean places order for five newbuild jackup rigs

In a bid to re-establish its position in the shallow water drilling market, whilst also continuing with its recent high-specification asset strategy, Transocean has placed an order for five newbuild jackup rigs at Keppel FELS shipyard in Singapore. The five rigs will be built to Keppel’s Super B class jackup design and are scheduled for delivery between Q1 2016 and Q3 .... [+ read more] 2017, with a total order price of US$1.1 billion. Additionally, each of the five rig orders comes with an option for an additional jackup order, the first of which must be placed within one year. All five of the newbuild jackups are all being built to the same design as the three high-specification jackups Transocean received from Keppel during 2013 (‘Transocean Ao Thai’, ‘Transocean Andaman’ and ‘Transocean Siam Driller’), all of which are currently operating in Thailand.

6 Nov 2013

Lamprell successfully delivers 'Jindal Star' jackup

Jindal Drilling today received the first of three newbuild jackup rigs the company has ordered for delivery up to 2015. The ‘Jindal Star’ jackup was delivered to Jindal from Lamprell’s shipyard in the United Arab Emirates (UAE) and is now Enroute to India to undertake a drilling contract with ONGC. The unit has been built to LeTourenau’s Super 116-E (Enhanced) jackup .... [+ read more] design. The delivery of the ‘Jindal Star’ increases Jindal’s owned jackup fleet to 3 units, with all units currently contracted to ONGC for drilling operations in India.

4 Nov 2013

Viking Offshore & Marine order newbuild jackup to mark entry into offshore rig market

Viking Offshore & Marine Ltd, a Singapore based offshore contractor has announced its intention to enter the offshore drilling rig market by placing an order for a newbuild jackup rig at China Merchant Heavy Industries (CMHI) shipyard in Shenzen, China. The newbuild order is for a Gusto MSC CJ46-X-100-D designed jackup rig, which is expected to cost a total of US$180 .... [+ read more] million to construct with delivery due in early 2016. Viking has teamed up with Chan Kwan Bian and Tan Boy Tee in order to bring some rig building knowledge to the project as the two individuals were previously the co-founders of Labroy Marine which they sold to Dubai Drydocks World in 2008. Viking plans to charter the unit to some of its existing clients in South East Asia upon delivery or alternatively could look to resell the unit.

4 Nov 2013

Galoc Phase II rig demobilisation and commencement of offshore subsea installation

During the period from 0600 hours (AWST) on 21st October 2013 to 0600 hours (AWST) on 4th November 2013, the Galoc-6H well was secured and the drilling rig Ocean Patriot pulled anchors, demobilised to Singapore and is now off-hire. This marks the successful completion of all drilling activities of the Phase II development. The construction vessel arrived in the Galoc field .... [+ read more] area on 1st November 2013 and has commenced installation activities to connect the Galoc-5H and Galoc-6H wells into the FPSO Rubicon Intrepid. It is expected that these offshore installation activities will be completed before the end of November 2013 resulting in the first oil being produced from the FPSO Rubicon Intrepid. A further update will be provided upon the completion of the installation and commissioning activities in the field.

31 Oct 2013

COSL signs contracts for three newbuild drilling units

China Oilfield Services Limited (COSL) has announced that it has signed contracts for the construction of three new drilling units and when constructed will boost the operators rig fleet to over 40 drilling rigs. COSL signed contracts with two separate shipyards in China for the delivery of the units, which consist of two jackup rigs (‘HYSY943’ and ‘HYSY944’) and a single .... [+ read more] semisubmersible unit (‘HYSY982’). Dalian Shipbuilding Industry Offshore Co Ltd (DSIC Offshore) will construct the ‘Hai Yang Shi You 982’ semisub and the ‘Hai Yang Shi You 943’ jackup which are due for delivery in August 2016 and September 2015 respectively. Whilst the additional ‘Hai Yang Shi You 944’ jackup rig is to be constructed by China Merchants Heavy Industry (Shenzen) at the company’s yard on Mazou Island with delivery expected to be in October 2015.

30 Oct 2013

'Ocean Vanguard' set to drill 25/9-4 exploration well for Statoil on PL 628

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 25/9-4, cf. Section 8 of the Resource Management Regulations. Well 25/9-4 will be drilled from the Ocean Vanguard drilling facility at position 59°25’24.4” north and 2°47’15.0” east. The drilling programme for well 25/9-4 relates to drilling of a wildcat well in production licence 628. Statoil .... [+ read more] Petroleum AS is the operator with a 50 per cent ownership interest. The other licensees are Petoro AS with 20 per cent, Repsol Exploration Norge AS med 20 per cent and Petrolia Norway AS med 10 per cent. The area in this licence comprises parts of blocks 25/6, 25/9, 26/4 and 26/7 in the central part of the North Sea. Production licence 628 was awarded on 3 February 2012 (APA 2011). This is the first exploration well to be drilled in the licence, and the second within the licence area. Wildcat well 26/4-1 was drilled with BP as operator in 1987. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing the drilling activities.

30 Oct 2013

Rigmar awarded multi million pound contract with Transocean

Following a competitive tender, oil giant Transocean, has awarded Rigmar with a multi million pound shipyard services contract to complete works on the Galaxy II. Under this contract, Rigmar – an international single source provider of support services – will draw on the experience of its engineering and design, access, blasting and painting, construction, fabrication, resource management and inspection divisions. .... [+ read more] The project is expected to last approximately 68 days and will take place at Rigmar’s fabrication facility in Dundee. Robert Dalziel, Managing Director of Rigmar, said this contract is the largest of its size secured by the rig repair division: ‘To secure a contract of this magnitude with a respected company such as Transocean, demonstrates our growing reputation within the industry for delivering the highest standard of service. ‘Over the past 24 months, Rigmar has invested significantly in our offering to ensure we are well placed to meet the needs of this rapidly growing market and further demonstrate our commitment to develop our business in Tayside. ‘Through the acquisition of Riverside Engineering – recently rebranded Rigmar Fabrication – we have strengthened our position within the subsea, onshore IRM, offshore IRM and renewable industry.

29 Oct 2013

OMV drills dry well northeast of Johan Castberg with 'Leiv Eiriksson' semisub

Dry well northeast of the gas/oil discovery 7220/8-1 Johan Castberg in the Barents Sea – 7324/7-1 S. OMV (Norway) AS, operator of production licence 537, is in the process of completing the drilling of wildcat well 7324/7-1 S. The well has been drilled about five kilometres northwest of the oil discovery 7324/8-1 ("Wisting Central") and about 170 kilometres northeast of the .... [+ read more] gas/oil discovery 7220/8-1 Johan Castberg. The well's primary exploration target was to prove petroleum in Middle Triassic reservoir rocks (the Kobbe formation). The secondary exploration target was to prove petroleum in reservoir rocks from the Middle to Late Triassic (the Snadd formation). Reservoir rocks were encountered in the Kobbe and Snadd formations, but with poorer than expected reservoir properties. The well was classified as dry, with traces of petroleum. Data acquisition and sampling have been carried out. This is the second exploration well in production licence 537. The production licence was awarded in the 20th licensing round in 2009. The well was drilled to a vertical depth of 2454 metres below the sea surface and was terminated in The Kobbe formation in rocks from the Middle Triassic age. Sea depth is 413 metres. The well will now be permanently plugged and abandoned. Well 7324/7-1 was drilled with the Leiv Eiriksson drilling facility, which will now proceed to production licence 040 in the North Sea to drill well 30/40-D, where Total E&P Norge AS is the operator.

29 Oct 2013

'Nanhai IX' begins South China Sea operations for CNOOC

China Oilfield Services Limited (COSL) has announced that the drilling rig operator’s newly restored semisubmersible unit the ‘Nanhai IX’, has commenced operations for CNOOC Ltd in the South China Sea. The unit underwent 53 days of restorative maintenance in a Chinese shipyard after being moved to the country from Malaysia, following COSL’s purchase of the unit from Transocean in August 2013. .... [+ read more] The ‘Nanhai IX’ is capable of drilling in 5,300 feet of water down to a maximum depth of 25,000 feet and the addition of the unit to COSL’s fleet fits in with the operator’s current strategy of expanding the number of floating rigs it has for drilling operations in the South China Sea.

28 Oct 2013

Cairn starts drilling operations offshore Morocco

Cairn is pleased to announce it has entered into a farm-in agreement with Kosmos Energy and the Moroccan National Oil Company (ONHYM) for a 20% non-operated interest in an exploration block offshore North West Africa which is scheduled for drilling in H2 2014. The farm-in to the Cap Boujdour exploration permit enables Cairn to access frontier acreage with transformational potential and .... [+ read more] containing a range of exploration play types. In the event of success, the area has significant follow-up potential. The permit is ~50 kilometres (km) offshore Morocco, covering an area of 27,700km2 in the Aaiun Basin in water depths of 1,000 - 3,000 metres (m). The permit is covered by a regional 2D grid and 2,000 km2 3D seismic surveys. Kosmos has identified three prospects within the 3D area with the largest of these, Gargaa located at ~2,135m water depth. Under the terms of the farm-in agreement, which is subject to Morocco Government approval, Cairn will pay a promoted share of future exploration costs, towards a 3D seismic survey, an exploration well planned for 2014 and, if successful, two appraisal wells, all subject to a maximum expenditure cap. Cairn also announces that it has now commenced drilling operations on the FD-I wildcat exploration well on the F prospect offshore Morocco using the Cajun Express, a fifth generation semi-submersible drilling unit. The FD-I exploration well is located in 1,500m of water approximately 120km offshore Morocco in the Foum Draa block (Cairn 50% Working Interest (WI) and Operator). The well has a planned Total Depth of 5,500m True Vertical Depth Sub Sea (TVDSS) and operations are anticipated to take approximately 60 days. This well is the first in a planned multi-well exploration sequence and once operations are completed on FD-1 the rig will move to the Cap Juby location in Morocco to drill an exploration well targeting Middle Jurassic carbonates, subject to necessary approvals. Cairn, through its wholly owned subsidiary Capricorn Exploration and Development Limited, partners in the project with ONHYM, San Leon Energy, Serica Energy plc and Longreach Oil & Gas Ltd.

25 Oct 2013

Wintershall Norge AS completes drilling of wildcat wells in Central North Sea

Wintershall Norge AS, operator of production licence 457, has completed drilling of wildcat wells 16/1-19 S and 16/1-20 A. Wells 16/1-19 S and 16/1-20 A were drilled about two and a half kilometres east of appraisal wells 16/1-16 and 16/1-16 A at the Ivar Aasen field, and about three kilometres north of the Edvard Grieg field in the central part of .... [+ read more] the North Sea. The primary exploration target for wildcat well 16/1-19 S was to prove petroleum in Lower Cretaceous reservoir rocks (the Åsgard formation) in the western part of the Utsira High. The secondary target was to prove petroleum in fractured and/or weathered basement rocks. The well encountered half a metre of tight sandstone/clay stone in the Åsgard formation and fractured basement rocks with oil in the fractures. The reservoir quality is poorer than expected. The well is classified as dry. The primary exploration target for wildcat well 16/1-20 A was to prove petroleum in Middle Jurassic reservoir rocks (the Hugin formation) to delineate a possible extension of the Ivar Aasen field towards the west side of the Utsira High. The secondary target was to prove petroleum in the Upper Triassic (the Skagerrak formation). The well encountered about 600 metres of sandstone with traces of oil in several intervals in the Åsgard, Draupne, Heather and Hugin formations. The reservoir quality is mostly good, as expected. The well is classified as dry. Extensive data acquisition and sampling have been carried out. These are the third and fourth exploration wells in production licence 457. The licence was awarded in APA 2007. The 16/1-19 S and 16/1-20 A wells were drilled to a vertical depth of 1953 and 2531 metres below the sea surface, respectively, and with a total depth of 1964 and 3075 metres below the sea surface, respectively. 16/1-19 S was terminated in basement rocks, while 16/1-20 A was terminated in the Skagerrak formation in the Upper Triassic. The wells have been permanently plugged and abandoned. Water depth is 113 metres. The wells were drilled by the Borgland Dolphin drilling facility, which will proceed to the northern North Sea to carry out well repairs on the Vega field, where Statoil is the operator.

24 Oct 2013

Diamond receives LOI for a jackup and semisub as it announces Q3 2013 results

Diamond Offshore Drilling, the Houston-based rig owner today announced its results for Q3 2013 and although profit for the quarter had significantly decreased in comparison to the previous year, the rig operator announced good news with the announcement that it had received two letters of intent (LOI). Diamond received LOI’s for its ‘Ocean Scepter’ jackup rig that is currently working in .... [+ read more] Mexico for Pemex alongside a further LOI for its ‘Ocean Apex’ semisub which is currently undergoing a major refurbishment project in Singapore. The ‘Ocean Scepter’ LOI is for a 1,136 day contract extension with Pemex at a dayrate of US$158,000 extending the units stay in Mexico until the end of Q1 2017. Meanwhile the ‘Ocean Apex’ received an LOI from an as yet unnamed international oil company to undertake drilling operations in Southeast Asia upon delivery from the yard in Q4 2014.

23 Oct 2013

'Sevan Louisiana' rig delivered from Cosco shipyard in China

The ‘Sevan Louisiana’ drilling rig has been successfully delivered to its drilling manager Sevan Drilling today by the Cosco Quidong Shipyard in China. The ‘Sevan Louisiana’ which was ordered by Sevan back in 2011, will now begin its mobilisation to the USA where the unit has been contracted for a three year drilling contract by LLOG. The unit was built to .... [+ read more] Sevan Drilling’s cylindrical deep water drilling rig design and is expected to enter the shipyard once it reaches the USA to undergo a number of new equipment installations before beginning operations with LLOG towards the end of Q1 2014. The unit is Sevan’s third drilling rig built to the drilling manager’s unique design, with a fourth unit set to be delivered in mid-2014.

23 Oct 2013

GAC rig move brings 'Hercules Triumph' from Sri Lanka to India

GAC Sri Lanka has completed the movement of offshore drilling rig ‘Hercules Triumph’ from the port of Trincomalee to India. The rig, owned by Hercules Offshore, Inc., USA, is now safely anchored at Kakinada, ready to start drilling operations for CAIRN Energy at the RAVVA offshore oil field. GAC Sri Lanka, part of global shipping, logistics and marine services provider GAC .... [+ read more] Group, chartered three anchor-handling tug boats - SCI URJA, SCI Ahimsa and Mahaweli - to off-land the ‘Hercules Triumph’ from heavy-lift vessel Target at Trincomalee Anchorage and worked in close liaison with the Harbour Master and port officials throughout the complex operation. GAC also provided a range of port services including using its own fleet of supply boats for the transfer of crew and other personnel to and from the rig. Further, GAC Sri Lanka supplied provisions, stores, fresh water and bunker fuels to the rig and anchor-handling tugs. As part of its task to oversee the entire project, GAC Sri Lanka was also responsible for domestic air transfers of Hercules Offshore officials to and from the site. After four days of servicing at Trincomalee, the ‘Hercules Triumph’ was then towed by two tugs, the SCI URJA and the SCI Ahimsa, over 700 NM miles to Kakinada, arriving 8 days later. Mr. Preethilal Fernando, Director and CEO of GAC Sri Lanka, says: "GAC has long been a pioneering company in the oil and gas support services industry and this is another milestone in rig operations in Sri Lanka. The Port of Trincomalee is perfectly suited to this type of operation as it can accommodate vessels with a very deep draft, which is critical for off-landing and floating of rigs. "This was a complex operation and we have worked very closely with Hercules Offshore throughout the process, which has been a great success. We are very proud that Hercules Offshore entrusted GAC with the movement of the ‘Hercules Triumph’, which is now in location in the Indian Ocean and ready for operations again." As one of the world's leading shipping, logistics and marine services providers, GAC Group has a strong presence across the oil & gas sectors worldwide, providing a wide range of offshore support services for exploration, construction and production through to decommissioning of rigs, as well as a range of support services including ship supply, bunkering and crew travel services.

22 Oct 2013

PPL shipyard delivers 'fortius' jackup two months ahead of schedule

Integradora De Servicios Petroleros Oro Negro (Oro Negro) the Mexican focused jackup rig owner and manager has taken delivery of the company’s third jackup rig and the first to be constructed at the PPL shipyard in Singapore. The ‘Fortius’ unit was delivered on the 27th September 2013, two months ahead of schedule by the shipyard and the unit began its 45 .... [+ read more] day mobilisation to the Gulf of Mexico in October. Oro Negro’s ‘Fortius’, is a Baker Marine Pacific 400 class jackup and is capable of drilling in water depths of 400ft and down to depths of 30,000ft. Oro Negro has five further jackups on order at PPL’s yard, all of which are being built to the same design as the ‘Fortius’.

22 Oct 2013

Lundin Norway set to spud new exploration well on PL 410 using 'Bredford Dolphin'

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/5-5, cf. Section 8 of the Resource Management Regulations. Well 16/5-5 will be drilled from the Bredford Dolphin drilling facility in position 58°38’25.93’’ north 02°20’54.42’’ east in production licence 410. The drilling programme for well 16/5-5 applies to the drilling of an exploration well in production .... [+ read more] licence 410 in the central part of the North Sea. Lundin Norway AS is the operator with a 70 per cent ownership interest. Statoil Petroleum AS has a 30 per cent ownership interest. The area in this licence consists of a part of block 16/5. The well will be drilled 8.9 kilometres southeast of well 16/4-6 S in production licence 359 and approximately 8.3 kilometres west of well 16/5-1. Production licence 410 was awarded on 16 February 2007 (APA 2006). This is the first well in this licence. The area has been awarded earlier, and well 16/5-1 was drilled in the eastern part of the licence area. It was Elf that drilled this well in 1971, in production licence 007. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

22 Oct 2013

Eni completes drilling of 7016/2-1 well in Barents sea with 'Scarabeo 8' semisub

Eni Norge AS, operator of production licence 529, is about to complete drilling of wildcat well 7016/2-1. The well was drilled in the Barents Sea about 185 kilometres southwest of the Snøhvit field and 160 kilometres northwest of Tromsø. The objective of the well was to prove petroleum in Eocene and Paleocene reservoir rocks (the Sotbakken Group). The well .... [+ read more] did not encounter reservoir rocks in the Sotbakken Group. The well is dry. Data acquisition has been carried out. The well is the first exploration well in production licence 529. The licence was awarded in the 20th licensing round. The well was drilled to a vertical depth of 4025 metres below the sea surface and was terminated in the Upper Palaeocene. Water depth is 1366 metres. This is the first deepwater well in the Barents Sea. The well will now be permanently plugged and abandoned. Well 7016/2-1 was drilled by the Scarabeo 8 drilling facility, which will now proceed to production licence 229 in the Barents Sea to drill production wells on the Goliat field, where Eni Norge AS is the operator.

21 Oct 2013

Ca Ngu-1 exploration well begins drilling offshore Vietnam

KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, is pleased to announce that on 21 October 2013, the Songa Mercur semisubmersible rig began drilling the Ca Ngu-1 exploration well in Block 120 offshore central Vietnam. The Ca Ngu-1 exploration well is planned to reach approximately 1,500 metres total vertical depth subsea and is intended to test .... [+ read more] the Ca Ngu oil and/or gas prospect. Water depth at the Ca Ngu-1 location is approximately 270 metres. “We originally acquired an interest in Block 120 in 2010 and following 2D and 3D seismic acquisition and interpretation, we are excited to be finally drilling Ca Ngu-1, one of several prospects in the contract area. The single well to have been drilled in the current boundaries of Block 120 was in the early 1990s and encountered oil,” said Chris Gibson-Robinson, KrisEnergy’s Director Exploration & Production. Block 120 covers an area of 8,574 sq km overlying the Quang Ngai Graben and the Tri Ton Horst where water depths range from 50 metres to 1,100 metres. The graben connects the Song Hong and Qiongdongnan basins in the north to the Phu Khanh Basin in the south. KrisEnergy holds a 25% working interest in Block 120 and is partnered by Eni Vietnam B.V. as the operator with 50% working interest and Neon Energy (Song Hong) Pty Ltd with 25%.

21 Oct 2013

Premier Oil extend existing contract for Awilco Drilling's 'WilPhoenix' rig

Awilco Drilling, the UK based drilling contractor that operates two semisubmersible rigs in the North Sea has announced the exercising of a contract option by Premier Oil UK for the company’s ‘WilPhoenix’ rig. The 250 day contract option is related to the contract signed between Premier and Awilco for use of the ‘WilPhoenix’ rig on 7th May 2012 and the extension .... [+ read more] means the unit will now be contracted to Premier Oil until the 31st October 2014 at the latest. The extension of the existing contract coincides with the extension of another contract Premier Oil has for the same rig, which was originally intended to be for 70 days but has now been increased to 80 days.

17 Oct 2013

Dalian Developer Ltd look to cancel construction of the 'Dalian Developer' drillship

Dalian Developer Ltd the owner of the under construction 'Dalian Developer' drillship that is currently being constructed at COSCO Corporation’s shipyard in Dalian, China issued a termination notice to cancel the construction of the unit on the 5th August 2013. The reason for the issuing of cancellation is due to the continued delay in delivery of the rig from the shipyard, .... [+ read more] with Dalian Developer Ltd also asking for the return of a US$110 million advance that was paid towards the construction of the rig. The ‘Dalian Developer’ was due to be delivered in late 2013 from the shipyard with a number of potential buyers interested in the unit, however it is now unclear what will happen to the drillship.

16 Oct 2013

'Maersk Giant' jackup rig to be used to spud Butch South West well for Centrica

The Norwegian Petroleum Directorate (NPD) has granted Centrica Energi (Norge) AS a drilling permit for well 8/10-5 S. Well 8/10-5 S will be drilled from the Mærsk Giant drilling facility at position 57°3’32.49’’north and 3°6’46.91”east. The drilling program for well 8/10-5 S relates to drilling of a wildcat well in production licence 405. Centrica Energi (Norge) AS is the operator .... [+ read more] with an ownership interest of 40 per cent. The other licensees are Suncor Energy Norge AS with 30 per cent, Faroe Petroleum Norge AS with 15 per cent and Tullow Oil Norge AS with 15 per cent. Production licence 405 was awarded in APA 2006. The area in this production licence is located in the southern part of the North Sea and consists of parts of blocks 7/9, 7/12, 8/7, 8/8, 8/10 and 8/11. Well 8/10-5 S is the fourth exploration well in this production licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing the drilling activities.

16 Oct 2013

'Maersk Giant jackup' drills dry Brattholmen wildcat well for Repsol in Norway

Repsol Exploration Norge AS, operator of production licence 541, has completed drilling of wildcat well 4/4-1. The well is dry. The well was drilled about 60 kilometres east of the Trym field in the southern part of the North Sea. The objective of the well was to prove petroleum in Upper Paleocene reservoir rocks (the Lista formation). The well encountered .... [+ read more] the Lista formation with reservoir quality as expected. Data acquisition and sampling have been carried out which show that the reservoir rock is water-bearing. The well is classified as dry. 4/4-1 is the first exploration well in production licence 541. The licence was awarded in APA 2009. The well was drilled to a vertical depth of 1969 metres below the sea surface and was terminated in the Tor formation in the Upper Cretaceous. The water depth is 62 metres. The well will now be permanently plugged and abandoned. Well 4/4-1 was drilled by the Maersk Giant drilling facility which will now proceed to production licence 405 in the southern part of the North Sea to drill wildcat well 8/10-5 S, where Centrica Resources (Norge) AS is the operator.

16 Oct 2013

Galoc-5H well successfully tested

During the period from 0600 hours (AWST) on 9th October 2013 to 0600 hours (AWST) on 16th October 2013, the subsea tree installation, well clean-up and flow test operations were successfully completed. The Galoc-5H well has successfully flowed oil to surface from the Galoc Clastic Unit (GCU) with the well flowing at a rate of 6,300 barrels per day (“bopd”) on .... [+ read more] a 64/64” choke setting with a flowing tubing pressure (“FTP”) of ~830 psi. Operations were conducted via the drilling rig “Ocean Patriot” and oil was flared at the location. The initial oil deliverability potential from Galoc-5H under normal field operating conditions is expected to be between 8,000 and 12,000 bopd with final operating rates to be set according to optimum facility and reservoir management constraints. The results from this flow test are in line with the forecast overall field production rate of 12,000 bopd to be delivered once Phase II is brought in to production in late November 2013. The forward plan is to move to Galoc-6H, install the subsea tree and commence clean-up and flow testing prior to releasing the rig.

16 Oct 2013

Camac confirms successful drilling of Oyo-7 well in Nigeria

CAMAC Energy, Inc. (CAMAC) today announced it has been informed by Allied Energy PLC (Allied) of preliminary results from the Oyo-7 well in OML 120 offshore Nigeria. The results exceed internal pre-drill expectations. Oyo-7 commenced drilling operations on September 9th, 2013. Based on logging while drilling (LWD) data, the well encountered gross oil pay of 133 feet (net oil pay of .... [+ read more] 115 feet) and gross gas pay of 103 feet (net gas pay of 93 feet) in the gas cap from the currently producing Pliocene reservoir, with excellent reservoir quality. The top of the reservoir was penetrated at 5,564 feet. The well is currently drilling to the planned total depth of 8,038 feet and is expected to penetrate the deep Miocene secondary objective.

15 Oct 2013

Transocean orders newbuild drillship on award of five year contract from Chevron

Transocean has announced the award of a new five year drilling contract from Chevron with work expected to begin in the USA in Q1 2017 and a contract value of US$1.1 billion. The contract award has led Transocean to order a newbuild drillship from Daewoo Shipbuilding and Marine Engineering’s (DSME) Okpo yard in South Korea. The newbuild drillship is expected to .... [+ read more] be delivered in Q4 2016 at a total cost of US$725 million and upon delivery the unit will mobilise to the USA to begin the contract with Chevron. The newbuild drillship will be the seventh ultra-deepwater rig that Transocean currently has under construction at DSME once construction work begins and the order helps the company’s push towards redefining itself as a high-specification rig contractor.

14 Oct 2013

'Transocean Winner' drills dry well for RWE DEA Norge AS on PL 330 in Norway

RWE DEA Norge AS, operator of production licence 330, has completed the drilling of wildcat well 6608/2-1 S. The well was drilled about 60 kilometres east of the Aasta Hansteen field in the Norwegian Sea. The well's primary exploration target was to prove petroleum in Middle Jurassic reservoir rocks (the Fangst group). The secondary exploration target was to prove petroleum .... [+ read more] in reservoir rocks from the Late Cretaceous (the Shetland group) and the Early Jurassic (the Båt group). The well did not reach the Fangst and Båt groups and no reservoir development was proven in the Shetland group. The well will be classified as dry. Data acquisition and sampling have been carried out. This is the first exploration well in production licence 330. The production licence was awarded in the 18th licensing round in 2004. The well was drilled to a vertical depth of 5574 metres below the sea surface and was terminated in rocks from the Early Cretaceous. Water depth at the site is 303 metres. The well will now be permanently plugged and abandoned. Well 6608/2-1 S was drilled with the Transocean Winner drilling facility, which will now proceed to production licence 203 in the North Sea to complete production wells on the Alvheim field, where Marathon Oil Norge AS is the operator.

11 Oct 2013

Statoil completes drilling of additional Volve field wells using 'Maersk Inspirer' jackup

Statoil Petroleum AS, operator of production licences 046 and 046 BS, has completed the drilling of wells 15/9-F-1 and 15/9-F-1 A on the Volve field, located between the Sleipner West and Sleipner East fields in the central North Sea. The purpose of the wells 15/9-F-1 and 15/9-F-1 A was to determine higher additional resources for the Volve field by proving petroleum .... [+ read more] in Middle Jurassic reservoir rocks (the Hugin formation) in the northwestern part of the field. Well 15/9-F-1 did not encounter the Hugin formation as expected, but the Smith Bank formation in Triassic due to a fault in the rock. A decision was therefore made to drill sidetrack well 15/9-F-1 A. The well encountered the Hugin formation with a reservoir thickness of approx. 47 metres, with poorer than anticipated reservoir quality. The Smith Bank and Hugin formation are aquiferous, and the wells have accordingly been classified as dry. Data was collected in the wells. The licences were awarded in the 3rd licensing round in 1975 production licence 046 and production licence 046 BS. Wells 15/9-1 and 15/9-1 A were drilled to vertical depths of 3275 and 3185 metres below sea level, respectively, with total depths of 3577 and 3627 metres below sea level, respectively. 15/9-F-1 and 15/9-F-1 A were concluded in the Smith Bank formation in Triassic and the Sleipner formation in Middle Jurassic, respectively. The wells have been permanently plugged and abandoned. Water depth at the site is 91 metres. Wells 15/9-F-1 and 15/9-F-1 A were drilled by the drilling and production facility Maersk Inspirer.

11 Oct 2013

Seadrill Ltd sells 'T-16' tender rig to Seadrill Partners LLC

Seadrill Ltd has announced that the company have entered into an agreement with Seadrill Partners LLC for the sale of the ‘T-16’ tender rig. Seadrill Ltd will sell the unit to the recently spun off Seadrill Partners LLC for a total purchase price of US$200 million, US$93 million of which will go towards the outstanding debt associated with the construction of .... [+ read more] the asset. The ‘T-16’ unit has a firm contract with Chevron running until December 2017 having begun working for the operator in September 2013. The sale of the tender rig follows the company’s sale of the majority of its tender rig fleet to SapuraKencana for US$2.9 billion in February 2013.

10 Oct 2013

'West Aquarius' awarded 18 month contract extension

Seadrill’s ‘West Aquarius’ semisub has been awarded an 18 month contract extension by ExxonMobil for continued drilling operations in Eastern Canada. The contract has been awarded on the back of ExxonMobil and Seadrill reaching an agreement over a non-payment of rates for the unit over a 37 day period at the beginning of its current contract. The rigs delivery was delayed .... [+ read more] due to extra time being required to complete modifications and repairs before the operator could receive authorisation from Canadian authorities to begin drilling operations. The contract extension is expected to total US$337 million and means the ‘West Aquarius’ is now contracted through to April 2017.

10 Oct 2013

Petrobras extends contract for 'Noble Dave Beard'

Petrobras has exercised an existing option for Noble Drilling’s ‘Noble Dave Beard’ semisub rig, extending the existing contract by an additional 345 days. The rig which has been operating for Petrobras in Brazil since 2010, will now be working in Brazil until February 2016. The unit is expected to enter a shipyard in early 2014 to undergo a class survey which .... [+ read more] accounts for part of the reason Petrobras has decided to exercise the contract option on the rig.

10 Oct 2013

Maersk names first of four newbuild drillships

Maersk Drilling has named the first of the company’s four newbuild drillships at a naming ceremony at Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. The unit previously referred to as Deepwater Advanced 1 has been officially named the ‘Maersk Viking’ and is due to be delivered in the next couple of months. Once delivered the unit will mobilise to .... [+ read more] the US GoM for its initial contract with ExxonMobil, the contract is for a two year period and is valued at US$610 million including the mobilisation fee. The delivery of the unit will further enhance Maersk Drilling’s position as a deepwater drilling operator with the company due to have a total of four drillships delivered over the next year all of which are being constructed by SHI in South Korea.

10 Oct 2013

Perforadora Central orders another newbuild jackup rig from Keppel AmFELS

Keppel FELS has announced that its American subsidiary Keppel AmFELS won a construction contract from Perforadora Central a Mexican focused drilling company to build a new jackup drilling rig. The unit will be built to Keppel’s proven B Class jackup design with a total construction cost of US$240 million and is the second unit that Perforadora will have currently being constructed .... [+ read more] at yard, following the order of the Coatzacoalcos jackup back in April 2012. The newbuild jackup rig is expected to be delivered in Q4 2015 and once delivered it will be the fifth jackup rig built by AmFels and delivered to Perforadora since 2004.

8 Oct 2013

Atwood Oceanics to sell 'Vicksburg' jackup rig

Atwood Oceanics has announced that the company plans to sell one of its jackup rigs to Gulf Drilling International Ltd. The unit up for sale is the ‘Vicksburg’ jackup rig, which is Atwood’s oldest operational rig having been built originally in 1976. The agreement for the sale of the unit values the rig at US$55.4 million and the sale is expected .... [+ read more] to close once the ‘Vicksburg’ has completed its current contract in Thailand. The sale of the unit falls in line with the strategy being employed by a number of global rig operators who are looking to alter the structure of their fleets towards high-specification modern assets, through newbuild programmes and the divesting of existing units.

7 Oct 2013

Maersk Oil contracts Gulf Drilling Newbuild jackup in Qatar

Gulf Drilling International (GDI) has secured a contract for one of its newbuild jackup rigs the ‘B-341’ (Qatar 2022) which is due to be delivered from Keppel FELS shipyard in Singapore in late 2013. The jackup has been contracted by Maersk Oil Qatar for development drilling work on the Al Shaheen field in Qatar for an initial two year period. The .... [+ read more] contract follows Maersk Oil’s contacting of another of GDI’s jackup rigs earlier in 2013, the ‘Al Jassra’ rig was hired by Maersk on a four year contract. Maersk Oil signed the contract for the ‘B-341’ (Qatar 2022) jackup alongside a three year contract for a newbuild accommodation jackup with the two contracts combining to total US$205 million.

7 Oct 2013

Farmount Fuji Assisted Saipem in Congolese Waters

Fairmount Marine’s multipurpose vessel Fairmount Fuji has assisted Italian contractor Saipem with her operations offshore Congo. Fairmount Fuji has performed several cargo runs between Saipem’s Boscongo yard in Pointe Noire and the offshore Congo moored drilling ship Saipem 10000. Fairmount Fuji also took care of the transport of Saipem crew. Drilling ship Saipem 10000, a 5th generation drilling ship for ultra .... [+ read more] deepwater operations, was moored offshore Congo pending her next assignment. Fairmount Marine was contracted to assist in the crew change and in the transfer of cargo. Fairmount Fuji transported around 150 personnel to and from the ship. Fairmount Fuji is equipped with a spacious 280 square meters deck. This makes her ideal for the transport of goods.

4 Oct 2013

Northern Offshore places order for two jackup rigs from unnamed Chinese yard

Northern Offshore has placed an order for two newbuild jackup rigs for delivery in 2016 at an as yet unnamed Chinese shipyard. Both of the units are being built to Letourneau’s Super 116-E design at a cost of less than US$180 million apiece with two additional construction options also included in the contract. Northern are ordering the units on the back .... [+ read more] of strong global demand for jackup rigs and once the units are delivered they will boost the operator’s jackup fleet to four rigs, following Northern’s decision to sell one of its older jackup rigs the ‘Energy Exerter’ to Ezion Holdings in October 2012.

3 Oct 2013

Eurasia Drilling Company secures three year Caspian Sea contract for newbuild jackups

BKE Shelf a subsidiary of Eurasia Drilling Company (EDC) has been awarded announced a three year drilling contract for operations in the Cheleken Contract Area, offshore Turkmenistan in the Caspian Sea with Dragon Oil. The contract is split into two drilling periods and incorporates the use of both of EDC’s newbuild jackup rigs the ‘Neptune’ and ‘Mercury’ units. The ‘Neptune’ jackup .... [+ read more] will begin the first portion of the contract in Q4 2013 upon delivery from the Kazakhstan yard where the unit is currently based and will drill for a nine month period before coming off contract in Q3 2014. The remaining twenty seven months of the contract are assigned to the ‘Mercury’ jackup which is expected to be delivered from Lamprell in Q4 2014 and the unit will begin working for Dragon Oil upon its delivery from the yard.

3 Oct 2013

Eurasia Drilling Company secures three year Caspian Sea contract for newbuild jackups

BKE Shelf a subsidiary of Eurasia Drilling Company (EDC) has been awarded announced a three year drilling contract for operations in the Cheleken Contract Area, offshore Turkmenistan in the Caspian Sea with Dragon Oil. The contract is split into two drilling periods and incorporates the use of both of EDC’s newbuild jackup rigs the ‘Neptune’ and ‘Mercury’ units. The ‘Neptune’ jackup .... [+ read more] will begin the first portion of the contract in Q4 2013 upon delivery from the Kazakhstan yard where the unit is currently based and will drill for a nine month period before coming off contract in Q3 2014. The remaining twenty seven months of the contract are assigned to the ‘Mercury’ jackup which is expected to be delivered from Lamprell in Q4 2014 and the unit will begin working for Dragon Oil upon its delivery from the yard.

2 Oct 2013

'Transocean Arctic' finds oil whilst drilling 7120/1-3 wildcat well for Lundin Norway AS

Lundin Norway AS, operator of production licence 492, has completed drilling of wildcat well 7120/1-3. The well was drilled about 35 kilometres northwest of the Snøhvit field. The primary exploration target for the well was to prove petroleum in Middle and Early Triassic sandstone rocks (Snadd formation) and in Permian limestone (Røye formation). The secondary exploration target was to prove petroleum .... [+ read more] in Middle Triassic reservoir rocks (Kobbe formation). In the primary exploration target, the well encountered a gross oil column of about 75 metres and a gross gas column of about 25 metres in limestone rocks in the Røye formation. The reservoir quality was better than expected. The reservoir rocks encountered in the Snadd formation are of expected reservoir quality, but the formation was aquiferous. Preliminary calculations of the size of the discovery are between 10 and 23 million standard cubic metres (Sm3) of recoverable oil and between 8 and 15 billion standard cubic metres of recoverable gas. The results confirm for the first time recoverable oil and gas in a Permian play in the Norwegian part of the Barents Sea. Further delineation of the discovery is planned. A successful formation test has been carried out in the Røye formation. The maximum production rate was 683 Sm3 oil and 222300 Sm3 associated gas per flow day through a 44/64 inch nozzle opening. The gas/oil ratio is 190 Sm3/Sm3. This is the first successful test in Permian limestone rocks on the Norwegian shelf. The well is the first exploration well in production licence 492. The licence was awarded in APA 2007. The well was drilled to a vertical depth of 2515 metres below the sea surface, and was terminated in the Røye formation in Permian. Water depth is 342 metres. The well will now be permanently plugged and abandoned. Well 7120/1-3 was drilled by the Transocean Arctic drilling facility which will now proceed to production licence 418 in the North Sea to drill appraisal well 35/9-10 S where Wintershall Norge AS is the operator.

1 Oct 2013

Clearwater re-enters jackup market with order for two newbuild units

Keppel FELS has won a repeat order for the construction of two KFELS B Class jackup rigs in Singapore. The newbuilds have been ordered by Clearwater Capital Partners who previously placed an order with the shipyard for two KFELS Mod V B rigs in December 2010, before selling the units to Standard Drilling. Clearwater’s two newbuild rigs are expected to be .... [+ read more] delivered in Q4 2015 and Q1 2016 for a combined price of US$440 million and are capable of operating in 400ft of water whilst drilling to 30,000ft.

30 Sep 2013

'Bredford Dolphin' completes Johan Sverdrup appraisal well 16/5-4

Lundin Norway AS, operator of production licence 501, is about to complete drilling of appraisal well 16/5-4 on the 16/2-6 Johan Sverdrup oil discovery in the North Sea. The discovery was proven in Jurassic reservoir rocks in production licence 501 in the autumn of 2010. Well 16/5-4 was drilled on the south-western flank of the discovery, about 4.3 kilometres southwest of .... [+ read more] appraisal well 16/5-2 S and about 3.1 kilometres southeast of well 16/5-3 (production licence 502). The objective of the well was to delineate the Johan Sverdrup discovery by examining the thickness, properties and depth of the reservoir, as well as determine the height of the oil column and clarify the oil-water contact in the south-western part. The licensees consider the area to be important with regard to the drainage strategy for the discovery. The reservoir came in somewhat thinner than expected, and is situated most probably on Triassic rocks. The reservoir rocks, most likely Late Jurassic, consist of about six metres of sandstone with very good reservoir quality. The oil/water contact was not encountered. Extensive data acquisition and sampling have been carried out in the well, and a sensor will be installed to observe the pressure development in the reservoir over the next two to five years. This is part of the planning process for an optimal recovery strategy for the discovery. The well is the 16th exploration well in production licence 501. The licence was awarded in APA 2008. Appraisal well 16/5-4 was drilled to a vertical depth of 2075 metres below the sea surface and was terminated in Triassic rocks. The water depth is 108 metres. The well will be permanently plugged and abandoned. The well was drilled by the Bredford Dolphin drilling facility which will now proceed to drill appraisal well 16/3-7 in the southeastern part of the Johan Sverdrup discovery, this too in production licence 501.

30 Sep 2013

LUNDIN PETROLEUM SPUDS THE TORVASTAD EXPLORATION WELL, OFFSHORE NORWAY

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 16/2-20S on PL501 immediately north of the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced. The well is exploring the area north of the well-established Johan Sverdrup .... [+ read more] discovery. Well 16/2-20S is located approximately 7 kilometres north-west of the successful well 16/2-12 confirming oil-filled Jurassic reservoir in the northern part of the Johan Sverdrup discovery (Geitungen) and 3.3 kilometres downdip and north of well 16/2-9S which found a thin reservoir sequence of lesser quality compared to well 16/2-12. Well 16/2-9S is located close to a basement high. Well 16/2-20S investigates the presence, quality and depth of potential Jurassic reservoir sequences north of the Johan Sverdrup discovery. The well is also expected to provide information of any hydrocarbon-system in this area and possible communication with the Johan Sverdrup discovery. The main uncertainty in this area relates to the depth of potential reservoir level, reservoir thickness, as well as the oil water contact. The planned total depth is approximately 2,075 metres below mean sea level and the well will be drilled using the semi-submersible drilling rig Island Innovator. The drilling operation is expected to take approximately 55 days. Lundin Petroleum is the operator of PL501 with 40 percent interest. The partners are Statoil Petroleum AS with 40 percent interest and Maersk Oil Norway with 20 percent interest.

25 Sep 2013

Maersk Drilling orders fourth XL Enhanced jackup rig

Maersk Drilling has placed an order with Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea for a fourth ultra-harsh environment jackup rig named the ‘XL Enhanced 4’. The rig will be built to Gusto MSC’s CJ70-X150MD design, the same as Maersk’s other three XL Enhanced jackup orders which are currently under construction in Singapore at Keppel FELS shipyard. The ‘XL .... [+ read more] Enhanced 4’ is expected to be delivered in mid-2016 at a cost of up to US$650 million with options for two additional units. Maersk has ordered the rig on the back of a five year contract with BP for plug and abandonment work on the operators Valhall field in Norway which will begin once the unit has been successfully delivered from the yard and mobilised to Norway.

24 Sep 2013

Noble Corporation announces plan to create independent standard specification drilling company

Noble Corporation (NYSE: NE) announced today that its Board of Directors has approved a plan to separate a business comprised of many of its standard specification drilling units, resulting in the creation of two separate and highly focused offshore drilling companies. The drilling units that would be owned and operated by the new company comprise most of the standard specification .... [+ read more] drilling units in the Noble fleet, including five drillships, three semisubmersibles, 34 jackups, two submersibles, and one FPSO. The new company would also be responsible for the Hibernia platform operations. Noble will continue to own and operate its high-specification assets with particular operating focus in deepwater and ultra-deepwater markets for drillships and semisubmersibles and harsh environment and high-specification markets for jackups. The plan approved by the Board of Directors involves the separation of the standard specification business through the distribution of the shares of the new company to Noble shareholders in a spin-off that would be tax-free to shareholders. Subject to business, market, regulatory and other considerations, the separation may be preceded by an initial public offering of up to 20 percent of the shares of the new company. Consummation of the transaction is contingent upon the receipt of a tax ruling from the IRS, which Noble expects to receive soon. If Noble proceeds with the IPO as part of the spin-off, Noble expects that the new company would file a registration statement for the IPO with the U.S. Securities and Exchange Commission in late 2013 or early 2014. The transaction is also subject to the approval of Noble's shareholders, which the company anticipates seeking in the second quarter of 2014. Noble anticipates that the spin-off would be completed by the end of 2014. Noble expects that the new company would use the net proceeds from borrowings by the new company (and the IPO if undertaken) to repay to Noble the debt the new company would incur to Noble in order to acquire the standard specification business and assets from Noble. Noble expects that, in turn, it would use such proceeds to repay outstanding indebtedness of Noble and its subsidiaries. The purpose of the separation is to: • separate Noble's existing rig fleet into high specification and deepwater and ultra-deepwater assets, which will remain with Noble, and many standard specification assets, which will comprise the new company's fleet, as set forth in the attachment to this release; • allow each company to have a more focused business and operational strategy; • enhance each company's growth potential and overall valuation of its assets; • provide each company with a greater ability to make business and operational decisions in the best interests of its particular business and to allocate capital and corporate resources with a focus on achieving its strategic priorities; • better utilize the professionalism and skills of Noble's team and culture to deliver excellent service, safety and operational integrity to its customers; • improve each company's ability to attract and retain individuals with the appropriate skill sets as well as to better align compensation and incentives with the performance of these different businesses; and • allow the financial markets and investors to evaluate each company more effectively. David W. Williams, who will remain as Chairman, President and Chief Executive Officer of Noble, said, "The purpose of the separation is for Noble to move forward with our development as a robust high specification and deepwater drilling company through continued execution of newbuilds and fleet enhancements. By separating these two businesses, we believe each company will be able to better leverage the overall value of its fleet by focusing on the drivers of its particular business." There can be no assurance that Noble's proposed plan will lead to an initial public offering or spin-off of the new company or any other transaction, or that if any transaction is pursued, that it will be consummated. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. This announcement is being issued pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended.

23 Sep 2013

Statoil makes gas discovery with drilling of Iskrystall prospect in Norway

Statoil Petroleum AS, operator of production licence 608, is about to complete the drilling of wildcat well 7219/8-2. The well proved gas. The well was drilled about 30 kilometres southwest of 7220/8-1 Johan Castberg in the Barents Sea and about 240 kilometres north of Hammerfest. The objective of the well was to prove petroleum in Middle and Early Jurassic reservoir .... [+ read more] rocks (Stø, Nordmela and Tubåen formations). The well encountered a gross gas column of about 200 metres in the Stø and Nordmela formations, with poorer reservoir quality than expected in both formations at the well position. Preliminary calculations of the size of the discovery are between one and four billion standard cubic metres (Sm3) of recoverable gas. Further delineation of the discovery will be considered. The well was not formation tested, but extensive data acquisition and sampling have been carried out. This is the first exploration well in production licence 608. The licence was awarded in the 21st licensing round in 2011. The well was drilled to a vertical depth of 3382 metres below the sea surface, and was terminated in the Fruholmen formation in the Late Triassic. Water depth is 344 metres. The well will now be permanently plugged and abandoned. Well 7219/8-2 was drilled by the West Hercules drilling facility which will now proceed to production licence 532 in the Barents Sea to drill wildcat well 7220/7-2 S, where Statoil Petroleum AS is the operator.

23 Sep 2013

Statoil set to drill two wells on PL 348 using 'Songa Trym' semisub

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 6407/8-6 and 6407/8-6 A, cf. Section 8 of the Resource Management Regulations. Wells 6407/8-6 and 6407/8-6 A will be drilled from the Songa Trym drilling facility at position 64°21'12.70" north and 07°27'44.48" east after it completes drilling of the wildcat well 6608/10-15 for Statoil in production licence .... [+ read more] 128. The drilling programme for wells 6407/8-6 and 6407/8-6 A relates to the drilling of wildcat wells in production licence 348. Statoil is the operator with an ownership interest of 35 per cent. The other licensees are GDF Suez E&P Norge AS (20 per cent), E.ON E&P Norge AS (17.5 per cent), Core Energy AS (17.5 per cent), Faroe Petroleum Norge AS (7.5 per cent) and VNG Norge AS (2.5 per cent). The area in this licence consists of parts of blocks 6407/8 and 6407/9. The wells will be drilled about four kilometres west of the Hyme field and 16 kilometres northeast of the Njord field. Production licence 348 was awarded on 17 December 2004 (APA 2004 on the Norwegian shelf). These are the seventh and eighth wells to be drilled in the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

20 Sep 2013

Det norske oljeselskap ASA drills dry well at Augunshaug Prospect in PL 542

Det norske oljeselskap ASA, operator of production licence 542, has completed drilling of wildcat well 2/1-15. The well was drilled about 8 kilometres east of the Gyda field in the North Sea. The objective of the well was to prove petroleum in Upper and Middle Jurassic reservoir rocks (Ula and Bryne formations). The well encountered reservoir rocks with poorer reservoir quality .... [+ read more] than expected. Data acquisition and sampling have been carried out which showed that both levels are aquiferous. The well is dry. 2/1-15 is the first exploration well in production licence 542. The licence was awarded in APA 2009. The well was drilled to a vertical depth of 3554 metres below the sea surface and was terminated in Triassic rocks (the Hegre group). Water depth is 70 metres. The well has now been permanently plugged and abandoned. Well 2/1-15 was drilled by the Maersk Giant drilling facility which will now proceed to production licence 541 in the southeastern part of the North Sea to drill wildcat well 4/4-1 where Repsol Exploration Norge AS is the operator.

19 Sep 2013

'Ocean Vanguard' completes dry well in PL 104 for Statoil

Statoil, operator of production licence 104, is in the process of completing the drilling of wildcat well 30/9-25. The well has been drilled about six kilometres south of the Oseberg Sør facility, and about 130 kilometres west of Bergen. The primary exploration target for the well was to prove petroleum in Middle Jurassic reservoir rocks (the Tarbert formation). The secondary exploration .... [+ read more] target was to prove petroleum in Upper Jurassic reservoir rocks (the Draupne and Heather formation). Traces of petroleum were encountered in the Tarbert, Heather and Draupne formations. The well is classified as dry. Extensive data acquisition and sampling have been carried out. This is the 26th exploration well in production licence 104. The licence was awarded in the 9th licensing round in 1985. The well was drilled to a vertical depth of 3220 metres below the sea surface and was terminated in the Ness formation in the Middle Jurassic. Water depth at the site is 100 metres. The well will now be permanently plugged and abandoned. Well 30/9-25 was drilled by the Ocean Vanguard drilling facility, which will now proceed to production licence 272 in the northern North Sea to drill wildcat well 30/11-9 S, where Statoil is the operator.

18 Sep 2013

Spud of Ayutthaya Exploration Well

Salamander Energy plc announces the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, some 7 km northeast of the recent Surin oil discovery. The well will target oil in Miocene sandstones and is estimated to contain mean prospective recoverable resources of 30 MMbo. The .... [+ read more] well will be drilled to approximately 2,350 metres total vertical depth sub-sea using the Atwood Mako jack up rig.

18 Sep 2013

Successful conclusion of the Galoc-5H and Galoc 6-H drilling phase

Otto Energy Limited (“Otto”) (ASX:OEL), as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development project approved in 2012. During the period from 0600 hours (AWST) on 11 September 2013 to 0600 hours (AWST) on 18 September 2013, drilled .... [+ read more] the G-5H well 8½” hole horizontally to a final total depth of 4,497 metres and commenced running the completion liner and assembly. This marks the successful conclusion of the major drilling activities of the Phase II project with remaining drilling rig based operations being for well completions and installation of subsea trees. The G-5H and G-6H wells have been drilled to a combined total of 3,177m through horizontal reservoir section within which a significant 1,645m of net oil pay has been encountered. Data recorded during drilling shows high reservoir permeability in both wells which suggests good production deliverability will be achieved. Well deliverability will be confirmed when the wells are flowed to surface in the coming weeks for the well clean-up operations. Planned upgrades to the FPSO Rubicon Intrepid, which will process the additional Phase II production, have also been successfully completed this week according to schedule. Delivery of subsea equipment and mobilisation of installation vessels are all on schedule to allow final tie-in work to be completed consistent with planned first oil from the G-5H and G-6H wells in November 2013.

12 Sep 2013

Lukoil begins exploration drilling in Sierra Leone

Official events attended by Ernest Bai Koroma, President of the Republic of Sierra Leone, Gennady Gatilov, Deputy Minister of Foreign Affairs of Russia, and Andrey Kuzyaev, President of LUKOIL Overseas, have been held today in Sierra Leone on the occasion of the launch of drilling on the SL-5-11 block in the deepwater shelf of the West Africa. The official launch .... [+ read more] took place at the Eirik Raude drilling rig which started with spudding a deepwater well in the Savannah prospect. The target depth of the wildcat to be drilled within, will exceed 4,700 meters, the water depth at the drilling location is more than 2,000 meters. Eirik Raude is the largest 5th generation self-propelled offshore drilling rig in the world. The rig has a height of 122 m, width of 85 m, deadweight of 52,500 tons and transit speed of 7 knots, crew - 120 people. LUKOIL Overseas, operator of LUKOIL's international upstream projects, has entered into the PSA for exploration and development of block SL-5-11 in June 2011 as an operator with a 49% share. The other project partners are Oranto (30%) and PanAtlantic (21%). Block SL-5-11 covers an area of 4,022 square kilometers on the shelf and continental slope of the Atlantic Ocean with water depth ranging from 100 to 3,300 meters. 2D and 3D seismic data was acquired on 1,500 square kilometers leading to the identification of several prospects. From the geological point of view, the block belongs to the Sierra Leone-Liberia basin where a number of sizable oil discoveries have recently been made. A standard contract for exploration and development of the block was concluded for the term of 30 years. The exploration program for the block includes re-interpretation of historical seismic data, an electric exploration survey and drilling of one exploration well. The current exploration period will expire on December 31, 2013. Obligations of the next exploration period will depend on the drilling results.

12 Sep 2013

Camac Energy spuds Oyo-7 well in Nigeria

CAMAC Energy Inc. (CAMAC) has been informed by Allied Energy PLC (Allied) that drilling operations at the Oyo-7 well commenced on September 9th, 2013 using Transocean's ‘Sedneth 701’ drilling rig. The drilling of the pilot hole to assess shallow hazards around the Oyo-7 location was successfully completed. The rig is being positioned over the actual Oyo-7 location after which drilling .... [+ read more] operations will continue.

11 Sep 2013

'Songa Trym' semisub discovers oil for Statoil at Norne field in PL 128

Statoil Petroleum AS, operator of production licence 128, is about to complete drilling of wildcat well 6608/10-15. The well proved oil. The well was drilled about nine kilometres northeast of the Norne field in the Norwegian Sea. The primary exploration target was to prove petroleum in Early Jurassic reservoir rocks (the Åre formation). The secondary exploration target was to prove .... [+ read more] petroleum in Middle Jurassic reservoir rocks (the Melke formation). The well encountered a 45-metre oil column in the Åre formation and a 45-metre oil column in the Melke formation with reservoir thickness and properties in both levels as expected. Preliminary calculations of the size of the discovery are between one and three million standard cubic metres (Sm3) of recoverable oil. The well was not formation-tested, but data acquisition and sampling have been carried out. Tie-in of the discovery to the Norne field will be considered. This is the 26th exploration well in production licence 128. The licence was awarded in licensing round 10-B in 1986. The well was drilled to a vertical depth of 2005 metres below the sea surface and was terminated in the Åre formation from the Early Jurassic. Water depth is 375 metres. The well will now be permanently plugged and abandoned. Well 6608/10-15 was drilled by the Songa Trym drilling facility, which will now proceed to production licence 348 in the Norwegian Sea to drill wildcat well 6407/8-6 where Statoil Petroleum AS is the operator.

9 Sep 2013

BP discovers gas in the Salamat well in Egypt

BP Egypt today announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP. The well was drilled using the sixth generation semi-submersible rig “Maersk Discoverer”, .... [+ read more] owned by Maersk Drilling, in water depth of 649 metres and reaching a total depth of around 7,000 metres. The wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands in Salamat. Further appraisal will be required to better define the field resources and to evaluate the options for developing the discovery. Mike Daly, Executive Vice President Exploration at BP, commented: “Success with Salamat proves hydrocarbons in the centre of a 50-km long structure. With a hydrocarbon column in excess of 180 metres, the discovery increases our confidence in the materiality of the deep Oligocene play in the East Nile Delta.” Hesham Mekawi, BP Egypt Regional President said: “The Salamat discovery is a great outcome for our first well in this core exploration programme in the East Nile Delta. It shows our commitment to meeting Egypt’s energy needs by exploring the deep potential offshore the Nile Delta. Standalone and tie-back to the nearby Temsah infrastructure development options are currently being evaluated.” The Salamat discovery is located around 75 kilometres north of Damietta city and only 35 kilometres to the North West of the Temsah offshore facilities. BP has 100% equity in the discovery.

9 Sep 2013

HRT announces non-commercial discovery with Moosehead-1

HRT Participações em Petróleo S.A. (HRT) announces that the Moosehead-1 well (2713/16-1) (Moosehead-1), the third offshore well in our exploratory drilling campaign, is a dry hole. This well targeted the Moosehead Prospect, located in Petroleum Exploration License 24 (PEL-24), in the Orange Basin, offshore the Republic of Namibia. The main objective of the Moosehead-1 well was to test the resource potential .... [+ read more] of Barremian-aged carbonate reservoirs, expected to be equivalent to the Brazil and Angola "pre-salt" reservoirs, within a 546 km2 4-way dip closure, mapped on 3D seismic. Extensive formation evaluation was performed to confirm the nature and quality of the carbonate reservoir and source rock intervals, including wireline logs and sidewall core samples. The Moosehead-1 well encountered approximately 100m of carbonates at the primary target. The nature of the reservoir, though further analysis of data collected will be necessary, appears similar to the "pre-salt" reservoirs as predicted. However, porosity was less developed than expected in this location, and is being considered a dry-hole. Wet gas shows were encountered in the section that increased in wetness with depth. At least two potential source rocks were penetrated, including the well-developed Aptian-age source rock. Indications of source rocks in the deeper rift section were also apparent, though not penetrated. Further analysis of the well sampling will greatly help with continuing exploration on the HRT blocks in Namibia. The Moosehead-1 well was located in 1,716m of water depth and was drilled to 4,170m of measured total depth. The well was drilled, wireline logged and P&A, in a total of 47 days, by the ‘Transocean Marianas’ semi-submersible rig. Operational and safety performance was excellent. This completes HRT’s Namibian drilling campaign and the ‘Transocean Marianas’ is available for sublease.

6 Sep 2013

'Leiv Eiriksson' completes drilling of Barents sea wildcat

OMV (Norge) AS, operator of production licence 537, is in the process of completing drilling of wildcat well 7324/8-1. The well proved oil. The discovery was made about 170 kilometres northeast of 7220/8-1 Johan Castberg and about 310 kilometres north of Hammerfest. The objective of the well was to prove petroleum in Middle and Early Jurassic reservoir rocks (upper Realgrunnen .... [+ read more] subgroup). The well encountered a 50-60-metre oil column in the Realgrunnen subgroup with reservoir properties as expected. Preliminary calculations estimate the size of the discovery at between 10-26 million standard cubic metres (Sm3) of recoverable oil. The results confirm oil in the play from the Early and Middle Jurassic Age. The well was not formation-tested, but extensive data acquisition and sampling were carried out. Further delineation of the discovery will be considered. This is the first exploration well drilled in production licence 537, which was awarded in the 20th licencing round in 2009. The well was drilled to a vertical depth of 905 metres below the sea surface and terminated in the Snadd formation from the Late Triassic. Water depth is 373 metres. The well will now be permanently plugged and abandoned. Well 7324/8-1 was drilled by the Leiv Eriksson drilling facility, which will proceed on to drill wildcat well 7324/7-1 on another prospect in the same production licence.

6 Sep 2013

GDF Suez to spud new exploration well on Gjoa field in Norway

The Norwegian Petroleum Directorate has granted GDF Suez E&P Norge AS a drilling permit for well 35/9-9, cf. Section 8 of the Resource Management Regulations. Well 35/9-9 will be drilled from the Transocean Barents drilling facility in position 61°24’12.79” north and 3°56’00.49” east after completing the drilling of wildcat well 6406/9-1 for A/S Norske Shell in production licence 255. The .... [+ read more] drilling program for well 35/9-9 relates to the drilling of a wildcat well in production licence 153. GDF Suez E&P Norge AS is the operator with an ownership interest of 30 per cent. The other licensees are Petoro AS (30 per cent), Wintershall Norge AS (15 per cent), A/S Norske Shell (12 per cent), RWE Dea Norge AS (8 per cent) and Statoil Petroleum AS (5 per cent). The area in this licence consists of parts of blocks 35/9 and 36/7. The well will be drilled about eight kilometres north of the Gjøa field. Production licence 153 was awarded on 8 July 1988 (12th licensing round on the Norwegian shelf). This is the tenth well to be drilled in the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

5 Sep 2013

A/S Norske Shell makes small gas discovery in Norway using 'Transocean Barents' to drill 6406/9-1 wildlcat well

A/S Norske Shell, operator of production licence 255, is about to complete drilling of wildcat well 6406/9-3. The well was drilled about 15 kilometres northwest of the Njord field and 7 kilometres southeast of the 6406/9-1 Linnorm gas discovery, in the southern part of the Norwegian Sea. The primary and secondary exploration targets for the well were to prove petroleum in .... [+ read more] Middle to Lower Jurassic reservoir rocks (Ile, Tofte and Tilje formations). The well encountered the Ile, Tofte and Tilje formations with variable reservoir quality. A thin gas column was encountered in the Ile formation, but the size of the discovery is not commercially interesting. The other reservoir rocks were dense or aquiferous. The well was not formation tested, but data acquisition and sampling have been carried out. 6406/9-3 is the fifth exploration well in production licence 255. The licence was awarded in the 16th licensing round in 2000. The well was drilled to a vertical depth of 5095 metres below the sea surface, and was terminated in the Tilje formation in Lower Jurassic. Water depth is 298 metres. The well will be permanently plugged and abandoned. 6406/9-3 was drilled by the Transocean Barents drilling facility, which will now drill wildcat well 35/9-9 in production licence 153 in the North Sea, where GDF SUEZ E&P Norge AS is the operator.

3 Sep 2013

Natural gas discovery at the Agulha exploration prospect in Mozambique

Galp Energia, a partner in the consortium for the exploration of Area 4 in the Rovuma basin, offshore Mozambique, announces a new discovery at the Agulha exploration prospect. This discovery opens a new exploration play in the Southern part of Area 4. The exploration well Agulha-1 was drilled to assess new exploration targets and to test the hydrocarbon .... [+ read more] potential of geological sequences that are older than the ones drilled in the Mamba complex. The well encountered a substantial net gas pay zone in good quality Paleocene and Cretaceous reservoirs, with in place volumes of 5 to 7 Tcf. Indications of wet gas in the Cretaceous section were particularly encouraging and potentially open a new play type in the region. This will be the object of further evaluation. The exploration well Agulha-1 was drilled in a water depth of 2,492 metres and reached a total depth of 6,203 metres. The well is located approximately 80 kilometres off the Cabo Delgado coast. This was the tenth well drilled back to back in Area 4, where exploration achieved a 100% rate of success. The consortium is now finalising the assessment of the Agulha discovery and is preparing the appraisal strategy. This new exploration play in the Southern part of the block will be further investigated with the drilling of three additional wells foreseen in 2014. Galp Energia holds a stake of 10% in the Area 4 consortium whilst Eni East Africa (Operator) holds 70%, KOGAS holds 10% and ENH holds the remaining 10%.

3 Sep 2013

Pacific Drilling Receives Delivery of Its Ultra-Deepwater Drillship the Pacific Khamsin

Pacific Drilling S.A. (NYSE:PACD) announced today that it has taken delivery of its newest drillship, the Pacific Khamsin. The drillship is scheduled to begin mobilizing tomorrow to Nigeria, where it will commence a two year drilling contract. Pacific Khamsin, which features the most advanced drilling technology in the offshore drilling industry, including dual load path capability and dual drilling fluid systems, .... [+ read more] is capable of operating in water depths of up to 12,000 feet and drilling wells up to 40,000 feet deep.

3 Sep 2013

'Maersk Giant' ready to drill Brattholmen exploration well for Repsol

The Norwegian Petroleum Directorate has granted Repsol Exploration Norge AS a drilling permit for wellbore 4/4-1. Wellbore 4/4-1 will be drilled from the Mærsk Giant drilling facility at position 56°38’8.65’’N and 5°8’11.53”E. The drilling programme for wellbore 4/4-1 relates to drilling of a wildcat well in production licence 541. Repsol Exploration Norge AS is the operator with an ownership interest .... [+ read more] of 50 per cent. The licensees are Edison International Norway Branch with a 35 per cent ownership interest, Skagen44 with 7.5 per cent ownership interest and Concedo ASA with 7.5 per cent ownership interest. Production licence 541 was awarded in 2010 (APA 2009). The area in this production licence is located in the southeastern part of the North Sea and consists of block 4/4, which is on the border with Denmark. Wellbore 4/4-1 is the first exploration well in this production licence. The drilling permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

3 Sep 2013

'Bredford Dolphin' to drill 16/3-7 appraisal well on Johan Sverdrup field

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/3-7, cf. Section 8 of the Resource Management Regulations. Well 16/3-7 will be drilled from the Bredford Dolphin drilling facility at position 58°45’39.65’’ north 02°44’42.53’’ east for Lundin Norway AS in production licence 501. The drilling programme for well 16/3-7 relates to the drilling of an .... [+ read more] appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence consists of parts of blocks 16/2, 3, 5 and 6, which are located in the central part of the North Sea. The well was drilled southeast on Johan Sverdrup, about 3.1 kilometres southeast of well 16/3-5 and approx. 4.2 kilometres southwest of well 16/3-2. Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the 18th well to be drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

29 Aug 2013

Millennium Offshore Services (MOS) completes purchase of jackup rig

Millennium Offshore Services (MOS) a provider of offshore jackup accommodation vessels globally has successfully completed the purchase of Transocean’s ‘Trident IV’ jackup rig which is to be renamed the ‘MOS Frontier’. MOS purchased the jackup rig for an all-in price of US$25 million and plan to turn the rig into an accommodation jackup vessel to target accommodation work in the Middle .... [+ read more] East, Asia-Pacific and North African regions. The ‘Trident IV’ jackup was put up for sale by Transocean in October 2012 and has been idle since completing a contract in Nigeria in 2008. The sale also falls in line with Transocean’s strategy to move the company further towards a purely high-specification asset rig operator.

29 Aug 2013

'Atwood Hunter' awarded new drilling contract in Equatorial Guinea

Atwood Oceanics has announced that the company has been awarded a new drilling contract for its semisubmersible ‘Atwood Hunter’ rig for work in Equatorial Guinea. The contract was awarded to the unit by Guinea Ecuatorial De Petroleos (GEPetrol) and covers drilling operations for three firm wells as well as a single option well. The contract is for a period of ninety .... [+ read more] days at a dayrate of US$515,000 and will begin in direct continuation of the unit’s current contract with Noble Energy which is due to finish in October 2013.

27 Aug 2013

'Island Innovator' receives Acknowledgement of Compliance to operate in Norway

Odfjell Drilling, the manager of the 'Island Innovator' semisub has announced that the unit has received its Acknowledgement of Compliance (AOC) to operate in Norway from the Norwegian Petroleum Authority. The issuing of the AOC, means that the unit is considered to be in compliance with regulatory requirements to drill for oil and gas in offshore Norway. The ‘Island Innovator’ is .... [+ read more] contracted to Lundin Norway AS to possibly drill up to 24 wells in total, with 12 firm wells and options to drill a further 12 additional wells.

27 Aug 2013

New oil discovery offshore Canada

Statoil has made a third discovery of crude oil in the Flemish Pass Basin, offshore Newfoundland. The discovery was made on the Bay du Nord prospect (EL1112), located approximately 500 kilometres northeast of St. John’s, Newfoundland and Labrador, Canada. This discovery is the second discovery for Statoil offshore Newfoundland this year. In June, a discovery was made at the Harpoon .... [+ read more] prospect, which is located approximately 10 kilometres from Bay du Nord. “The success of Bay du Nord is the result of an ambitious and targeted drilling campaign in the Flemish Pass Basin,” says Statoil Exploration executive vice president Tim Dodson. “This discovery is very encouraging.” Dodson explains that as the volumes of both the Bay du Nord and Harpoon wells continue to be evaluated, Statoil is developing a greater understanding of the geology and potential of the basin. “The Flemish Pass Basin is a strategic part of Statoil’s global exploration portfolio. We are now planning to return to the area for further appraisal drilling in the future,” says Dodson. The Bay du Nord and Harpoon wells were drilled by the semi-submersible rig West Aquarius, both in approximately 1,100 metres of water. Bay du Nord is located about 20 kilometres south of Statoil’s Mizzen discovery. The Mizzen discovery, announced in 2010, is estimated to hold between 100-200 million barrels of oil. Statoil is the operator of Bay du Nord and Harpoon with a 65% interest. Husky Energy has a 35% interest.

22 Aug 2013

Wintershall to drill wildcat well on PL 418 using 'Transocean Arctic'

The Norwegian Petroleum Directorate has granted Wintershall a drilling permit for well 35/9-10 S, cf. Section 8 of the Resource Management Regulations. Well 35/9-10 S will be drilled from the Transocean Arctic drilling facility at position 61°15’07.02” north and 3°41’04.10” east for Wintershall Norge AS in production licence 418. The drilling programme for well 35/9-10 S relates to drilling of .... [+ read more] a wildcat well in production licence 418 where Wintershall is the operator with an ownership interest of 35 per cent. The other licensees are Capricorn (20 per cent), Bayerngas (20 per cent), Edison (15 per cent) and RWE Dea (10 per cent). The area in this licence consists of part of block 35/8 and part of block 35/9. The well will be drilled about 16 kilometres southwest of Gjøa and 16 kilometres east of Vega. Production licence 418 was awarded on 16 February 2007 (APA 2006). This is the third well to be drilled in the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

22 Aug 2013

Falcon Energy sells two Gusto MSC CJ46-X100-D jackups to COSL

The Board of Directors of Falcon Energy Group Limited (Falcon) wishes to announce that its indirect subsidiaries, TS Amber Limited and TS Pearl Limited, have entered into two sale and purchase agreements and two novation agreements with COSL Drilling Power Pte Ltd and COSL Drilling Craft Pte Ltd respectively, to novate their rights and obligations under the .... [+ read more] shipbuilding contracts relating to the design, construction and delivery of the two Gusto MSC CJ46-X100 jack-up drilling rigs. The novation fee payable by COSL Drilling Power Pte Ltd to TS Amber Limited and COSL Drilling Craft Pte Ltd to TS Pearl Limited (as the case may be) for the novation of each shipbuilding contract was arrived at on a "willing buyer willing seller" basis. Both TS Amber Limited and TS Pearl Limited are wholly-owned by TS Drilling Pte. Ltd. (TS Drilling), an indirect subsidiary of Falcon. TS Drilling is a 70%-owned subsidiary of FTS Derricks Pte. Ltd., which is 65% owned by the Company and 35% owned by Mr Cai Wenxing (a director of the Company).

20 Aug 2013

EXPLORATION WELL 16/4-7 DRILLED OFFSHORE NORWAY HAS BEEN COMPLETED

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 16/4-7. The well was drilled on PL544 about 14 km northeast of the Sleipner Øst field in the middle part of the Norwegian North Sea. The exploration well 16/4-7, operated by Lundin Norway, was targeting the Biotitt prospect. .... [+ read more] The well encountered no hydrocarbons and is being plugged and abandoned as a dry hole. The primary exploration target of the well was to prove petroleum in Jurassic reservoir rocks. More than 100 m upper Jurassic and Triassic sandstone of excellent reservoir quality was found but was water bearing. The well is the first exploration well in PL544. The license was awarded in APA 2009. The well was drilled to a vertical depth of approximately 2,600 metres below the sea surface, and was terminated in the Skagerrak Formation in the Triassic. Water depth at the site is 91 metres. The well was drilled with the rig Bredford Dolphin. Lundin Norway AS is the operator of PL544 with 40 percent working interest. The partners are Bayerngas Norge AS and Explora Petroleum AS with 30 percent interest each.

20 Aug 2013

'Bredford Dophin' drills dry wildcat well for Lundin Norway AS on PL 544

Lundin Norway AS, operator of production licence 544, has completed drilling of wildcat well 16/4-7. The well was drilled about 0.5 kilometres west of the well 16/4-4 and about 15 kilometres northeast of the Sleipner Øst field in the central part of the North Sea. The objective of the well was to prove petroleum in Jurassic and Triassic reservoir rocks .... [+ read more] (Hugin and Skagerrak formations). The well encountered an approx. 45-metre thick Hugin formation and 50-metre thick Skagerrak formation in Upper Triassic, both with very good reservoir properties. The well is dry. Data acquisition and sampling have been carried out. The well is the first exploration well in production licence 544. The licence was awarded in APA 2009. The well was drilled to a vertical depth of 2600 metres below the sea surface, and was terminated in the Skagerrak formation in Triassic. The water depth is 91 metres. The well has been permanently plugged and abandoned. Well 16/4-7 was drilled by the Bredford Dolhpin drilling facility which will now proceed to the oil discovery 16/2-6 Johan Sverdrup in production licence 501 in the central part of the North Sea to drill appraisal well 16/5-4, where Lundin is the operator.

19 Aug 2013

Statoil discover gas and condensate with Smorbukk North well in Norway

Statoil Petroleum AS, operator for production licence 479, is in the process of completing the drilling of wildcat well 6506/9-3. The well was drilled about 5 km north of the Åsgard field in the Norwegian Sea. The primary exploration goal for the well was to prove petroleum in reservoir rocks of the Middle Jurassic Age (Garn, Ile and Tofte .... [+ read more] formations). The secondary exploration goal was to prove petroleum in Lower Jurassic reservoir rocks (Ror, Tilje and Åre formations). The well encountered a gas/condensate column of about 40 metres in a down-to situation in the Garn formation. In addition, a thin gas/condensate column was encountered in the Ile formation. The reservoir characteristics are good in the Garn formation, while they are somewhat poorer than expected in the Ile formation. A preliminary estimate of the size of the discovery in the Garn formation is between 4 and 7.5 million Sm3 of recoverable oil equivalents. Tie-in of the discovery to the Åsgard field will be considered. The well was not formation-tested, but extensive data acquisition and sampling have been carried out. This is the first exploration well in production licence 479. The licence was awarded on 29 February 2008 in connection with APA 2007. The well was drilled to a vertical depth of 4692 metres below the sea surface and completed in the Åre formation in the Lower Jurassic. The sea depth is 302 metres. The well will be permanently plugged and abandoned. Well 6506/9-3 was drilled from the Transocean Leader drilling facility, which will be going to production licence 050ES in the North Sea to drill wildcat well 34/10-54S, where Statoil Petroleum AS is the operator.

19 Aug 2013

Lundin Norway given granted permit to drill Johan Sverdrup appraisal well 16/5-4 well using 'Bredford Dolphin'

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/5-4, cf. Section 8 of the Resource Management Regulations. Well 16/5-4 will be drilled from the Bredford Dolphin drilling facility at position 58°42’46.92’’ north 02°35’55.71’’ east for Lundin Norway AS in production licence 501. The drilling programme for well 16/5-4 relates to drilling of an .... [+ read more] appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence consists of parts of blocks 16/2, 3, 5 and 6 that are located in the central part of the North Sea. The well was drilled southwest on Johan Sverdrup about 3.1 kilometres southeast of well 16/5-3 and approx. 4.3 kilometres southwest of well 16/5-2 S. Production licence 501 was awarded on 23 January 2009 (APA 2008). This was the seventeenth well drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

15 Aug 2013

'Songa Trym' discovers oil whilst drilling 6507/3-10 wildcat well for Statoil

Statoil Petroleum AS, operator for production licence 159 C, is in the process of completing drilling of the wildcat well 6507/3-10. The well was drilled about 12 km south of the Norne field in the Norwegian Sea. The purpose of the well was to prove petroleum in reservoir rocks of the Middle and Early Jurassic Age (Fangst and Båt group). .... [+ read more] The well encountered a 10-metre net oil column in Middle Jurassic (the Garn formation) with reservoir characteristics as expected. In addition, oil was encountered in a 2-3 metre thin sand layer in the upper part of the Tilje formation. A preliminary estimate of the size of the discovery is under 1 million Sm3 recoverable oil. Analyses will be made of the discovery to assess its commerciality. The well was not formation-tested, but extensive data acquisition and sampling have been carried out. This is the first exploration well in production licence 159 C, which was awarded in February 2008. The well was drilled to a vertical depth of 3430 metres below the surface of the sea and completed in the Åre formation of the Early Jurassic Age. The sea depth is 374 metres. The well will be permanently plugged and abandoned. Well 6507/3-10 was drilled from the Songa Trym drilling facility, which will be going to production licence 128 in the Norwegian Sea to drill wildcat well 6608/10-15, where Statoil Petroleum AS is the operator.

14 Aug 2013

Statoil set to drill two wildcat wells with 'Transocean Leader' semisub

The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbores 34/10-54 S and 34/10-54 A, cf. Section 8 of the Resource Management Regulations. Wellbores 34/10-54 S and 34/10-54 A will be drilled from the Transocean Leader drilling facility at position 61º 07`32.70” N and 02º 18´35.5" E after completion of drilling of the wildcat well 6506/9-3 for .... [+ read more] Statoil ASA in production licence 479. The drilling program for wellbores 34/10-54 S and 34/10-54 A relates to drilling of a wildcat well in production licence 050 ES, Valemon Unit. Statoil ASA is the operator with an ownership interest of 57 per cent. The other licensees are Petero AS (30 per cent) and Centrica Resources (Norge) AS (13 per cent). The area in this permit consists of the block 34/10. Production licence 050 ES was awarded on 11 April 2012 as an addition to the third licensing round. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

14 Aug 2013

Wintershall granted permission to spud 16/1-19 S and 16/1-20 A wells using 'Borgland Dolphin'

The Norwegian Petroleum Directorate has granted Wintershall Norge AS a drilling permit for wells 16/1-19 S and 16/1-20 A, cf. Section 8 of the Resource Management Regulations. Wells 16/1-19 S and 16/1-20 A will be drilled from the Borgland Dolphin drilling facility at position 58°54’24.44” north and 02°18’14.05” east for Wintershall Norge AS in production licence 457. The drilling program .... [+ read more] for wells 16/1-19 S and 16/1-20 A relates to drilling of a wildcat well and an appraisal, respectively, well in production licence 457. Wintershall is the operator with an ownership interest of 40 per cent. The other licensees are E.ON E&P Norge AS, Bridge Energy Norge AS and VNG Norge AS, all with ownership interests of 20 per cent each. The area in this licence consists of parts of block 16/1. The well will be drilled about 2.5 km east of appraisal wells 16/1-16 and 16/1-16 A on the oil discovery 16/1-9 Ivar Aasen in the central part of the North Sea. Production licence 457 was awarded on 29 February 2008 (APA 2007). These are the third and fourth wells to be drilled within the area of the permit. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

12 Aug 2013

Statoil set to drill Cerberus prospect using 'Ocean Vanguard'

The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbore 30/9-25, cf. Section 8 of the Resource Management Regulations. Wellbore 30/9-25 will be drilled from the Ocean Vanguard drilling facility at position 60°20’06.20’’N and 02°47’47.5’’E following completion of the drilling of wildcat well 16/2-18 S for Statoil ASA in production licence 265. The drilling programme for wellbore .... [+ read more] 30/9-25 concerns the drilling of a wildcat well in production licence 104. Statoil ASA is the operator with an ownership interest of 49.3 per cent. The other licensees are Petoro AS (33.6 per cent), Total E&P Norge AS (14.7 per cent) and ConocoPhillips Skandinavia AS (2.4 per cent). The acreage in this permit consists of the blocks 30/9. Production licence 104 was awarded on 1 March 1985 (the ninth licensing round on the Norwegian shelf). The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

12 Aug 2013

'Songa Trym' granted permission to drill Svale Nord prospect for Statoil in PL 128

The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbore 6608/10-15, cf. Section 8 of the Resource Management Regulations. Wellbore 6608/10-15 will be drilled from the drilling facility Songa Trym at position 66°05’20.8”N and 08°16’ 42.5”E, following the completion of the drilling of wildcat well 6507/3-10 for Statoil ASA in production licence 159 C. The drilling programme .... [+ read more] for wellbore 6608/10-15 concerns the drilling of a wildcat well in production licence 128. Statoil ASA is the operator with an ownership interest of 64 per cent. The other licensees are Petoro AS (24.5 per cent) and Eni Norge AS (11.5 per cent). The acreage in this licence consists of the blocks 6608/10 and 11. Production licence 128 was awarded on 28 February 1986 (Licensing round 10-B on the Norwegian shelf). The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

12 Aug 2013

Det Norske set to drill new well on Gyda field in Norway

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for wellbore 2/1-15, cf. Section 8 of the Resource Management Regulations. Well 2/1-15 will be drilled from the Mærsk Giant drilling facility at position 56°52’58.14’’N and 3°12’47.53’’E following completion of the drilling of wildcat well 2/1-16 S for Talisman Energy Norge AS in production licence 299. The .... [+ read more] drilling programme for wellbore 2/1-15 concerns the drilling of a wildcat well in production licence 542. Det norske oljeselskap ASA is the operator with an ownership interest of 60 per cent. The other licensee is Tullow Oil Norge AS (40 per cent). The acreage in this permit consists of parts of blocks 2/1. Production licence 542 was awarded on 19 February 2009 (APA 2010). This is the first well to be drilled in the licence. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

12 Aug 2013

ESSM places double jackup order at Chinese shipyard

ESSM, a private company based in Singapore has placed an order for two Gusto MSC CJ46 jackup rigs from the Shanghai Waigaoqiao Shipyard (SWS). The two jackups are due to be delivered in Q2 and Q3 2016, with steel cutting taking place in March and July 2014 respectively. Both units will be capable of operating in water depths of up to .... [+ read more] 375ft and drilling down to maximum depths of 30,000ft. The construction price for the two jackup rigs was not released.

11 Aug 2013

Cua Lo-1 exploration well begins drilling offshore Vietnam

KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, is pleased to announce that today the Ensco 107 jack-up rig began drilling the Cua Lo-1 exploration well in Block 105-110/04 (“Block 105”) in the Gulf of Tonkin, offshore Vietnam. The Cua Lo-1 exploration well is planned to reach approximately -2,800 metres total vertical depth subsea and is .... [+ read more] intended to test the Cua Lo gas prospect. It is anticipated that drilling will last approximately 42 days. “Cua Lo-1 is the first of two high impact exploration wells offshore Vietnam for us this year and we are excited to be finally drilling this attractive and large prospect. It is important to note that this is a wildcat well and therefore the risks are high, but both Block 105 and our other licence offshore Vetnam, Block 120, contain multiple prospects for future drilling whatever the outcome of these wells,” said Chris Gibson-Robinson, KrisEnergy’s Director Exploration & Production. Block 105 covers an area of 7,192 sq km in the Gulf of Tonkin, overlying the central Song Hong Basin where water depths range from 20 metres to 80 metres. The water depth at the Cua Lo-1 location is 76 metres. KrisEnergy holds a 25% working interest in Block 105 and is partnered by Eni Vietnam B.V. as the operator with 50% working interest and Neon Energy (Song Hong) Pty Ltd with 25%.

7 Aug 2013

Statoil hits oil at Cliffhanger North prospect well in Norway

Statoil Petroleum AS, operator for production licence 265, is in the process of completing the drilling of wildcat well 16/2-18 S. The well has been drilled 9 km west of discovery well 16/2-6 and about 3 km west of appraisal well 16/2-14 in the North Sea. The primary exploration target of the well was to prove petroleum in reservoir rocks .... [+ read more] of Jurassic Age at basement height (Utsirahøgda), and the secondary target was to examine the reservoir properties in weathered/fractured basement. While the well did not encounter reservoir rocks of Jurassic Age, it did encounter a 15 metres oil zone in weathered/fractured granite in the basement. However, no oil-water contact was established. The oil in the basement is not in communication with the Johan Sverdrup discovery. Extensive data acquisition and sampling have been conducted in the upper part of the basement. Mini DST was conducted in weathered/fractured basement and showed that the reservoir had poor production properties. This is the 13th exploration well in production licence 265. The licence was granted in the North Sea Awards 2000. Well 16/2-18 S was drilled to a vertical depth of 1948 metres below the sea surface and was completed in in basement rocks. The sea depth is 112 metres. The well was permanently plugged and abandoned. The well was drilled by the drilling facility Ocean Vanguard, which will now drill wildcat well 30/9-25 in production licence 104 where Statoil Petroleum AS is the operator.

7 Aug 2013

Japan Drilling Company will operate newbuild jackup upon delivery from shipyard

Japan Drilling Company (JDC) has announced that the company will lease the newbuild ‘Hakuryu-12’ jackup rig upon delivery of the unit from the shipyard in 2015. JDC will initially operate the unit for a firm five year period from the rigs owner BOT Lease Co. The newbuild ‘Hakuryu-12’ has similar specifications to JDC’s ‘Hakuryu-10’ jackup rig and should provide JDC with .... [+ read more] additional earnings upon delivery from the shipyard. JDC is already overseeing the construction of the unit at SembCorp Marine's PPL shipyard in Singapore, where the unit is being built to the Baker Marine 400 class design.

6 Aug 2013

Surin Oil Discovery

Salamander Energy plc announces that the G4/50-5 exploration well, has discovered oil in the Surin prospect in the central portion of the Western sub-basin, Block G4/50, Gulf of Thailand. Oil was discovered in good quality Miocene fluvial sandstones in the primary N40 target zone over the interval 1,525 to 1,533 metres TVDSS. Wire-line logs and pressure data confirmed the presence .... [+ read more] of approximately 8 metres of oil pay. Oil samples recovered from the zone indicate a 31 degree API oil and mapping of the Surin fault block indicates between 15 and 20 metres of column height above the location of the well penetration. Further evaluation is required to determine the potential resource volume encountered in the Surin discovery. The well has been plugged and abandoned as an oil discovery. James Menzies, Chief Executive of Salamander, commented: "The discovery of oil in the Surin fault block, a 25 km step out from the Bualuang field, has proven the access to an oil charge in the Western Central sub-basin, which had been identified as a key risk pre-drill. Resource estimates for Surin are being assessed but this is clearly a positive step in de-risking the neighbouring prospects and in understanding the local petroleum system."

6 Aug 2013

HRT spuds Moosehead-1 well in Namibia

HRT Participações em Petróleo S.A. (HRT) announces the spud of the Moosehead-1 well (2713/16-1) (Moosehead-1), the third offshore well in its exploratory drilling campaign. This well is targeting the Moosehead Prospect, located in Petroleum Exploration License 24 (PEL 24), in the Orange Basin, offshore the Republic of Namibia. The Moosehead-1 well is located 197 km southwest of Lüderitz, Namibia, and 100 .... [+ read more] km northwest of the Kudu gas accumulation. Moosehead-1 will test a Cretaceous age, 546 km2 4-way dip closure, mapped on a 3D PSDM seismic data set. The main objective of this well is to test the oil potential of Barremian-aged carbonate reservoirs, expected to be equivalent to the Brazil and Angola "pre-salt" reservoirs. Several source rocks are expected to be penetrated, including the Aptian source rock, which is anticipated to be oil generating according to HRT’s geochemical modeling. Moosehead-1 well is in 1,727m water depth and will be drilled to a projected total depth of 4,100 m by the ‘Transocean Marianas’ semi-submersible rig. The total time estimated to complete the operations is approximately 53 days.

2 Aug 2013

Keppel FELS delivers another premium rig for Mexican customer

Keppel FELS has delivered a KFELS B Class jackup rig, to Constructora y Perforadora LATINA (CP LATINA), a private Mexican company in the energy sector. The rig was named LA SANTA MARIA at a ceremony in Keppel FELS today. Delivered on time and with a perfect safety record, it will be chartered to PEMEX, Mexico's national oil company, for deployment .... [+ read more] in offshore Mexico. LA SANTA MARIA is the first of two high-specification jackup rigs that Keppel FELS is building for CP LATINA. The second rig is on schedule to be delivered in 4Q 2013.

2 Aug 2013

Keppel FELS secures newbuild contract for Mexican market

Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract to build a jackup rig for US$206million from Parden Holding, a company based in Uruguay. Scheduled for delivery in 4Q 2015, the jackup rig is intended for operations in offshore Mexico. It will be built to Keppel's award winning KFELS B Class design .... [+ read more] and customised to Parden Holding's requirements. When completed, it will operate in water depths of up to 400 feet and drill to depths of 30,000 feet with accommodation for up to 150 persons. This contract brings the total number of KFELS B Class jackup rigs ordered for the Mexican market since 2012 to 12. Mr Wong Kok Seng, Managing Director (Offshore) of Keppel O&M and Managing Director of Keppel FELS said, "We are glad to be able to support Parden Holding with their very first high specification jackup rig as they aim to penetrate the offshore oil and gas market in Mexico. It is an affirmation of the KFELS B Class design and our strong shipyard capabilities. When completed in 2015, we would have 66 KFELS B Class rigs in the market." The KFELS B Class design provides maximum uptime with reduced emissions and discharges. For its environmentally-friendly features, it was bestowed the prestigious Engineering Achievement Award from the Institution of Engineers Singapore in 2009. A key element of this design is Keppel's advanced high capacity rack and pinion jacking system, which enables this robust rig to jack up and down securely even in challenging environments. Mr Panaretos Lagos, CEO of Parden Holding said, "Even with the number of new rigs being ordered, we continue to see strong demand for high specification jackup rigs in the Gulf of Mexico as the country looks to increase its production of oil and gas. Having a proven rig like the KFELS B jackup will enable us to seamlessly service the demands of the Mexican offshore drilling industry. In choosing Keppel FELS, we are confident of receiving a high quality rig on time, on budget, and with an excellent safety record." Besides this order, Keppel FELS is also building another eight KFELS B Class rigs for the Mexican market.

1 Aug 2013

'Leiv Eiriksson' semisub completes delineation well on Norvarg discovery in PL 535

Total E&P Norge AS, operator of production licence 535, is about to complete drilling of appraisal well 7225/3-2 on the 7225/3-1 gas discovery (Norvarg discovery). The appraisal well was drilled about 5 km from the discovery well. The discovery was proven in 2011, in reservoir rocks from the Middle Jurassic (Stø formation) and Late and Middle Triassic (Snadd, Kobbe and .... [+ read more] Havert formations). It was drilled about 275 kilometres north of Hammerfest in the Barents Sea. Before well 7225/3-2 was drilled, the operator’s resource estimate for the discovery was between 10 and 50 billion Sm3 of recoverable gas. The exploration target for the well was to delineate the 7225/3-1 gas discovery in reservoir rocks from the Middle Triassic (Kobbe formation). The secondary exploration target was to delineate the discovery in Middle Jurassic reservoir rocks (Stø formation). The well encountered gas in the Kobbe formation and with reservoir rocks of varying quality. The reservoir has better porosity than the 7225/3-1 discovery, but similar permeability and productivity. Reservoir rocks in the Stø formation were aquiferous. Two formation tests have been carried out in the upper and lower part of the reservoir. The maximum production rate was 175 000 Sm3 gas per flow day through a 52/64-inch nozzle opening. Extensive data acquisition and sampling have been carried out. Pressure sensors have been installed to observe the pressure development after the well was terminated. The preliminary assessment of results from the appraisal well indicate a possible reduction in the resource estimates for Norvarg, compared with the original estimates that followed from the discovery well. This is the second exploration well in production licence 535. The licence was awarded in the 20th licensing round in 2009. The appraisal well was drilled to a vertical depth of 2171 metres below the sea surface, and was terminated in the Klappmys formation in the Lower Triassic. Water depth is 383 metres. The well will now be permanently plugged and abandoned. The well was drilled by the "Leiv Eiriksson" drilling facility, which will proceed to production licence 537 in the Barents Sea to drill wildcat well 7324/7-1 S, where OMV Norge AS is the operator.

31 Jul 2013

Norvarg appraisal well results

Ithaca Energy Inc. announces that the appraisal well (7225/3-2) test programme on the Norvarg discovery located in licence PL535 in the Norwegian sector of the Barents Sea has been completed. The appraisal well was drilled approximately 275 km north of the Hammerfest LNG plant on Melkøya, in a water depth of 377 metres, to delineate the Triassic Kobbe Formation of .... [+ read more] the Norvarg gas discovery. Two formation tests were carried out in the upper and lower parts of the Kobbe Formation, with the well flowing at a maximum gross production rate of 175,000 standard cubic metres of gas per day (approximately 6.2 million standard cubic feet per day) on a 52/64-inch choke. Extensive data acquisition, wire line logging, coring and sampling has been carried out. The well has also been completed with down hole gauges capable of transmitting data after abandonment, which will give further information about the extent of the reservoir. The Norvarg appraisal well was drilled to test the eastern segment of the structure and to assess the quality and productivity of the Kobbe reservoir. The results of the appraisal well have confirmed the extensive nature of the Norvarg discovery and the presence of movable gas throughout the Kobbe reservoir, with no water contacts seen. As predicted the quality of the Kobbe reservoir is variable and further analysis is required to confirm the productivity of some of the reservoir intervals. Work will now be undertaken by the partnership to analyse and interpret the acquired data and evaluate the estimated recoverable hydrocarbons on the structure and potential future development options. Moveable gas identified in the deeper levels of the reservoir than those in the exploration well will be taken into account in the evaluation of the potential reserves. The well was drilled to a vertical depth of 2171 metres below sea level and terminated in the Klappmyss Formation in the Early Triassic. The well will now be permanently plugged and abandoned. This is the second well on PL535. The licence was awarded in the 20th Licensing Round in 2009. Well 7225/3-2 was drilled using Ocean's Leiv Eiriksson semi-submersible rig.

31 Jul 2013

Seadrill adds two more jackup orders to growing construction program

Seadrill is adding to the company’s already significant newbuild construction program with the announcement that the company have ordered two further ‘high-specification’ jackup rigs to be constructed at the Dalian shipyard in China. The order comes a month after the company placed a similar order at the shipyard, as it looks to capitalise on the increasing global demand for new ‘high-specification’ .... [+ read more] rigs. Both units are being built to the Friede & Goldman JU-2000E design at a cost of US$230m apiece, with the deliveries due in Q2 and Q3 2016. The deal means that Seadrill now have ten jackups currently on order at the yard, with two due for delivery in 2013, five in 2015 and three in 2016.

29 Jul 2013

Spud of G4/50-5 Exploration Well

Salamander Energy plc announces the spud of the next well in its on-going exploration programme in Block G4/50, Gulf of Thailand. The G4/50-5 exploration well is targeting the Surin prospect, located in the north west of the block in the Western Central sub-basin. G4/50-5 is targeting oil in Miocene sandstones and is estimated to contain mean prospective recoverable resources of .... [+ read more] 16 MMbo with access to hydrocarbon charge being identified as the key risk. Exploration success at Surin would open the play in the Western Central subbasin and de-risk the neighbouring Ayutthaya and Buriram prospects. G4/50-5 will be drilled to approximately 2,125 metres total vertical depth sub-sea using the Atwood Mako jack up rig and is expected to take around 10 days to reach target depth. On completion of the G4/50-5 well the rig will return to the Bravo platform to continue the development drilling campaign on the Bualuang field.

24 Jul 2013

'Hercules 265' jackup is evacuated

The ‘Hercules 265’ mat-supported jackup rig which is currently working for Walter Oil & Gas in the US Gulf of Mexico has been evacuated of all personnel whilst drilling on the South Timbalier 220 block. The unit experienced a well control incident and as such all personnel were transported onshore as the operator attempts to regain control of the natural .... [+ read more] gas well it has been drilling. Walter reported the loss of well control on Tuesday morning at the A-3 well being drilled in 154ft of water, as the well began to flow gas but no oil. Walter and Hercules are both working with responders to ensure the best course of action is taken for the complete shutdown of the well.

23 Jul 2013

LUNDIN PETROLEUM SPUDS EXPLORATION WELL ON THE BIOTITT PROSPECT IN THE UTSIRA HIGH AREA

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that drilling of exploration well 16/4-7 in PL544 has commenced. The well will target the Biotitt prospect, which is located some 35 km south of the Edvard Grieg Field and 46 km southwest of the Johan Sverdrup Field. The main objective of well 16/4-7 is to prove the presence of hydrocarbons .... [+ read more] in Jurassic sandstone reservoirs. Lundin Petroleum estimates the Biotitt prospect to have the potential to contain unrisked, gross, prospective resources of 124 million barrels of oil equivalent (MMboe). The planned total depth is 2,760 metres below mean sea level and the well will be drilled using the drilling rig Bredford Dolphin. Drilling is expected to take approximately 35 days. Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, is the operator and has a 40 percent working interest in PL544. Partners are Bayerngas Norge AS with 30 and Explora Petroleum AS with a 30 percent working interest.

23 Jul 2013

Ocean Rig secures US$1.3 billion contract for 'Ocean Rig Skyros'

Ocean rig has announced that the company has been awarded a six year contract for the newbuild ‘Ocean Rig Skyros’ Samsung designed drillship. The new contract is expected to begin in direct continuation of the units initial five well, 275 day contract that was signed with Total E&P Angola in June 2013. The new letter of award is with an as .... [+ read more] yet unnamed major oil company for drilling operations in West Africa and is worth a total of US$1,300 million. The award of the contract means that all of Ocean Rig’s drillship units are now contracted through the entirety of 2014.

19 Jul 2013

Prospector Offshore is awarded second drilling contract for newbuild jackup fleet

Total E&P UK has contracted a second newbuild rig from the jackup focused Prospector Offshore rig operator. The contract for the under construction ‘Prospector 5’ unit and follows the award of a contract by the same operator for the company’s ‘Prospector 1’ jackup rig that Total made in July 2012. The contract awarded to the ‘Prospector 5’ is for a 1095 .... [+ read more] day drilling campaign with a total value of US$249 million, as well as two un-priced 12 month extension options. The initial contract is due to commence in Q2 or Q3 2014 following delivery of the unit from the yard in China.

19 Jul 2013

HRT comes up dry with Murombe-1 well

HRT Participações em Petróleo S.A. (HRT) through its wholly-owned subsidiary HRT Walvis Petroleum (Proprietary) Ltd. (HRT Walvis), announces that the Murombe-1 (2212/06-1) (Murombe-1), the second offshore well in our exploratory drilling campaign has been concluded and is a dry hole. This well was targeting the Murombe Prospect, located in Petroleum Exploration License 23 ("PEL 23"), in the Walvis Basin, offshore Republic .... [+ read more] of Namibia. The main objective of the well was to test the resource potential of the Murombe (Barremian Age) basin floor fan turbidites that demonstrate a well-defined amplitude anomaly on 3D seismic PSDM. The drilling plan was to penetrate the top Murombe reservoir and reach total depth (TD) below the reservoir at 5,658 meters, run the wireline logs, conduct sidewall core sampling, acquire fluid samples and abandon the well. A secondary target, the Baobab (Santonian Age) confined channel complex, would also be penetrated. The Murombe-1 well penetrated the Baobab objective and it contained 36 meters net sand within a 242 meter interval (15% N/G). The average porosity was 19% and the sands were water wet. The well-developed marine source seen in the Wingat-1 well located 15 kilometers east of Murombe-1 was also present above the deeper Murombe turbidite prospect. Ongoing sample analysis will determine the quality of this source interval. The Murombe objective was penetrated and petrophysical evaluation of wireline logs indicates that interval consists of non-reservoir facies with low porosity. The well reached at Total Depth of 5,729 meters. The wireline evaluation program included a quad combo tool and rotary sidewall cores. The Murombe-1 will be completed, considering wireline logging and P&A activities, in a total of 62 days, by the semi-submersible ‘Transocean Marianas’. The ‘Transocean Marianas’ will move 635 kilometers south to PEL 24 to drill the Moosehead Prospect in the northern Orange Basin after concluding P&A activities at the Murombe-1 location. The Moosehead-1 well will target Barremian carbonates and drill to a total depth of 4,100 meters.

17 Jul 2013

Keppel delivers final AOD jackup rig 'AOD III'

Asia Offshore Drilling (AOD) has received the company’s third and final jackup rig the ‘AOD III’ from Keppel FELS shipyard in Singapore where the unit was constructed. The ‘AOD III’ unit is the final rig of a three unit premium jackup order placed by AOD in October 2010 with Keppel. The unit will now mobilise to the Middle East and undergo .... [+ read more] shipyard modifications before beginning its inaugural drilling contract with Saudi Aramco in Saudi Arabia. All three of the AOD jackup rigs are being managed by Seadrill after the rig operator purchased a controlling stake in the company in April 2013.

15 Jul 2013

Keppel secures fifth jackup order from Gruop R

Keppel FELS has announced that the shipyard group has secured another newbuild jackup contract from repeat Mexican customer Grupo R. The order for the Keppel FELS B Class jackup rig is the fifth jackup order placed by Grupo R at Keppel during 2013, with the cost of the unit expected to be around US$206 million, with delivery anticipated to take place .... [+ read more] during Q4 2015. Upon delivery from the yard the jackup will bring Grupo R’s offshore rig fleet up to eight units, five of which will be newbuild jackups. The company already operates three semisubmersible drilling units all of which are currently drilling for Pemex in Mexico.

15 Jul 2013

Seadrill orders four new drillship units as the company continues to refresh drilling fleet

Seadrill has announced that the company has placed an order for four new ultra-deepwater drillships to be built in South Korea and delivered to the offshore drilling operator in 2015 and 2016. The units are each expected to cost just below US$600 million, with the first delivery scheduled to take place in the second half of 2015. Two of the drillships .... [+ read more] will be built at Daewoo’s yard in South Korea, whilst the other two units will be constructed at Samsung’s yard in the country. Both units are being built to target future development drilling opportunities in the ‘Golden Triangle’ area and will be capable of operating in 12,000ft of water, as well as having the option of being outfitted with 20K BOP systems. The order of the four units brings Seadrill’s newbuild campaign up to 24 units currently under construction as the operator continues to build modern units to meet future demand.

15 Jul 2013

Rayong Exploration Well

Salamander Energy plc announces that the G4/50-4 exploration well, targeting the Rayong prospect in the Kra Central sub-basin, Block G4/40, Gulf of Thailand, has been drilled to a total vertical depth subsea of 1,889 metres. The well encountered a 119 metre section of excellent quality P20 Miocene sandstones, the primary target on depth prognosis. However, following the completion of a .... [+ read more] logging and sampling programme, these sandstones were found to be water-wet. In the deeper Permian carbonate target the well encountered a 34 metre section of Ratburi limestone which was not deemed to be of reservoir quality. The well has been plugged and abandoned and the Atwood Mako rig is now mobilising to drill the Surin prospect in the Western Central sub-basin.

12 Jul 2013

Fairmount Glacier Delivered Falcon 100 to Pointe Noire

Super tug Fairmount Glacier has delivered rig Falcon 100 safely offshore Pointe Noire, Congo. The rig was towed from Rio de Janeiro via the South Atlantic Ocean over a distance of over 3,400 miles. For this job the Fairmount Glacier was mobilized from Trinidad. First the tug towed the Falcon 100 from her drilling location offshore Macae, Brazil, to offshore Rio .... [+ read more] de Janeiro. Then Fairmount Glacier assisted the rig in anchor handling activities. Also the Fairmount Glacier assisted in installing a new ‘bridle’ – the connection between rig and towing line. After arrival in Pointe Noire the Fairmount Glacier assisted in keeping the rig in position during the deployment of her anchors. Also the Fairmount Glacier took over equipment and other cargo from Falcon 100 which was discharged in the port of Pointe Noire.

12 Jul 2013

Petronas exercises one year option for 'Maersk Convincer' jackup

Petronas Carigali has exercised an existing contractual option to extend the contract of the ‘Maersk Convincer’ jackup rig currently operating for the company in Malaysia. The contract extension means that the ‘Maersk Convincer’ will now be working off the coast of Malaysia for Petronas until mid-November 2014, with the unit performing high-pressure-high-temperature and under balanced drilling operations. The value of the .... [+ read more] one year contract extension is US$54 million and means that the unit will have been constantly working for Petronas for a firm period of three years upon completion of the new extension.

12 Jul 2013

Tap Oil releases final starfish-1 well update

Tap Oil Limited (“TAP”) provides the following update of the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana. In the period since 1400 hours (AWST) on 9th July 2013, wireline logging operations were completed and the well is being abandoned ahead of the rig being released. There will be no further weekly reports on the well. Logs have .... [+ read more] confirmed the presence of a gross 230m sandstone interval in the primary target interval although the logs show these to be water wet. The secondary target contained poorly developed sands which were also water-bearing. The Joint Venture will continue to evaluate all data from the well in order to re-assess the overall block prospectivity ahead of the 23 September 2013 election date to enter into Phase 2. This will include further examination of what Tap considers to be possible evidence of residual oil in the secondary and primary targets. Any such evidence may provide further support for an active petroleum system in the block.

12 Jul 2013

'Blackford Dolphin' signed up for second contract in three days

The semisubmersible ‘Blackford Dolphin’ has been awarded its second drilling contract in three days after it was awarded a nine month future contract for drilling activity in the UK. The contract is for a firm period of nine months and is valued at US$115 million with the commencement of the contract expected to come in direct continuation of the previous contract .... [+ read more] signed on the 9th July 2013 with MPX and Capricorn. The operator for this contract has yet to be released, but it means the unit is now fully contracted out through 2014 and for the first quarter of 2015 also.

11 Jul 2013

Seadrill secures Venezuela contract for 'West Freedom' jackup rig

Seadrill has announced that the company has been awarded a new 30 month drilling contract for the ‘West Freedom’ jackup rig. The contract has been signed with Cardon IV Venezuela, a joint venture between Eni and Repsol and is worth an initial US$222 million including US$8.5 million for the mobilisation of the unit to Venezuela, after it finishes its current contract .... [+ read more] in Qatar in September 2013. The contract also includes a 6-month option for the extension of the contract at a rate that is to be mutually agreed upon.

11 Jul 2013

KrisEnergy completes Tayum-1 exploration well offshore Kalimantan, Indonesia

KrisEnergy Ltd (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, announces it has completed drilling of the Tayum-1 exploration well in the Kutai production sharing contract (“PSC”) offshore Kalimantan in the Makassar Strait, Indonesia. KrisEnergy is the operator of the Kutai PSC. Tayum-1, located approximately 8 km east-southeast of the Dambus-1 gas indication well, was drilled directionally .... [+ read more] to a total depth of 11,095 feet measured depth (“feet MD”), or -8,410 feet total vertical depth subsea (“feet TVDSS”). Preliminary well log evaluation indicates that the well encountered approximately 49 vertical feet of net gas pay from multiple sandstone intervals between 2,377 feet MD (-2,295 feet TVDSS) and 7,180 feet MD (-5,903 feet TVDSS) within the Miocene to Pliocene section, from which two gas samples were recovered. Two further gas samples were also recovered from what are interpreted to be shaly-sand gas pay intervals between 6,647 feet MD and 6,660 feet MD (-5,567 to -5,575 feet TVDSS) and 7,366 feet MD to 7,402 feet MD (-6,023 feet TVDSS to -6,046 feet TVDSS). The well has been plugged and abandoned as a gas discovery (by MDT sampling) and the Company is evaluating the results together with the data from two earlier gas discoveries, Dambus and Mangkok. The Randolph Yost jack-up rig, which is owned by Shelf Drilling Co., was released on 10 July 2013. KrisEnergy holds a 54.6% operated working interest in the Kutai PSC and is partnered by Salamander Energy with 23.4% and Orchid Kutai Ltd. with 22%.

10 Jul 2013

EXPLORATION WELL 16/2-18S IN PL265 HAS COMMENCED

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that drilling of exploration well 16/2-18S in PL265 west of Johan Sverdrup has commenced. The well will target the Cliffhanger North prospect, located in the North Sea sector of the Norwegian Continental Shelf (NCS). The well is located in PL265 west of the bounding fault of the Johan Sverdrup discovery and .... [+ read more] north of the previously tested Cliffhanger South segment in PL265. The main objective of the well is to investigate the presence of Jurassic reservoir and the quality of fractured and weathered basement approximately 3.2 km south-west of well 16/2-14 (Espeværhøgda) and 4.9 km north-west of 16/2-17B (Cliffhanger South). The planned total depth is approximately 1,970 metres below mean sea level and the well will be drilled using the semi-submersible rig Ocean Vanguard. Drilling is expected to take approximately 40 days. Statoil Petroleum is the operator of PL265 with 40 percent interest. Partners are Petoro (30%), det norske oljeselskap (20%), and Lundin Norway (10%).

10 Jul 2013

Starfish-1 well reaches TD in Ghana

Tap Oil Limited (“TAP”) provides the following update of the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana. During the period from 1400 hours (AWST) on 2 July 2013 to 1400 hours (AWST) on 9 July 2013, Starfish-1 was drilled to a final total depth of 4,380 metres. Wireline logging operations were undertaken to evaluate the hydrocarbon potential .... [+ read more] of the primary target. The Operator has commenced its preliminary analysis. Tap’s preliminary interpretation of the wireline logs and MDT data is that no movable hydrocarbons have been encountered in the well, based on the current data.

9 Jul 2013

'Blackford Dolphin' contracted for two well drilling campaign in UK and Ireland

Dolphin Drilling a subsidiary of Fred Olsen Energy has announced that the company’s semisubmersible drilling unit the ‘Blackford Dolphin’, has been awarded a two well contract for drilling operations in the UK and Ireland. The unit which is currently coming to the end of a four year stay in Brazil will be mobilised back to the UK for its five year .... [+ read more] class survey, after which it will drill for MPX North Sea before moving onto drilling for Capricorn Ireland (Cairn Energy). The contract is for a firm five month period beginning in Q1 2014 with an estimated value of US$67 million.

9 Jul 2013

DONG Energy contracts 'Maersk Resolve' for further Danish drilling operations

DONG Energy has inked a new deal to contract the ‘Maersk Resolve’ jackup for drilling activities in the Danish North Sea commencing in August 2013 in direct continuation from the units current contract with E.On. DONG Energy has contracted the unit for a period of nine months running until June 2013, with an expected contract value of US$58 million. Upon completion .... [+ read more] of its new nine month contract the ‘Maersk Resolve is due to enter a shipyard for two months, before beginning a two year contract with DONG Energy that was signed in March 2012.

8 Jul 2013

Transocean drillship breaks own record for deepest operational water depth

Transocean and ONGC have announced that the drillship ‘Dhirubhai Deepwater KG1’ has set a new world record for the deepest operational water depth achieved by an offshore drilling rig. The unit which beat the previous record it set in February 2013 spudded a well in 10,411 feet (3,174m) of water while working off the east coast of India. The unit which .... [+ read more] is being sublet by ONGC from Reliance Industries is due to end its four year drilling assignment with ONGC once it has completed the newly spudded well. Upon completion the unit will return to Reliance for the final remaining year of its original five year contract.

8 Jul 2013

Statoil targets new wildcat well in PL 608

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7219/8-2, cf. Section 8 of the Resource Management Regulations. The 7219/8-2 wellbore will be drilled from the West Hercules drilling facility at position 72°19` 17.33" N and 19°35´ 20.61" E. The drilling program for wellbore 7219/8-2 relates to drilling of a wildcat well in production licence .... [+ read more] 608. Statoil Petroleum AS is the operator with an ownership interest of 50 per cent and the other licensees are Eni Norge AS with 30 per cent and Petoro AS with 20 per cent. The production licence consists of block 7219/8. The production licence was awarded in the 21st licensing round in 2011. Wildcat well 7219/8-2 is the first exploration well in production licence 608. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

4 Jul 2013

OMV set to drill 7324/7-1 S wildcat well with 'Leiv Eiriksson' semisub

The Norwegian Petroleum Directorate has granted OMV Norge AS a drilling permit for wellbore 7324/7-1 S, cf. Section 8 of the Resource Management Regulations. The 7324/7-1 S wellbore will be drilled from the Leiv Eriksson drilling facility at position 73°29` 17.73" N and 24°16´ 48.50" E. The drilling program for wellbore 7324/7-1 S concerns the drilling of a wildcat well .... [+ read more] in production licence 537. OMV Norge AS is the operator with an ownership interest of 25% and the other licensees are Idemitsu Petroleum Norge AS with 20%, Petoro AS with 20%, Tullow Oil Norge AS with 20% and Statoil Petroleum AS with 15%. The production licence consists of blocks 7324/7 and 7324/8. The production licence was awarded in the 20th licensing round in 2009. Wildcat well 7324/7-1 S will be the second exploration well in production licence 537. The drilling permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

4 Jul 2013

'Leiv Eiriksson' semisub given approval to drill Wisting prospect for OMV in Norway

The Norwegian Petroleum Directorate has granted OMV Norge AS a drilling permit for wellbore 7324/8-1, cf. Section 8 of the Resource Management Regulations. The 7324/8-1 wellbore will be drilled from the Leiv Eriksson drilling facility at position 73°27` 6.23" N and 24°24´ 15.43" E. The drilling programme for wellbore 7324/8-1 concerns the drilling of a wildcat well in production licence .... [+ read more] 537. OMV Norge AS is the operator with an ownership interest of 25% and the other licensees are Idemitsu Petroleum Norge AS with 20%, Petoro AS with 20%, Tullow Oil Norge AS with 20% and Statoil Petroleum AS with 15%. The production licence consists of blocks 7324/7 and 7324/8. The production licence was awarded in the 20th licensing round in 2009. Wildcat well 7324/8-1 is the first exploration well in production licence 537. The drilling permit is contingent upon the operator securing the other permits and consents required by other authorities prior to commencing the drilling activity.

3 Jul 2013

Saipem Perro Negro 6 Rig sinks

Saipem said that one of the Perro Negro 6s three legs collapsed, causing the rig to suddenly tilt and start taking water. The incident, according to Saipem, occurred during the rig positioning on location between the coasts of Angola and the Democratic Republic of Congo, in approximately 40 meters of water. 6 crew members have sustained minor injuries. At approximately 10:30 .... [+ read more] am CET, the rig, with no personnel on board, capsized and sank.

3 Jul 2013

PV Drilling places new jackup order with Keppel FELS

PV Drilling has placed an order for a new jackup rig at Keppel FELS shipyard in Singapore. The order is for a Keppel FELS B class jackup capable of operating in 400ft of water and drilling down to 30,000ft with delivery by the end of Q1 2015 for a total price of US$210 million. The unit when delivered will be the .... [+ read more] fourth jackup rig operated by PV Drilling as the company looks to increase its exposure to its domestic drilling market in Vietnam. All three of PV Drilling’s existing jackup rigs have been constructed by Keppel and this order could be followed by another later in the year.

3 Jul 2013

Tap Oil releases second starfish-1 drilling update

Tap Oil Limited (“TAP”) provides the following update of the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana. During the period from 1400 hours (AWST) on 25 June 2013 to 1400 hours (AWST) on 2 July 2013 the 17½” (444.5mm) hole section was drilled to final total depth. The 13?” (340mm) casing was run and set at 3,035 .... [+ read more] metres and the well drilled ahead in the 12¼” (311mm) hole section to 3,695 metres.

2 Jul 2013

Saipem jackup 'Perro Negro 6' sinks as seabed collapses beneath it

Saipem said that one of the Perro Negro 6s three legs collapsed, causing the rig to suddenly tilt and start taking water. The incident, according to Saipem, occurred during the rig positioning on location between the coasts of Angola and the Democratic Republic of Congo, in approximately 40 meters of water. 6 crew members have sustained minor injuries. At approximately 10:30 .... [+ read more] am CET, the rig, with no personnel on board, capsized and sank.

1 Jul 2013

North Atlantic Drilling completes sale and leaseback of newbuild jackup

North Atlantic Drilling (NADL) today announced that the company has completed the sale and leaseback of the company’s newbuild ‘West Linus’ jackup rig in deal struck with Ship Finance International Limited, another company owned by NADL’s majority shareholder John Fredriksen. The total deal is worth US$600 million, with the ‘West Linus’ being chartered by NADL for an initial 15 year term .... [+ read more] beginning from the delivery of the unit from the yard. NADL will also have the option to buy the unit back for a set price of US$380 million after the first five years of operation. The unit will continue to be recognised as an asset of NADL’s balance sheet instead of Ship Finance’s.

1 Jul 2013

Oro Negro boosts future rig fleet with further jackup orders

Oro Negro, a Mexican focused rig operator has placed an order for two more ‘premium’ jackup rigs to be built by Sembcorp Marine in Singapore. The two units will be built at the PPL shipyard in Singapore and will be based on the yards proprietary ‘Pacific 400’ design, with construction costing a combined price of US$471 million. Both units are expected .... [+ read more] to be delivered to Oro Negro in 2015 at the end of the second and third quarters respectively and are the fifth and sixth identical jackup orders that the company has placed with Sembcorp. Oro Negro plan to market the rigs for operation in the Mexican shallow water market, where the company is aiming to become a leading supplier of offshore drilling rigs.

1 Jul 2013

Statoil to use Diamond Drilling's 'Ocean Vanguard' to spud wildcat well on Cliffhanger North

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-18 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-18 S will be drilled from the Ocean Vanguard drilling facility at position 58°49’56.6” north and 2°27’51.2” east on the Johan Sverdrup discovery. The drilling program for well 16/2-18 S relates to drilling of a .... [+ read more] wildcat well in production licence 265. Statoil Petroleum AS is the operator with an ownership interest of 40 per cent. The other licensees are Petoro AS with 30 per cent, Det norske oljeselskap ASA with 20 per cent and Lundin Norway AS with 10 per cent. The area in this licence consists of part of block 16/2 in the central part of the North Sea. Production licence 265 was awarded on 24 April 2001 (North Sea Awards, 2000). This is the 13th well to be drilled within the licence area and the ninth exploration well in PL 265 on Johan Sverdrup. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

27 Jun 2013

Seadrill increases ownership in Sevan Drilling

Seadrill has purchased an additional 116,934,875 shares in Sevan Drilling to increase the company’s holding in its fellow offshore drilling operator to over 50%. The acquisition of the additional almost 117 million shares cost Seadrill around US$76 million and the company set out its intention to submit a mandatory offer for the remainder of Sevan Drilling shares in the market. .... [+ read more] A successful takeover of Sevan would increase Seadrill’s semi-submersible fleet by four units and also give the operator an increased presence in the Brazilian offshore market where the ‘Sevan Driller’ and ‘Sevan Brasil’ units are currently operating.

26 Jun 2013

Tap Oil releases starfish-1 drilling update

Tap Oil Limited (“TAP”) provides the following update of the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana. During the period from 1400 hours (AWST) on 19 June 2013 to 1400 hours (AWST) on 25 June 2013 the well was drilled to a depth of 2,627 metres. The 20” (508mm) casing was run and set at 2,218 metres .... [+ read more] and the BOPs were installed, prior to drilling ahead in the 17½” (444.5mm) hole section.

26 Jun 2013

Significant oil discovery offshore Nigeria

Afren plc (“Afren” or the “Company”) announces that the high impact Ogo-1 well located on the OPL 310 licence offshore Nigeria has discovered a significant light oil accumulation, based on the results of drilling and wireline logs. The Ogo-1 well has been drilled to a total measured depth of 10,518 ft (10,402 ft true vertical depth subsea), .... [+ read more] and has encountered a gross hydrocarbon section of 524 ft, with 216 ft of net stacked pay. The well was targeting 78 mmboe of gross P50 prospective resources, but based on evidence to date, targeted resources are likely to be significantly in excess of previous estimates. Further evaluation using wireline log analysis is currently underway prior to extending the well to a total measured depth of 11,800 ft (11,684 ft true vertical depth subsea) to target further high potential zones. The Ogo-1 discovery, testing a four-way dip-closed structure in the Turonian, Cenomanian, and Albian sandstone reservoirs, confirms the extension of the same Cretaceous sandstones that have yielded other significant discoveries along the West African Transform Margin. Following the completion of drilling operations at Ogo-1, the Partners intend to drill a planned side-track, Ogo-1 ST, which will test a new play of stratigraphically trapped sediments that pinch-out onto the basement high targeting 124 mmboe of gross P50 prospective resources.

24 Jun 2013

Norvarg appraisal well update

Ithaca Energy Inc. ("Ithaca" or the "Company") announces that the appraisal well (7225/3-2) being drilled on the Norvarg discovery, located in PL535 in the Norwegian sector of the Barents Sea, has confirmed the presence of hydrocarbons in the Kobbe formation based on the results of wire line logs and formation tests and cores. The partnership has decided to perform a .... [+ read more] drill stem test (DST) on the well to assess the quality of the Kobbe reservoir and the volume potential in the northeastern part of the Norvarg closure. Appraisal drilling operations commenced on 25 April 2013. The well is being drilled using Ocean's Leiv Eiriksson semi-submersible rig. The well is located in 377 metres of water, approximately 275 kilometres north of the Hammerfest LNG plant on Melkøya. The partners in the licence are Total E&P Norge (operator - 40 per cent interest), North Energy (20 per cent), Ithaca Petroleum Norge (13 per cent), Statoil (10 per cent*), Det Norske (10 per cent*), and Rocksource Exploration Norway (7 per cent).

24 Jun 2013

Atwood orders fourth drillship from DSME

Atwood Oceanics has announced that the company has exercised its option with Daewoo Shipbuilding and Marine Engineering (DSME) for the construction of an ultra-deepwater drillship that was due to expire on 30th June 2013. The option was attached to the company’s order of the ‘Atwood Admiral’ in September 2012, with the new unit set to be named the ‘Atwood Archer’. The .... [+ read more] ‘Atwood Archer’ is expected to cost US$635 million, and is due to be delivered by the 31st December 2015 and will be the fourth drillship in Atwood’s growing offshore rig fleet. The ‘Atwood Archer’ will be equipped with two blowout preventers and will be able to operate in water depths up to 12,000ft, whilst the order also comes with another option which expires at the end of March 2014 for the delivery of a similar drillship unit in September 2016.

24 Jun 2013

Hercules Offshore increases stake in Discovery Offshore to more than 50%

Hercules Offshore has announced that the company has increased its controlling stake in the ‘high-specification’ jackup rig operator Discovery Offshore to over 50% in a deal worth in excess of US$110 million. The deal gives Hercules a controlling stake in two new ‘high-specification’ jackups the ‘Discovery Triumph’ and ‘Discovery Resilience’ and helps to bolster Hercules existing jackup rig fleet with two .... [+ read more] modern units, that are capable of achieving top-end dayrates similar to assets currently operating in the sector, whilst also opening up new international jackup markets for the company. The deal means that Hercules now has to make a mandatory offer for the remainder of shares in the jackup operator.

24 Jun 2013

Lundin Norway gains approval to drill 7120/1-3 wildcat well using 'Transocean Arctic' semisub

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7120/1-3, cf. Section 8 of the Resource Management Regulations. Well 7120/1-3 will be drilled from the Transocean Arctic drilling facility at position 71 54` 10.37" north and 20 16´ 11.59" east. The drilling program for well 7120/1-3 relates to drilling of a wildcat well in production .... [+ read more] licence 492. Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are Det norske oljeselskap ASA with 40 per cent and Noreco Norway ASA with 20 per cent. The production licence consists of parts of blocks 7120/1 and 7120/2. The licence was awarded in APA 2007. Wildcat well 7120/1-3 is the first exploration well in production licence 492. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

23 Jun 2013

Awilco secures new North Sea drilling contract

UK based rig operator Awilco Drilling has announced that the company has been awarded a new three year contract for its ‘WilPhoenix’ semi-submersible drilling unit for operations in the UK North Sea. The contract has been awarded to the operator by Apache North Sea and Taqa Brantani for the use of the ‘WilPhoenix’, with the total value of the contract expected .... [+ read more] to be around US$424 million. The contract is expected to commence in the second half of 2014. The award of the contract now means that Awilco has secured long term drilling contracts for both of its semi-submersible assets with the company’s other unit the ‘WilHunter’ currently contracted through to the end of November 2015.

21 Jun 2013

KCA secures contract for 'Ben Rinnes' with Tullow Oil Gabon

KCA Deutag has announced the signing of a contract for a period of 80 days for the company’s ‘Ben Rinnes’ jackup rig. The contract has been secured with Tullow Oil for operations in Gabon and will involve the drilling of two wells with an additional well included as an option for the contract. No value was released for the contract, which .... [+ read more] will begin in early July in completion of the units’ current contract with Vaalco which is also for drilling operations in Gabon.

20 Jun 2013

Rowan secures contract for second newbuild drillship 'Rowan Resolute'

Rowan has secured a contract for the second of its four newbuild drillships that are currently being constructed by Hyundai in South Korea. The contract which is for a firm three year period has been signed with Anadarko Petroleum Corporation for the ‘Rowan Resolute’ drillship and is expected to begin once the unit has been delivered from the yard in Q3 .... [+ read more] 2014, with a dayrate between US$607,000 and US$609,000. The contract award leaves Rowan with only two un-contracted newbuild drillships, the ‘Rowan Reliance’ and ‘Rowan Relentless’ which are due to be delivered from the yard in late 2014 and mid-2015.

20 Jun 2013

Seadrill orders two more jackups as it looks to boost 'high-specification' fleet

Seadrill has announced a new order for two ‘high-specification’ jackup rigs from Dalian Shipyard in China. Each unit is valued at around US$230 million and are based on Friede & Goldman’s JU-2000E jackup design, with the ability to operate in 400ft of water whilst drilling down to 30,000ft. The units which are due for delivery in Q4 2015 and Q1 2016 .... [+ read more] are the seventh and eighth jackups that Seadrill have ordered from the Dalian shipyard for delivery over the next three years. The units will help to increase Seadrill’s jackup fleet to 29 units once all the units have been delivered as the company looks to establish a strong position in the ‘high-specification’ jackup market.

19 Jun 2013

'Stena DrillMAX' spuds Starfish-1 well

Tap Oil Limited (“TAP”) is pleased to advise that at 0820 hours Perth time on 19th June 2013, the Stena DrillMAX, Dual Derrick Drillship commenced drilling the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana. The well will target a large stratigraphic trap in the deep water of eastern Ghana, interpreted to be potentially comparable to the Jubilee .... [+ read more] oil field in western Ghana. Tap estimates that the well will target prospective resources potentially half a billion barrels, (431 mmbbls (P50)). The Starfish prospect is located in the Offshore Accra Contract Area in offshore Ghana along the prolific offshore West African Margin. The Starfish prospect was matured following reprocessing of the original 3D seismic data and the acquisition of the new 3D survey in 2011 over the outboard deep water area. The Contract Area is now covered by quality 3D seismic data. In the event of a discovery at Starfish-1 confirming a significant petroleum system, there are a number of other leads and prospects identified on the block that would be of interest. The Operator, Ophir Energy, continues to work on the existing lead and prospect inventory. The well will be drilled as a vertical well in a water depth of 1,500 metres and is expected to take 35 days (trouble free) to drill to a proposed total depth of 4,560 metres. Tap’s cost for the well is expected to be approximately A$11.6 million.

19 Jun 2013

Lundin targets Boptott prospect in Norway using 'Bredford Dolphin'

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/4-7, cf. Section 8 of the Resource Management Regulations. Well 16/4-7 will be drilled from the Bredford Dolphin drilling facility in position 58°31’37.87’’ north 02°08’34.40’’ east. The drilling programme for well 16/4-7 concerns the drilling of a wildcat well in production licence 544. Lundin is the .... [+ read more] operator with an ownership interest of 40 per cent. The other licensees are Bayerngas Norge AS and Explora Petroleum AS, both with 30 per cent. The area in this licence consists of the southern part of block 16/4. The well will be drilled about 0.5 kilometres north of well 16/4-4 in the central part of the North Sea. Production licence 544 was awarded on 19 February 2010 (APA 2009). This is the first well to be drilled in the licence and the second within the licence area. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

19 Jun 2013

Statoil makes another oil find offshore Newfoundland

Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect (EL 1112), located approximately 500 kilometres north-east of St. John's, Newfoundland and Labrador, Canada. "While it is still too early to determine Harpoon's resource potential at this time, this is very encouraging for the area and .... [+ read more] especially for the Bay du Nord well planned for later this year," says Erik Finnstrom, senior vice president for Exploration North America in Statoil. Finnstrom explains that Statoil's exploration strategy to test high-impact oil prospects in the Flemish Pass Basin is on target and that the Harpoon results will contribute to a greater understanding of the area. "We anticipate there will be further appraisal drilling to mature this discovery in the future," states Finnstrom. "We will continue to build this area as a core exploration region for Statoil." The Harpoon discovery was drilled by the semi-submersible rig West Aquarius, in approximately 1,100 metres of water. Harpoon is located about 10 kilometres south-east of Statoil's Mizzen discovery. The Mizzen discovery is estimated to hold between 100-200 million barrels of oil. As part of its 2013 three-well exploration program offshore Newfoundland, Statoil is currently drilling its Federation prospect, located in the Jeanne d'Arc Basin. The company will then return to the Flemish Pass Basin to drill the Bay du Nord prospect, which is located south-west of the Harpoon and Mizzen discoveries. Statoil is the operator of Harpoon with a 65 percent interest. Husky Energy is a 35 percent partner.

18 Jun 2013

Stella drilling commences

Ithaca Energy Inc. ("Ithaca" or the "Company") announces the commencement of development drilling operations on the Stella field, with the first well on the field having been spudded using the Ensco 100 heavy duty jack-up rig. The initial campaign involves the drilling and completion of four production wells on the Stella field prior to start-up. Three horizontal wells are .... [+ read more] to be drilled into the oil rim of the field, long with one highly deviated gas-condensate well on the crest of the structure. As previously announced, Advanced Drilling Technology International ("ADTI"), a subsidiary of the global drilling contractor Transocean, has been contracted to manage the drilling and completion operations under "turnkey" contract arrangements. Each well is anticipated to take approximately 80-90 days to drill and complete. It is planned for each well to be clean-up tested, within the capacity limits of the flow test equipment that will be used on the Ensco 100. Details of the test results will be provided. The joint venture partners in the Ithaca operated GSA are Ithaca Energy (UK) Limited (54.66%), a wholly owned subsidiary of the Company, Dyas UK Limited (25.34%) and Petrofac Energy Developments (20%).

17 Jun 2013

Ocean Rig secures contract for newbuild drillship

Ocean Rig has announced that it secured a letter of award (LOI) for its newbuild ultra-deepwater drillship the ‘Ocean Rig Skyros’, worth around US$190 million. The contract is with an as yet unnamed ‘major oil company’ for work off West Africa in the form of a firm five well drilling programme taking place over 275 days, which will help to boost .... [+ read more] the rig managers contract backlog to around US$5 billion. The ‘Ocean Rig Skyros’ is the second of four, seventh generation units that Ocean Rig have on order at Samsung’s yard in South Korea. The contract is expected to commence upon delivery of the unit from the yard, which is currently anticipated to be in October 2013.

10 Jun 2013

Ensco orders new drillship on back of strong market

Ensco plc has placed an order for an eighth drillship that will be built by Samsung to the yard’s proprietary drillship design. The unit which will be named the ENSCO DS-10, is being built to the GF12000 hull design and will be similar to the DS-8 & DS-9 units that Ensco also ordered from Samsung with a total construction price for .... [+ read more] the DS-10 unit of US$625 million. The unit is expected to be delivered by the end of Q3 2015 and Ensco has placed the order as the company continues to see strong demand for deep and ultra-deepwater rigs buoyed by increasing exploration activities on a global level coupled with operators demand for units with the most advanced capabilities available.

10 Jun 2013

Atwood secures first contract for newbuild drillship

Atwood Oceanics has secured a first contract for the company’s newbuild drillship the ‘Atwood Achiever’ for operations offshore Morocco with Kosmos Energy. The contract is due to commence upon delivery of the unit from Daewoo’s yard in South Korea with an initial 65 day mobilisation period before the unit starts its firm 3 year contract with a base dayrate of US$595,000. .... [+ read more] The ‘Atwood Achiever’ is the second of three drillships that will be delivered to Atwood Oceanics, following the delivery of the ‘Atwood Advantage’ in late 2013 which has been contracted by Noble Energy for operations in Israel. Atwood’s final drillship the ‘Atwood Admiral’ is due for delivery in 2015 and is currently not contracted.

10 Jun 2013

Songa secures additional Vietnam work for 'Songa Mercur'

Songa Offshore has announced that the company has secured additional work for its ‘Songa Mercur’ semi-submersible unit in Vietnam that will keep the unit contracted through to the beginning of 2014. Songa has signed a contract with Idemitsu Oil & Gas for one firm well for a duration of 80 days with a contract value of around US$21 million, that will .... [+ read more] begin following on from Eni’s contract with Vietnam. The contract also has a one well option attached which would extend the contract up to 140 days if exercised.

7 Jun 2013

Total extends contract for 'Prospector 1' jackup

Prospector Offshore has announced that Total E&P UK Ltd have amended the contract for the ‘Prospector 1’ rig. Total has chosen to extend the contract by 40 days from a 690 day period up to 730 days whilst also altering the options that are tied to the contract with an initial one year option followed by an additional four – six .... [+ read more] month options also. The extension of the contract is good news for Prospector Offshore following the delay in the initial delivery period of the unit.

7 Jun 2013

Det Norske extends XL Enhanced 2 contract with Maersk Drilling

Det norske oljeselskap ASA (Det norske) has extended the company’s contract for Maersk Drilling’s ‘XL Enhanced 2’ jackup rig that is currently under construction at Keppel Fels in Singapore with delivery expected in 2014. Det Norske contracted the unit to work on the Ivar Aasen project in Norway initially for a firm 3 year period with that period now being extended .... [+ read more] to 5 years, adding around US$280 million to the contract. Det Norske has further options to extend the contract for the jackup for an additional 7 years. The ‘XL Enhanced 2’ jackup is one of three XL Enhanced jackup rigs that Maersk Drilling ordered in 2011 and 2012 and are enhanced versions of the Maersk Innovator and Inspirer units.

5 Jun 2013

Atwood secures new contract for 'Atwood Beacon' jackup

Atwood Oceanics has secured a new contract for the company's 'Atwood Beacon' jackup rig with Eni contracting the unit for a firm period of two years for work offshore Italy. The unit will mobilise to Italy at the end of its current contract with Shemen Oil and Gas in Israel in July 2013 and will be required to incur costs related .... [+ read more] to the compliance of Italian offshore operating laws and regulations to work in the country. The contract is valued at around US$128 million and also contains an option for an additional third year.

5 Jun 2013

Qatar Petroleum awards new contracts to two GDI rigs

Qatar Petroleum has awarded contract extensions to two Gulf Drilling International (GDI) rigs currently working for the company in Qatar. The ‘Al-Doha’ and ‘Al-Zubarah’ jackup rigs have both been awarded new five year contracts, which will see both units employed on Qatar Petroleum’s offshore fields through to mid-2018 with a combined contract value of QAR 1.7 billion (US$466.51 million). GDI currently .... [+ read more] has six jackup rigs operating in Qatar with further units being delivered in 2013 and 2014 both of which are expected to also be contracted for operations in the country.

5 Jun 2013

Statoil targets new exploration well north of Asgard field

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6506/9-3, cf. Section 8 of the Resource Management Regulations. Well 6506/9-3 will be drilled from the Transocean Leader drilling facility in position 65°15'4.99" north and 6°54'15.66" east after completion of the drilling of production well 31/2-K-13 BY2H for Statoil Petroleum AS in production licence 054 in the .... [+ read more] Troll field. The drilling program for well 6506/9-3 concerns the drilling of a wildcat well in production licence 479. Statoil Petroleum AS is the operator with an ownership interest of 40.95 per. The other licensees are Eni Norge AS with 19.6 per cent, Petoro AS with 14.95 per cent, Exxon Mobile E&P Norway AS with 14.7 per cent and Total E&P Norge AS med 9.8 per cent. The area in this licence consists of parts of blocks 6506/9 and 6506/12. The well will be drilled about seven kilometres north of Åsgard in the Norwegian Sea. Production licence 479 was awarded on 29 February 2008 in APA 2007 on the Norwegian shelf. This is the first well drilled in the licence. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

4 Jun 2013

Socar orders new semi-submersible drilling rig

The State Oil Company of Azerbaijan Republic (SOCAR) has placed an order for a new state of the art semi-submersible drilling rig from Keppel FELS to be built at the company's Caspian Shipyard in Azerbaijan. The unit will be built to Keppel's DSS 38M design which has been customised for operations in the Caspian Sea environment, and will cost a total .... [+ read more] of US$800m. SOCAR is looking to expand its current fleet of drilling rigs in order to allow the company to drill new wells and further orders could follow.

4 Jun 2013

Statoil orders new rigs to extend life of Oseberg and Gullfaks fields

Statoil has awarded contracts for a pair of newbuild jackup rigs that will be built to the company’s ‘Cat-J’ specifications for operations in the Norwegian North Sea. Samsung Heavy Industries has been awarded the construction contract whilst KCA Deutag Drilling has been awarded the operator contract for the two units. The units which are believed to cost around US$650 million each .... [+ read more] will be deployed on the Gullfaks and Oseberg fields in Norway once completed with the new rigs being owned by the license of the field rather than a rig operating company or Statoil. The first of the two units is expected to begin operating in late 2016 once it has been delivered from the yard.

4 Jun 2013

Shell contract Atwood Condor for US GoM drilling program

Atwood Oceanics have announced that the company has been awarded a new contract for its ‘Atwood Condor’ semi-submersible unit with Shell for operations in the US Gulf of Mexico (GoM). Shell has hired the unit for a dayrate of US$550,000 with the contract running for a firm period of 39 months from late August 2013, with the contract superseding the units .... [+ read more] existing contract with the Hess Corporation.

4 Jun 2013

Galoc Phase II commences drilling

Otto Energy Limited (“Otto”) (ASX:OEL), as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development approved in 2012. Otto is pleased to advise that at 1300 hours on 4 June 2013, the Ocean Patriot semi-submersible drilling rig commenced .... [+ read more] drilling the Galoc-5H and 6H development wells. Drilling is expected to take approximately 115 days including the flowing of the wells for clean-up. The forward plan is to drill the 36" (914 mm) hole to 392 metres and install the 30" conductor prior to drilling the 171/2" (444 mm) hole to 950 meters.

3 Jun 2013

Spud of Tayum-1 Exploration Well

Salamander announces the spud of the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia. Salamander has a 23.4% non-operated interest in the Kutai PSC. The Tayum well will be drilled by the Randolph Yost jack-up rig to a depth of approximately 2,563 metres total vertical depth sub-sea and is targeting multiple stacked deltaic sandstone reservoirs of Upper .... [+ read more] Miocene age adjacent to the Dambus discovery. The mean gross pre-drill estimate of prospective recoverable resource is c. 80 Bcf, with an upside (P10) case of 182 Bcf. The operator is carrying c. 73 Bcf (2C) of contingent resource, with an upside case of 115 Bcf (3C), on the block and success at Tayum could result in a commercial development.

2 Jun 2013

HRT spuds Murombe-1 well in Namibia

HRT Participações em Petróleo S.A. (HRT) through its wholly-owned subsidiary HRT Walvis Petroleum (Proprietary) Ltd. (HRT Walvis), announces, on June 1st, 2013, the spud-in of the Murombe-1 (2212/06-1) (Murombe-1), the second offshore well in its back-to-back exploratory drilling campaign. This well is targeting the Murombe Prospect, located in Petroleum Exploration License 23 (PEL-23), in the Walvis Basin, offshore the Republic of .... [+ read more] Namibia. The Murombe-1 well is located 220 km northwest of Walvis Bay in 1,391 m of water depth. This well is just 15 Km west of HRT’s first well on PEL-23 (Wingat-1) which drill through two excellent oil producing source rocks from which were recovered liquid hydrocarbon. Murombe-1 will test a 1,000 km2 basin floor fan on a way4-dip closure at its highest structural elevation within a turbidite complex. The main objective of this well is to test the resource potential of Barremian aged turbidite reservoirs that have a well-defined seismic amplitude anomaly on the PSDM 3D data set. A shallower secondary objective, the Santonian aged Baobab confined channel complex with turbidite reservoirs, which is between the two oil producing source rocks, will also be penetrated. The Boabab reservoir is expected to be encountered at 3,670 m depth below sea level and the Murombe reservoir is expected to be encountered at 5,090 m depth below sea level. Murombe-1 will be drilled to a projected total depth of 5,360 m by the semi-submersible ‘Transocean Marianas’. The total time estimated to complete the operations is approximately 72 days.

1 Jun 2013

Keppel delivers first KFELS Super A Class rig for harsh environments

Keppel FELS Limited (Keppel FELS) has delivered its first KFELS Super A Class jackup rig to Discovery Offshore S.A. (Discovery Offshore), which is managed by NASDAQ-listed Hercules Offshore, Inc. (Hercules Offshore). Named Discovery Triumph at a ceremony today, the first KFELS Super A Class jackup has been delivered 46 days ahead of schedule and with a perfect safety record. .... [+ read more] The ultra high-specification jackup rig has been designed for the harsh environmental conditions of the North Sea (UK Sector). Its enhanced leg design incorporates Keppel's proven and reliable high capacity rack and pinion jacking system which ensures that the rig is able to jack up and stand firm in a secure and safe manner even in challenging environments.

30 May 2013

Calao-1X exploration well encounters non-commercial condensate in Côte d’Ivoire

Tullow Oil plc (Tullow) announces that the Calao-1X exploration well in the CI-103 licence offshore Côte d’Ivoire, where Tullow is operator and has a 30% carried interest, has encountered thin condensate/gas bearing reservoirs in an Upper Cretaceous deepwater channel system. The well is the second deepwater exploration well drilled in the CI-103 licence and targeted an Upper Cretaceous channel system northwest .... [+ read more] of the Paon-1X oil discovery, which was drilled in 2012. Good quality reservoir sandstones were found in this objective but they were water bearing at this location. Approximately 5m of condensate/gas bearing sandstones were found in a deeper objective. The well was then sidetracked, targeting a better developed reservoir unit down-dip. Good quality water bearing sandstones were intersected at that level in the sidetrack. Pressure data indicates that this zone may be in communication with the condensate encountered in the original Calao-1X well. Following completion of logging operations the well will be plugged and abandoned. The Seadrill West Leo dynamically positioned semi-submersible drilled Calao-1X to a final depth of 4,570 metres in water depths of 1,906 metres. The Sidetrack was then drilled to a final depth of 4600m below sea level. Tullow (30% carried interest) operates the CI-103 licence and is partnered by Anadarko Petroleum (55%) and the Societé Nationale d’Opérations Pétrolières de Côte D’Ivoire (Petroci) (5% plus a 10% carried interest).

30 May 2013

BOT Lease commission newbuild jackup construction

BOT Lease Co Ltd, a leasing company linked to the Mitsubishi UFJ financial group has ordered a newbuild jackup rig at Sembcorp Marine's PPL shipyard in Singapore. The unit will be built to the yards Pacific 400 specifications and is expected to be delivered by the end of January 2015 with a total construction price of US$220.5 million. The project will .... [+ read more] be managed by the Japan Drilling Company (JDC) during the construction phase.

29 May 2013

Diamond Drilling orders new harsh environment semi-sub

Diamond Offshore Drilling has announced that the company has ordered a newbuild harsh environment semi-sub rig from Hyundai Heavy Industries in South Korea. The unit will be built to Moss Maritime's CS-60E design and the total construction cost of the project is valued at US$755 million with completion after November 2015. The unit has also been awarded a contract for drilling .... [+ read more] operations for BP in Australia upon delivery for an initial three year period with a dayrate of US$585,000.

24 May 2013

'Bredford Dolphin' given approval to drill appraisal well on Johan Sverdrup

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/3-6, cf. Section 8 of the Resource Management Regulations. Well 16/3-6 will be drilled from the Bredford Dolphin drilling facility at position 58°49’07.86’’ north 02°42’11.40’’ east in production licence 501. The drilling programme for well 16/3-6 relates to drilling of an appraisal well in production .... [+ read more] licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence consists of parts of blocks 16/2, 3, 5 and 6 which are located in the central part of the North Sea. The well was drilled east on Johan Sverdrup about 3 kilometres southeast of well 16/2-13 S and 1.9 kilometres northwest of well 16/3-4. Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the fifteenth well to be drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing the drilling activity.

23 May 2013

Bedug-1 Gas Discovery

Salamander announces that the Bedug-1 exploration well in the Bontang PSC has been concluded as a gas discovery[i]. Bedug-1 was drilled using the Ocean General semi-submersible rig, the well reaching a total depth (“TD”) of 1,693 m true vertical depth sub-sea (“TVDSS”). The well encountered a gas-bearing sandstone interval of 5m thickness in the Lower Pliocene BT40 primary target as confirmed .... [+ read more] by log data. Within the BT45 primary target, the interval of well-developed sandstones from which oil was tested at South Kecapi were found to have thinned out on the crest of the Bedug structure. However, with these thinner sandstones containing strong oil shows, the potential for a commercial oil discovery remains and further investigation of the up-dip extent of the South Kecapi oil discovery is warranted. After deepening the well into the top of the BT50 target interval, Bedug-1 experienced a high pressure kick that came from a severely over-pressured 5.5m thick sandstone. Both log and pressure data have demonstrated this reservoir to be gas bearing, with log data from additional underlying thinner bedded sandstones also interpreted to be hydrocarbon-bearing. However, due to increasing formation pressures the well had to be suspended before fully evaluating the BT50 interval and without reaching the BT65 and BT80 targets. Based on the pressure profile in the well it was concluded that the deeper objectives could not be drilled and evaluated safely with the equipment available on the rig. This also precluded the drilling of a side-track down-dip to further evaluate the oil bearing BT45 interval. Completion of the Bedug-1 well concludes the current phase of Salamander’s multi-well programme in the North Kutei basin. This campaign has yielded the South Kecapi oil and gas discovery; the Bedug gas discovery; and wet gas at North Kendang which experienced a high pressure kick. Work is on-going to evaluate the commercial potential of the discoveries made to date, and Salamander intends to re-drill the North Kendang well (which, as announced on 22 May, is subject to an insurance claim). In parallel, new well data is to be integrated into a technical assessment of the Bontang and Southeast Sangatta PSCs, which both retain a significant undrilled inventory of prospects.

23 May 2013

LUNDIN NORWAY COMPLETES EXPLORATION WELL 7/4-3 ON THE CARLSBERG PROSPECT IN NORWAY

Lundin Petroleum AB (Lundin Petroleum) has, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), completed the drilling of wildcat well 7/4-3. The well was drilled 24 km north of the Lundin Petroleum operated Brynhild field in the North Sea, offshore Norway, and approximately 22 km east of the UK Everest field. The exploration well 7/4-3 was targeting the .... [+ read more] Upper Triassic and Upper Cretaceous reservoirs of the Carlsberg prospect. The well encountered no hydrocarbons and is being plugged and abandoned as a dry hole. The primary exploration target of the well was to prove petroleum in Upper Triassic reservoir rocks (the Skagerrak Formation). The Skagerrak Formation sands were not encountered. The second exploration target of the well was to prove petroleum in the Upper Cretaceous chalk reservoir. The reservoir was found at the predicted depth but was water bearing with no presence of hydrocarbons. The well is the first exploration well in PL495 and PL495B. The licenses were awarded in APA 2008 and APA 2011. The well was drilled to a vertical depth of 2,957 metres below mean sea level, and was terminated in the Smith Bank Formation in the Triassic. The well was drilled in water depth of 82 metres by the jack-up rig Maersk Guardian. Following the plugging and abandonment of well 7/4-3 the Maersk Guardian rig will move to the Brynhild field to commence the drilling of the development wells. The costs of the exploration well 7/4-3 and associated license costs will most likely be expensed during the second quarter of 2013. Lundin Norway is the operator and has a 60 percent working interest in PL495 and PL495B. The partner is Tullow Oil Norge AS with a 40 percent working interest.

23 May 2013

Ocean Patriot rig has commenced mobilisation to the Galoc oil field for the Phase II development

Nido Petroleum Limited (‘ASX:NDO’ or ‘the Company’) is pleased to advise that the Operator of SC 14C1 (Galoc Production Company W.L.L, a wholly owned subsidiary of Otto Energy Ltd, ASX: OEL) has informed the Company that the Ocean Patriot rig has commenced mobilisation from Singapore and is currently under tow with the tug Pacific Battler. The rig is .... [+ read more] expected to arrive at the field location in early June. Phil Byrne, Managing Director commented, “The departure from Singapore of the ‘Ocean Patriot’ rig to the Galoc oil field in SC 14C1 to commence the Phase II development project is a major milestone for this project and for the Company. I am very pleased to see the Phase II project enter the operational phase of its life cycle which will result in the drilling of two new additional horizontal development wells into the field. Galoc is the company’s cornerstone asset, and the Phase II development project is strongly aligned with the company’s strategy of focusing on building its reserves and production base and I look forward to the commencement of Phase II production in the fourth quarter this year”.

23 May 2013

Standard Drilling sells off last rig

Standard Drilling announced that the company has entered into an agreement to sell the last company's last jackup rig to UMW Oil & Gas of Malaysia. UMW will pay Standard US$223 million for the asset which is still under construction at Keppel FELS in Singapore and due for delivery in Q2 2014, with the transaction expected to be completed on June .... [+ read more] 10th 2013.

22 May 2013

Statoil prepared to drill Falk appraisal using 'Songa Trym'

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6608/11-8, cf. Section 8 of the Resource Management Regulations. Well 6608/11-8 will be drilled from the Songa Trym drilling facility at position 66° 07' 39.83" north and 8° 20' 12.39" east. The drilling programme for well 6608/11-8 relates to drilling of an appraisal well in production .... [+ read more] licence 128. Statoil Petroleum AS is the operator with an ownership interest of 63.95 per cent. The licensees are Petoro AS with 24.55 per cent and Eni Norge AS with 11.50 per cent. The production licence consists of blocks 6608/10 and 6608/11. The production licence was awarded in licensing round 10-B in 1986. The drilling permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

20 May 2013

HRT releases results of Wingat-1

HRT Participações em Petróleo S.A. (HRT) through its wholly-owned subsidiary HRT Walvis Petroleum (Proprietary) Ltd. (HRT Walvis), announces that its first exploration well (Wingat-1 2212/07/1) in a multi well offshore program in Namibia has found oil although not in commercial volumes. This well is located in Petroleum Exploration License 23 (PEL-23), in the Walvis Basin, offshore Republic of Namibia. The well, .... [+ read more] spudded on March 25th, was drilled in water depths of circa 1,005 meters and has reached a final depth of 5,000 meters. The main objective of the well was to test the resource potential of the Albian age carbonate platform, which was penetrated on targeted depth, but its reservoir quality is much less developed than originally expected. The Wingat well was initially planned to be drilled to a total depth (TD) of 4,127 meters, but because of the potential to drill deeper to test the presence of turbidite reservoirs and the opportunity to penetrate and to sample the main source rock, the consortium decided to go deeper, to a final TD of 5,000 meters. This decision was also supported by the increasing concentrations of hydrocarbon shows present in the well below of the depth of 1,500 meters. The Wingat-1 was drilled in 68 days by the semi-submersible Transocean Marianas (NYSE:RIG) and within the budget. The information obtained, coupled with the results of preliminary studies of all data collected from the well, allowed HRT to identify two well-developed source rocks, which are rich in organic carbon and both are within the oil-generating window. Also, the well encountered several thin-bedded-sandy reservoirs that are saturated by oil. HRT collected four samples of this oil, each of 450cc, and the analysis of these samples indicated the presence of light oil, 38o to 42o API, with minimal contamination. No water-bearing zones were identified in the drilled section. The well is currently in the process of being plugged and abandoned. The fact that the source rock is in the oil window and generating liquid hydrocarbons of excellent quality confirms the source potential of the basin. As such, the results of Wingat-1 Well provide important information that will help calibrating and guiding HRT’s next exploration steps in the Walvis Basin. These source rocks present in the well can charge reservoir intervals of other prospects identified in the license, including Murombe Prospect, which will be drilled next.

16 May 2013

Keppel FELS delivers second jackup rig to Oro Negro early

Keppel FELS has delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro (Oro Negro). Named Laurus at Keppel FELS today, the rig was delivered eleven days early and with a perfect safety record. Laurus is the second of two high-specification jackup rigs that Keppel FELS has built .... [+ read more] for Oro Negro which will be chartered to PEMEX, Mexico's national oil company, for deployment in offshore Mexico. The first rig, Primus, was delivered in December last year.

14 May 2013

Lundin Norway AS ready to drill new wildcat near Johan Sverdrup discovery

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-20, cf. Section 8 of the Resource Management Regulations. Well 16/2-20 will be drilled from the Island Innovator drilling facility at position 58°56’25.80’’ north and 02°25’34.09’’ east in production licence 501. The drilling programme for well 16/2-20 relates to drilling of a wildcat well in production .... [+ read more] licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence consists of parts of blocks 16/2, 3, 5 and 6. The well will be drilled about 3.2 kilometres north of well 16/2-9 S on Johan Sverdrup in the central part of the North Sea. Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the fourteenth well to be drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities before the drilling activity starts.

14 May 2013

Noble Drilling awarded first 'Cat-J' Jackup Rig Contract by Statoil

Noble Drilling announced that the company has been awarded a US$655m four year contract by Statoil to manage a newbuild ultra-high specification jackup rig to be used on the Mariner project in the UK North Sea. The jackup is the first of Statoil's 'Cat-J' specialised fit-for-purpose jackup rigs that have been ordered and will be modified for operations in the NWECS .... [+ read more] to deal with harsh conditions and provide more effieicnt drilling operations. Construction of the unit is expected to cost US$690 million with the shipyard to be announced soon.

13 May 2013

'Transocean Winner' set to be used by RWE Dea Norge AS to drill Cliffhanger South Prospect

The Norwegian Petroleum Directorate has granted RWE Dea Norge AS a drilling permit for well 6608/2-1 S, cf. Section 8 of the Resource Management Regulations. Well 6608/2-1 S will be drilled from the Transocean Winner drilling facility at position 66° 58' 6.99" north and 8° 23' 38.11" east. The drilling programme for well 6608/2-1 S relates to drilling of a .... [+ read more] wildcat well in production licence 330. RWE Dea Norge AS is the operator with an ownership interest of 40 per cent. The other licensees are Marathon Oil Norge AS with 30 per cent and Lundin Norway AS with 30 per cent. The production licence consists of blocks 6608/1 and 6608/2. The production licence was awarded in the 18th licensing round in 2004. Wildcat well 6608/2-1 S is the first exploration well in production licence 330. The permit is contingent upon the operator securing all other permits and consents required by other authorities before the drilling activity starts.

7 May 2013

Seadrill Ltd sells T-15 tender rig to Seadrill Partners LLC

Seadrill has officially sold the tender rig 'T-15' unit to its sister company Seadrill Partners LLC for a total price of US$210m. The transaction is expected to be completed by the end of May 2013 and is being funded by a loan which Seadrill is providing to its partner company. The unit recently begun a five year contract with Chevron in .... [+ read more] Thailand which will see it continue to be contracted until the end of April 2013.

30 Apr 2013

Atwood Oceanics announces extension of 'Atwood Orca' contract

Atwood Oceanics Inc (Atwood) today announced that the company’s ‘Atwood Orca’ jackup rig has been awarded a nine month contract extension by Mubadala Petroleum (Mubadala). The contract extension means that the unit is now contracted to Mubadala until February 2016. The unit has been operating for Mubadala since its delivery from the shipyard in 2013. The new contract extension also means .... [+ read more] a rise in dayrate, with the rate increasing to US$165,000 in May 2015.

29 Apr 2013

Exploration well results

Ithaca Energy Inc. announces that the Storbarden exploration well on PL 506S in Norway has not encountered hydrocarbons and the well is to be plugged and abandoned. The costs of this and the other committed exploration and appraisal wells transferred to Ithaca as a result of the acquisition of Valiant Petroleum plc ("Valiant") were accounted for in the price paid .... [+ read more] for the company, with no success assumed. The Company notes the following announcement made by Rocksource ASA, the operator of the Storbarden well: "Rocksource ASA ("Rocksource") announces that the drilling rig "Borgland Dolphin" has completed drilling of the main reservoir and the secondary target at the high risk Storbarden prospect in PL 506S in the North Sea. The well has not encountered hydrocarbons. Final data acquisition and analysis is currently on-going after which the well will be plugged and abandoned. A final press release will be provided by the Norwegian Petroleum Directorate upon completion of the well operations. Rocksource is the operator of the PL 506S licence with a 25 per cent working interest. The partners in PL 506S are Petoro (20 per cent), Petrolia (30 per cent) and Valiant (25 per cent).

29 Apr 2013

Talisman given approval to use 'Maersk Giant' jackup to drill wildcat well on PL 299

The Norwegian Petroleum Directorate has granted Talisman Energy Norge AS a drilling permit for well 2/1-16 S, cf. Section 8 of the Resource Management Regulations. Well 2/1-16 S will be drilled from the Mærsk Giant drilling facility, at position 56°51’1.72’’ north and 3°18’52.69” east. The drilling programme for well 2/1-16 S relates to drilling of a wildcat well in production .... [+ read more] licence 299. Talisman Energy Norge AS is the operator with an ownership interest of 31.5 per cent. The other licensees are Agora Oil & Gas AS with 28.5 per cent, Dong E & P Norge AS 20 per cent and North Energy ASA 20 per cent. The area in production licence 299 is located in the southern part of the North Sea near the Gyda field, and consists of parts of block 2/1. Well 2/1 16 S is the second exploration well in this production licence, which was awarded in 2003. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

25 Apr 2013

Songa completes sale of two semisubs and announces creation of JV

Songa Offshore (Songa) has successfully completed the sale of two midwater semisub rigs to Singapore-based Opus Offshore (Opus) in a deal worth US$200 million. Under the terms of the deal, Songa has announced the establishment of a strategic joint venture (JV) drilling management company (Songa-Opus JV). The sale involves the ‘Songa Venus’ and ‘Songa Mercur’ rigs, which Songa has had earmarked .... [+ read more] for sale since the second half of 2013. Both units will be 100% acquired by Opus, but will be operated by the Songa-Opus JV. In addition to the two semisubs, the Songa-Opus JV will also operate four drillships that Opus currently has under construction and on order for delivery between 2014 and 2017. Furthermore, Opus will enter into a bareboat charter for the ‘Songa Venus’ between the closing of the above transaction and commencement of its SPS at the end of Q1 2015, the unit will be chartered at a fixed rate of US$120,000. The total transaction is expected to be worth between US$180 million and US$235 million to Songa depending on whether or not Opus exercises its buy-out option for the JV. Opus have the option to acquire Songa’s 50% share of the JV for US$20 million, starting 30 months post inception of the Songa-Opus JV, which is valid for a 12 month period.

23 Apr 2013

Statoil gains approval to drill Johan Sverdrup appraisal well 16/2-17 B

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/2-17 B, cf. Section 8 of the Resource Management Regulations. Well 16/2-17 B will be drilled from the Ocean Vanguard drilling facility at position 58°48’15.92” north and 2°31’46.03” east on the Johan Sverdrup discovery after completing the drilling of appraisal well 16/1-17 S for Statoil in .... [+ read more] production licence 265. The drilling program for well 16/2-17 B relates to drilling of an appraisal well in production licence 265. Statoil Petroleum AS is the operator with an ownership interest of 40 per cent. The other licensees are Petoro AS with 30 per cent, Det norske oljeselskap ASA with 20 per cent and Lundin Norway AS with 10 per cent. The area in this licence consists of part of block 16/2 in the central part of the North Sea. Production licence 265 was awarded on 24 April 2001 (North Sea Awards 2000). This is the twelfth well to be drilled in the licence area, and the eighth appraisal well on Johan Sverdrup in PL 265. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

22 Apr 2013

'Songa Trym' set to drill wildcat well 25/11-27 for Statoil

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 25/11-27, cf. Section 8 of the Resource Management Regulations. Well 25/11-27 will be drilled from the Songa Trym drilling facility at position 58°14’15.78” north and 2°32’51.25” east after completing the drilling of wildcat well 16/8-3 S for Statoil in production licence 360. The drilling programme .... [+ read more] for well 25/11-27 relates to drilling of a wildcat well in production licence 169 B2. Statoil Petroleum AS is the operator with an ownership interest of 47.5 per cent. The other licensees are Petoro AS with 30 per cent, ConocoPhillips Skandinavia AS with 12.5 per cent and ExxonMobil E&P Norway AS with 10 per cent. The area in this licence consists of part of block 25/11. The well will be drilled about 4 kilometres southwest of well 25/8-4 in the central part of the North Sea. Production licence 169 B2 was awarded on 1 March 2000 (supplement to the 13th round). This is the first well to be drilled within the area of the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

22 Apr 2013

KrisEnergy begins drilling Bulu gas appraisal well in Indonesia

KrisEnergy Ltd (“KrisEnergy” or “the Company”), an independent upstream oil and gas company, announces that at 1000 GMT on 19 April 2003, the Randolph Yost jack-up rig commenced drilling of the Lengo-2 appraisal well in the Bulu production sharing contract (“PSC”) in the East Java Sea, Indonesia. The Lengo-2 appraisal well is intended to delineate the Lengo gas discovery drilled in .... [+ read more] 2008. Lengo-2 is approximately 3.3 km south of the Lengo-1 discovery well and is expected to reach a total measured depth of 2,726 feet (831 metres) in approximately 22 days. “Since KrisEnergy was established in 2009 we have been strategically building our portfolio of operated and non-operated assets along the entire exploration-to-production life cycle. Lengo-2 is the first well to drill under our operatorship and we have put great importance on the planning and execution of this well under a robust health, safety and environmental management system that of course follows international standards,” said Chris Gibson-Robinson, KrisEnergy’s Director of Exploration & Production. The Bulu PSC covers 697 sq km in three separate areas – Bulu A, Bulu B and Bulu C – over the East Java Basin in water depths of 50 to 60 metres. KrisEnergy holds a 42.5% operated working interest in the Bulu PSC and is partnered by AWE Limited with 42.5%, PT Satria Energindo with 10% and PT Satria Wijayakusuma with 5%. The Randolph Yost jack up rig is owned by Shelf Drilling Co. Subsequent to drilling of the Lengo-2 appraisal well, the rig will mobilise to the KrisEnergy operated Kutai PSC where it will drill the Tayum-1 exploration well.

20 Apr 2013

DSIC successfully delivers second DSJ300 jackup

At 9 o’clock on March, 25th, 2013, the DSJ300-2 Jackup Drilling Rig was successfully delivered by DSIC Offshore. The DSJ300 series is self-designed and developed by DSIC with their own patent licenses. The success of DSJ300 series, has set up a solid foundation of expanding the oversea market and promoting DSJ350 (350 feet) and DSJ400 (400 feet) Jackup Drilling Rigs. On .... [+ read more] the basis of the successful delivery of the DSJ300-01, all departments worked together, optimized design scheme, improved the production management method and technological process, and finally achieved the goal of DSJ300-02 delivery in the beginning of 2013. In the year of 2012, 8 rigs were under construction simultaneously and the high production load brought many difficulties to DSIC Offshore. However we still achieve the goal of construction and delivery and we are ready to meet the new challenges in the year of 2013.

19 Apr 2013

Lundin Norway AS to use 'Bredford Dolphin' semisub to drill 16/2-21 appraisal on Johan Sverdrup

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/2-21, cf. Section 8 of the Resource Management Regulations. Well 16/2-21 will be drilled from the Bredford Dolphin drilling facility at position 58°46’40.81’’ north and 02°36’38.77’’ east in production licence 501 after completing the drilling of wildcat well 16/4-6 S for Lundin Norway AS in production .... [+ read more] licence 359. The drilling programme for well 16/2-21 relates to drilling of an appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent. The area in this licence consists of parts of blocks 16/2, 3, 5 and 6. The well will be drilled about three kilometres east of well 16/2-15 and 2.5 kilometres west of well 16/2-7 on Johan Sverdrup in the central part of the North Sea. Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the thirteenth well to be drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

18 Apr 2013

Anadarko Provides East Africa Exploration Update

Anadarko Petroleum Corporation (NYSE: APC) today announced the discovery of a new natural gas accumulation fully contained within the Offshore Area 1 of the Rovuma Basin of Mozambique. The Orca-1 discovery well encountered approximately 190 net feet (58 meters) of natural gas pay in a Paleocene fan system. "Discovering another large, distinct and separate natural gas accumulation in the .... [+ read more] Offshore Area 1 continues our outstanding exploration success offshore Mozambique," said Sr. Vice President, Worldwide Exploration Bob Daniels. "We are designing an initial two-well appraisal program to define the areal extent of the Orca field, which will commence immediately after drilling our Linguado and Espadarte exploration wells. Orca is a single large Paleocene column, and its proximity to shore provides additional options and flexibility for potential future development." The Orca-1 exploration well was drilled to a total depth of approximately 16,391 feet (4,996 meters), in water depths of approximately 3,481 feet (1,061 meters). Anadarko is the operator in the Offshore Area 1 with a 36.5-percent working interest. Co-owners include Mitsui E&P Mozambique Area 1, Limited (20 percent), BPRL Ventures Mozambique B.V. (10 percent), Videocon Mozambique Rovuma 1 Limited (10 percent) and PTT Exploration & Production Plc (8.5 percent). Empresa Nacional de Hidrocarbonetos, ep's 15-percent interest is carried through the exploration phase.

18 Apr 2013

Falcon Energy confirms order of newbuild jackup

The Board of Directors of Falcon Energy Group Limited (Falcon) wishes to announce that FTS Derricks Pte. Ltd. (FTS Derricks), a subsidiary of the Company, has entered into a construction contract (Construction Contract) with Keppel FELS Limited (Keppel FELS) dated 3rd April 2013 in relation to the construction and sale by Keppel FELS to FTS Derricks of a mobile offshore self-elevating .... [+ read more] drilling unit (more particularly, a KFELS Super B Class Self Elevating Offshore Jackup Drilling Unit) (Vessel). The contract price for the Vessel is USD225,650,000, payable in instalments. FTS Derricks is 65% owned by Falcon and 35% owned by Mr Cai Wenxing (a director of the Company). Keppel FELS is a subsidiary of Keppel Offshore & Marine Ltd, a wholly-owned subsidiary of Keppel Corporation Limited.

17 Apr 2013

'West Hercules' to drill 7220/5-2 wildcat in Barents Sea for Statoil

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for wellbore 7220/5-2, cf. Section 8 of the Resource Management Regulations. Well 7220/5-2 will be drilled from the West Hercules drilling facility at position 72° 33' 40.29" north and 20° 23' 54.84" east. The drilling program for well 7220/5-2 relates to drilling of a wildcat well in .... [+ read more] production licence 532. Statoil Petroleum AS is the operator with an ownership interest of 50 per cent. The other licensees are Eni Norge AS with 30 per cent and Petoro AS with 20 per cent. The production licence consists of blocks 7219/9, 7220/4, 7220/5, 7220/7 and 7220/8. The production licence was awarded in the 20th licensing round in 2009. Wildcat well 7220/5-2 is the fourth exploration well in production licence 532. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

16 Apr 2013

Spud of Bedug-1 Exploration Well

Salamander announces the spud of the Bedug-1 exploration well in the Bontang PSC. Salamander has a 100% operated interest in the Bontang PSC. The Bedug-1 well will be drilled to a depth of approximately 2,050 m total vertical depth sub-sea ('TVDSS') and is targeting gas and oil pay in both Upper Miocene and Lower Pliocene channel sands on the crest .... [+ read more] of the Bedug structure. The well is located to the East of the Angklung-1 gas discovery and 4 km East and 500m up-dip of the recent South Kecapi-1 ST oil and gas discovery. Bedug-1 will be drilled by the Ocean General semi-submersible rig in a water depth of 460 metres.

15 Apr 2013

Cairn secures rig for Frontier Exploration Campaign

Cairn is pleased to announce it has secured a long term contract with Transocean for the “Cajun Express” drilling unit. The rig, which is on an initial one-year contract, will be used on Cairn’s planned multi-well frontier exploration programme in Senegal, Morocco and potentially other areas. Subject to obtaining the necessary approvals the rig will be mobilised to begin operations .... [+ read more] for Cairn, offshore Morocco on the Foum Draa licence in H2 2013. The Cajun Express, is a deep-water, 5th Generation, dynamically positioned, semi-submersible drilling rig with shallow mooring capabilities and a 15,000 psi bop stack. The historic performance of the Cajun Express indicates it is a highly efficient rig with low operating downtime.

11 Apr 2013

Keppel AmFELS delivers third jackup rig to Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico's Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record. The rig was christened today at Keppel AmFELS' yard in Brownsville, Texas by Lady Sponsor, Mrs. Gabriela Jiménez de .... [+ read more] Alvarez Morphy, wife of Mr Luis Alvarez Morphy Camou, Director of Perforadora Central. Papaloapan is the the third jackup rig built by Keppel AmFELS for Perforadora Central and is based on the LeTourneau Super 116E design. Capable of drilling wells up to 30,000 ft at a water depth of 375 ft, it is the first Super 116E newbuild to be further enhanced to provide for an additional 1,500 kips of elevated load.

11 Apr 2013

North Kendang-1 Exploration Well Suspended

Salamander Energy plc announces that the North Kendang-1 exploration well ("NK-1") in its operated South East Sangatta PSC has been suspended as a potential gas discovery. The rig is now being mobilised to the Bontang PSC to drill the Bedug-1 exploration well, the third well in Salamander’s multi-well programme in the North Kutei basin. The Ocean General semi-submersible rig spudded .... [+ read more] the NK-1 well on the 10th February 2013; to date the well has been drilled to 2,535 metres true vertical depth subsea ("TVDSS"). The well drilled through a predominantly shale-prone section throughout the Pliocene. On reaching what is prognosed to be the first Upper Miocene reservoir target at 2,533 metres TVDSS, the well took a significant kick from an influx of high pressure hydrocarbon gas into the well bore at a wellhead pressure of circa 4,000 psi. As a result of encountering high pressure gas, the well experienced operational challenges ultimately leading to its suspension before evaluating the reservoir section. The gas has been sampled and is being analysed with initial results pointing to a wet gas, while pressure data indicate a potentially significant column height. Salamander is reviewing the option to return to NK-1 as part of the current drilling campaign, in order to drill ahead and evaluate the Upper Miocene section. NK-1 is the second well in Salamander’s multi-well programme in the North Kutei basin and follows on from the oil and gas discovery at the South Kecapi-1 well announced in February.

9 Apr 2013

Pacific Drilling Announces Exercise of Option to Extend the Pacific Scirocco for One Year

Pacific Drilling S.A. (NYSE: PACD) announced today that a subsidiary of Total S.A. has elected to exercise a one-year option to extend the firm contract term for the Pacific Scirocco to January 2015. The contract provides for a further option, to be exercised at the client’s discretion by April 7, 2014, which could result in two additional years of contract term .... [+ read more] at a higher dayrate. The additional one year term increases the drillship’s backlog by approximately $180 million, bringing the company’s total contract backlog as of April 9, 2013, to approximately $3.4 billion. The additional extension for two years would add a further $364 million backlog if exercised.

8 Apr 2013

OIL DISCOVERY IN LUNO II EXPLORATION WELL OFFSHORE NORWAY

Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the drilling of exploration well 16/4-6S on the Luno II prospect has resulted in a potentially significant oil discovery. The well is located in PL359 in the central North Sea sector of the Norwegian Continental Shelf (NCS). The well will now .... [+ read more] be tested. The well was drilled in water depths of 101 metres and is located on the south western flank of the Utsira High approximately 15 km south of the Lundin Petroleum operated Edvard Grieg field. The well has drilled through a section of close to 200 metres of sand with a high net-to-gross content. A gross oil column in excess of 40 metres has been proven. The oil water contact was encountered at approximately 1,950 metres below mean sea level. It is a light oil of good quality. The pressure data indicates that the petroleum system in Luno II is different to that seen in the Edvard Grieg and Johan Sverdrup fields. A comprehensive coring, logging and fluid sampling program has been performed. The discovery will now be production tested. Ashley Heppenstall, President and CEO of Lundin Petroleum AB, commented: “We are very pleased that Luno II appears to be another significant discovery on the Utsira High. The existence of a thick reservoir section at this location is excellent news. The reservoir quality, whilst not the same as Johan Sverdrup, appears good and will now be tested. We expect to provide a range of recoverable resources from the discovery after testing is completed in 2-3 weeks time” The well was drilled using the semi-submersible drilling rig Bredford Dolphin. Following the completion of the testing programme the rig will be moved to the Lundin Norway operated PL501 to continue the appraisal drilling on the Johan Sverdrup discovery. Lundin Norway AS is the operator of the PL359 with a 40 percent interest. The partners are Statoil Petroleum ASA with 30 percent and Premier Oil plc with 30 percent interest.

8 Apr 2013

Greater Stella area turnkey drilling contract award

Ithaca Energy Inc. announces that it has contracted the services of Applied Drilling Technology International ("ADTI"), to manage development drilling and completion operations on the Greater Stella Area ("GSA") under "turnkey" contract arrangements. ADTI is a subsidiary of Transocean, the world's largest offshore drilling contractor. In line with Ithaca's strategy for de-risking key development workscopes, the ADTI turnkey contract .... [+ read more] locks in the expenditure and performance requirements of the core drilling operations. ADTI has played a central role in all aspects of the GSA well planning and design work that has been completed over the course of 2012. The drilling campaign is anticipated to commence in Q2-2013 using the high-spec Ensco 100 heavy duty jack-up rig. The drilling campaign involves the completion of four wells on the Stella field prior to start-up of production. Each well is anticipated to take approximately 80-90 days to drill, complete and clean-up test. The joint venture partners in the Ithaca operated Greater Stella Area are Ithaca Energy (UK) Ltd (54.66%), Dyas UK Ltd (25.34%) and Petrofac Energy Developments UK Limited (20%). Mike Travis, Greater Stella Area Project Manager, commented: "The award of the ADTI contract represents an important step in the Company's approach to reducing GSA project execution risk. ADTI has a long and established relationship with Ithaca, having successfully and safelycompleted turnkey operations on seven of the Company's operated wells over recent years. ADTI has a highly experienced drilling team in place to manage execution of the campaign and we look forward to the commencement of drilling operations in this quarter."

4 Apr 2013

Total E&P Norge AS set to use 'Leiv Eirkisson' semisub on Norvarg appraisal

The Norwegian Petroleum Directorate has granted Total E&P Norge AS a drilling permit for well 7225/3-2, cf. Section 8 of the Resource Management Regulations. Wellbore 7225/3-2 will be drilled from the Leiv Eiriksson drilling facility at position 72 57` 05.17" north and 25 58´ 23.34" east. The drilling programme for well 7225/3-2 relates to drilling of an appraisal well in .... [+ read more] production licence 535. Total E&P Norge AS is the operator with an ownership interest of 40 per cent. The other licensees are North Energy ASA with 20 per cent, Det norske oljeselskap ASA with 20 per cent, Valiant Petroleum Norge AS with 13 per cent and Rocksource Exploration Norway AS with 7 per cent. The production licence consists of blocks 7225/3 and 7226/1, and was awarded in the 20th licensing round in 2009. Wildcat well 7225/3-2 is the second exploration well in production licence 535. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to starting drilling activities.

2 Apr 2013

Fairmount Sherpa Delivered GSF Arctic I to Las Palmas

Tug Fairmount Sherpa has safely delivered rig GSF Arctic I in Las Palmas. The rig has been towed from offshore Rio de Janeiro, Brazil, to Las Palmas de Gran Canaria, Spain. The voyage covered a distance of almost 4,000 miles across the Atlantic Ocean with an average speed of 4.1 knots, the destination offshore Las Palmas was reached. Upon arrival offshore .... [+ read more] Las Palmas de Gran Canaria Fairmount Sherpa performed anchor handling activities for the GSF Arctic I, mooring her on her eight anchors.

2 Apr 2013

First oil from new AGMN platform in Gabon

Total Gabon has announced that it has achieved first oil from the Anguille Marine Nord (“AGMN”) platform, located in water depths of 30 metres in Gabon. The AGMN platform was installed in Q1 2012 and the Setty jackup has been drilling the first of the 21 planned development wells since May 2012. Thus far the Setty jackup has drilled four development .... [+ read more] wells, with fifteen production and six injection wells in total to be drilled. Upon completion of the development drilling programme, the field is expected to produce nearly 20,000/bpd.

29 Mar 2013

Farmount Summit Delivered SSV Catarina to Angola

Tug Fairmount Summit has delivered rig SSV Catarina offshore Angola. The rig has been towed from Okpo, South Korea, via the Strait of Malacca and the Cape of Good Hope towards Angola. SSV Catarina is a brand new sixth generation semi-submersible drilling rig for ultra deepwater operations. The rig is constructed by Daewoo Shipbuilding & Marine Engineering in South Korea. SSV .... [+ read more] Catarina is designed to drill up to depths of 10,000 meters. When hooked-up with the SSV Catarina the tow sailed via Malacca Strait and Cape of Good Hope towards Angola, where it arrived after covering a distance of over 10,000 miles with an average towing speed of 6.9 knots. During the voyage bunker stops were made in Singapore and Mauritius. At Mauritius the Fairmount Summit performed a cargo run between the port and the SSV Catarina.

25 Mar 2013

HRT spuds Wingat-1 well in Namibia

HRT Participações em Petróleo S.A. (HRT) through its wholly-owned subsidiary HRT Walvis Petroleum (Proprietary) Ltd. (HRT Walvis), announces, on the present date, the spud-in of the Wingat-1 (2212A/07) (Wingat-1), the first offshore well in its back-to-back exploratory drilling campaign. This well is targeting the Wingat Prospect, located in Petroleum Exploration License 23 (PEL-23), in the Walvis Basin, offshore the Republic of .... [+ read more] Namibia. The Wingat-1 well is located at approximately 200 km to the northwest of Walvis Bay. Its water depth is 1,034 m and it will test an elongated combination trap with a potential P10 area of 381 km2 of which there is a 4-way-structural closure of 42 km2. The main objective of this well is to test the resource potential of the Albian aged carbonate platform that has a well-defined seismic amplitude anomaly in the PSDM-3D data set. These reservoirs are expected to be encountered at approximately 3,950 m of depth below sea-level. Wingat-1 will be drilled to a projected total depth of 4,100 m by the semi-submersible ‘Transocean Marianas’. The total time estimated to complete the operations is approximately 60 days.

18 Mar 2013

New high-impact discovery offshore Tanzania

Statoil and co-venturer ExxonMobil are pleased to announce their third high-impact discovery in Block 2 offshore Tanzania in a year. The discovery of 4-6 trillion cubic feet (Tcf) of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 Tcf. "The success in Block 2 is the result of an ambitious and successful drilling .... [+ read more] campaign. We have so far completed five wells within 15 months and will continue with further wells later this year. Recoverable gas volumes in the range of 10-13 Tcf brings further robustness to a future decision on a potential LNG project," says Tim Dodson, executive vice president for Exploration in Statoil. The Tangawizi-1 discovery was made in sandstone of tertiary age. The new discovery is located 10 kilometres from the Zafarani and Lavani discoveries. It is located in water depth of 2,300 metres and was drilled by the Ocean Rig Poseidon drilling rig.

15 Mar 2013

Statoil secures drillship for Kwanza basin drilling

Statoil has signed a three year contract for the ‘Stena Carron’ drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola. The agreement managed by Stena Drilling is for a three-year fixed term with start-up Q4 2013 / Q1 2014. The estimated total contract value is USD700 million. Statoil has also secured two .... [+ read more] one-year extensions. Statoil has also allocated the ‘Discoverer Americas’ drillship to East Africa to perform exploration drilling in the Statoil-operated blocks in Tanzania and Mozambique. "Statoil has now secured rig capacity for its planned global exploration programme in 2013 and 2014. We have drilled four successful wells in Tanzania over the last year, and are now committed to drilling additional wells in Tanzania as well as in Mozambique and Angola," says Tim Dodson, executive vice president for Exploration in Statoil. "Together with a three-well campaign in the Gulf of Mexico, three Statoil-operated wells in Canada, and a one-year drilling campaign in the Barents Sea, this demonstrates an ambitious exploration programme." In Angola, Statoil will test the pre-salt potential in the Kwanza blocks by drilling the commitment wells in block 38 and 39. In East Africa Statoil, along with its respective partners, plans to drill three to four wells testing the further potential in block 2 in Tanzania and explore the block 2 and 5 area in Mozambique. In the Gulf of Mexico Statoil will drill three operated wells during 2013 utilising the semi-submersible Maersk Developer. The company also has exploration activities in two to three partner operated wells in this region coming up, in addition to a three-well campaign offshore Newfoundland in Canada. "We are pleased to secure these ultra-deep water rigs," says Statoil's chief procurement officer Jon Arnt Jacobsen. "Statoil has an ambition to produce 2.5 million barrels of oil equivalent per day in 2020, which requires that we ensure sufficient and appropriate rig capacity. We have secured rigs for our needs in 2013 and 2014, and we are also targeting the allocation of rigs and developing new rig concepts to ensure more capacity in the market."

15 Mar 2013

JORVIK EXPLORATION WELL COMPLETED

Lundin Petroleum AB, has, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), completed the drilling of exploration well 16/1-17 in PL338. The well targeted the Jorvik prospect located in a separate basin directly east of the Edvard Grieg field. The main objective of well 16/1-17 was to prove the presence of oil-bearing sandstones and conglomerates in a basin .... [+ read more] fill sequence. Based on sampling, mobile oil is proven in tight reservoir, consisting of conglomeratic and pebbly sandstones. The well was drilled into basement and water pressure indicates a pressure regime close to the Edvard Grieg field and the Luno South discovery. Extensive data acquisition and sampling have been carried out in the well. The whole reservoir sequence including basement has been cored. The semi-submersible drilling rig Transocean Winner drilled the well to a total depth of 2,044 metres below mean sea level, in a water depth of 110 metres. Lundin Norway is the operator and has a 50 percent working interest in PL338. Partners are Wintershall Norge AS with 30 percent and OMV (Norge) AS with 20 percent interest.

14 Mar 2013

Noble Homer Ferrington in Malta

Last Sunday 10th March, the rig Noble Homer Ferrington has arrived safely in Malta, berthing at the Malta Freeport in Birzebbuga. The agents for this rig are MaintiSea Support, our inhouse licenced ship agent, whilst Ablecare Oilfield Services Group is offering all the necessary support and services for the day to day operation in Malta. .... [+ read more]

5 Mar 2013

Seadrill continues newbuild expansion with orders for two 400ft jackup rigs

Seadrill has ordered a further two newbuild jackup rigs from Dalian Shipbuilding (DSIC) in China at a cost of US$230 million each. The two newbuild units are options that Seadrill has exercised from the order of two similar jackup rigs that the company placed with the yard in January 2013, with the two units both being based on the Friede & .... [+ read more] Goldman JU-2000E design. Delivery is scheduled for Q3 and Q4 2015. The orders mean that Seadill now currently have 27 rigs under construction, as the rig operator look to aggressively expand their current fleet with high-specification units.

5 Mar 2013

Fairmount Glacier Delivered La Muralla IV to Mexico

Tug Fairmount Glacier has delivered rig La Muralla IV in Bay of Campeche, Mexico. The rig has been towed from Okpo, South Korea, via Sunda Strait and Cape of Good Hope. La Muralla IV is a brand new semi-submersible drilling rig for ultra-deep water operations, owned by Mexican Grupo R. The rig is constructed by Deawoo Shipbuilding & Marine Engineering in .... [+ read more] South Korea. La Muralla IV is designed to drill up to depths of 10,000 meters. Fairmount Marine’s Fairmount Glacier hooked-up with the rig at the end of October last year offshore the port of Okpo, South Korea. The convoy sailed via Sunda Strait and the Cape of Good Hope towards the Gulf of Mexico, where it arrived at the end of February after covering a distance of over 16,200 miles with an average speed of 6.6 knots. During the voyage bunker stops were made in Singapore, Mauritius, Walvis Bay and Curacao. At Mauritius the Fairmount Glacier performed several runs between the port and the La Muralla IV to transfer cargo and crew.

28 Feb 2013

Perisai Drilling order second jackup rig as the company looks to break into the Malaysian drilling market

Malaysia’s Perisai Petroleum Teknologi has placed an order for the company’s second jackup rig with SembCorp’s PPL shipyard in Singapore. The order follows the group’s first jackup order in May 2012 for the ‘Perisai Pacific 101’ as it looks to establish itself as a key drilling contractor in Malaysia. The jackup ordered is based on the Pacific Class 400 the same .... [+ read more] as the previous order and is due for delivery in Q2 2015 with a total construction cost of US$208 million.

27 Feb 2013

Keppel Fels add to order book with jackup order from Jindal Drilling

Jindal Drilling has announced that the company has signed off on the construction of a new Keppel FELS B Class jackup rig to be built in Singapore for delivery in Q4 2014. The order follows the successful construction and delivery of the ‘Discovery-1’ and ‘Virtue-1’ jackups that Jindal Drilling received from Keppel in 2008. Once completed the unit will be Jindal .... [+ read more] Drilling’s fifth jackup rig after the contractor receives two units it currently has under construction at Lamprell’s yard in the UAE. The order signals the company’s intention to enhance its presence in the Indian offshore rig market as well as the increasing demand for high specification units.

27 Feb 2013

Shell announces pause in Alaska drilling program

Royal Dutch Shell plc (“Shell”) today announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska, but this is a long-term program that we are pursuing in a safe and measured way,” said Shell Oil Company .... [+ read more] President, Marvin Odum. “Our decision to pause in 2013 will give us time to ensure the readiness of all our equipment and people following the drilling season in 2012.” Alaska holds important energy resources. At the same time, securing access to those resources requires special expertise, technology and an in depth understanding of the environmental and societal sensitivities unique to the region. Shell is one of the leaders in an industry move into offshore Arctic exploration. The company continues to use its extensive experience in Arctic and sub-Arctic environments to prepare for safe activities in Alaska. Alaska remains an area with high potential for Shell over the long term, and the company is committed to drill there again in the future. If exploration proves successful, resources there would take years to develop. Shell completed top-hole drilling on two wells in 2012 in the Beaufort and Chukchi Seas, marking the industry’s return to offshore drilling in the Alaskan Arctic after more than a decade. This drilling was completed safely, with no serious injuries or environmental impact. After the drilling season ended, however, one of Shell’s drilling rigs, the Kulluk, was damaged in a maritime incident related to strong weather conditions. The Kulluk and the second drilling rig, the Noble Discoverer, will be towed to locations in Asia for maintenance and repairs. “Shell remains committed to building an Arctic exploration program that provides confidence to stakeholders and regulators, and meets the high standards the company applies to its operations around the world,” said Odum. “We continue to believe that a measured and responsible pace, especially in the exploration phase, fits best in this remote area.”

27 Feb 2013

Keppel FELS adds US$300 million to order book with new contracts

Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract to upgrade the semisubmersible Ocean Patriot for Diamond Offshore. Keppel FELS will undertake the fabrication and installation of four 24-foot diameter stability columns and new lower hull inboard pontoon sponsons as well as upgrade the living quarters. Work on Ocean Patriot is .... [+ read more] expected to commence in June 2013 with redelivery at end 2013. When completed, the semisubmersible will be chartered to Shell for work at the Fram field in the UK North Sea.

24 Feb 2013

Maersk Drilling takes delivery of 'Maersk Viking' drillship

Today Maersk Drilling has taken delivery of its first ultra deepwater drillship, 'Maersk Viking', from the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. The 'Maersk Viking' has started its voyage to the US Gulf of Mexico where it will commence a three year contract with ExxonMobil. 'Maersk Viking' is the first in a series of four ultra deepwater drillships .... [+ read more] that will enter Maersk Drilling’s fleet. The four drillships represent a total investment of US$2.6 billion and will be delivered from the SHI shipyard in 2014. Featuring dual derrick and large subsea work and storage areas, the drillship design allows for efficient well construction and field development activities through offline activities. With their advanced positioning control system, the ships automatically maintain a fixed position in severe weather conditions with waves of up to 11 metres and wind speeds of up to 26 metres per second. Special attention has been given to safety on board the drillships. Equipped with Multi Machine Control on the drill floor, the high degree of automation ensures safe operation and consistent performance. Higher transit speeds and increased capacity will reduce the overall logistics costs for oil companies.

21 Feb 2013

Hercules Offshore Purchase 'Ben Avon' Jackup

Hercules Offshore has reached an agreement with KCA Deutag to purchase the 'Ben Avon' jackup rig for a total price of US$55 million. Hercules also announced that they have secured a contract for the unit with Cabinda Gulf Oil Company in Angola to carry out the contract that was previously awarded to the now retired 'Hercules 185' unit for a firm .... [+ read more] three year period. The purchase of the ‘Ben Avon’ is expected to be completed in March 2013, and sees Hercules continue to purchase older jackup rigs and secure long term contracts for the units, like the operator also did with the ‘Ocean Columbia’ (now Hercules 266) in March 2012 which is expected to begin working for Saudi Aramco in Saudi Arabia in April 2013.

20 Feb 2013

African Petroleum announces discovery at Bee Eater-1

African Petroleum Corporation Limited (African Petroleum) announces a discovery at the Bee Eater-1 well. The well was designed to test the Turonian fan by way of a large step out of 9.5km, west of the original Narina-1 oil discovery and has encountered 48 metres of Narina equivalent oil bearing Turonian sandstone out of a 135 metre oil interval, in line with .... [+ read more] the Company’s pre-drill expectations. Bee Eater-1 spudded on the 4th January 2013 using the ‘Eirik Raude’ drilling rig which has taken 48 days to drill the well, of which 21 days was downtime due to a malfunctioning Blow-out Preventer (BOP). The well was drilled to a total depth of 4,100 metres in a water depth of 1,067 metres.

17 Feb 2013

Keppel FELS delivers another jackup rig ahead of schedule

Keppel FELS Limited (Keppel FELS), a wholly owned-subsidiary of Keppel Offshore & Marine (Keppel O&M), has delivered the jackup rig UMW Naga 4 to UMW Oil & Gas Corporation Sdn. Bhd., a wholly-owned subsidiary of the UMW Group. It was completed five days ahead of schedule, on budget and with a perfect safety record. UMW Naga 4 is the fourth .... [+ read more] consecutive rig that Keppel FELS has delivered ahead of schedule this year. At the handover ceremony held on 16 February 2013 at Keppel FELS, Mr Chow Yew Yuen, Chief Operating Officer of Keppel O&M said, "In a year where Keppel FELS targets to deliver a record 20 rigs, we remain committed to every delivery to go beyond our customer's expectations and provide value-added services. We are continually innovating and improving our processes to increase productivity and safety." UMW Naga 4 is built to Keppel's proprietary KFELS B Class design which is today the industry standard for modern jackup rigs. With another 16 KFELS B Class/Super B Class rigs on order, it reflects the strong market demand for the design. Mr Chow added, "With a strong focus on technology, we work closely with customers to develop innovative and cost-effective solutions for today's market. We are glad to have new customer UMW choose the KFELS B Class as their preferred rig design. It is ideally suited to meet the current shortage of high specification rigs needed for shallow water fields and can be deployed in many parts of the world." Developed by Keppel's jackup rig design arm, Offshore Technology Development, the KFELS B Class rig is able to operate in water depths of up to 400 ft with a drilling depth of 30,000 ft. It incorporates Keppel's advanced and fully-automated high capacity rack and pinion elevating system and self-positioning fixation system. In 2009, the design received the Prestigious Engineering Achievement Award from the Institution of Engineers Singapore for its environmentally-friendly features.

13 Feb 2013

Spud of North Kendang-1 Exploration Well

Salamander announces the spud of the North Kendang-1 exploration well in the South East Sangatta PSC. Salamander has a 75% operated interest in the South East Sangatta PSC. The North Kendang-1 well will be drilled to a depth of approximately 2,600 m total vertical depth sub-sea ('TVDSS'). The North Kendang-1 well is targeting gas and oil pay in a series .... [+ read more] of stacked Pliocene – Upper Miocene sandstone reservoirs. The combined mean pre-drill estimate of prospective recoverable resources is approximately 770 Bcf and 91 MMbo. The well will be drilled by the Ocean General semi-submersible rig in a water depth of 465 metres. On completion of the North Kendang well the rig will return to the Bontang PSC to drill the Bedug prospect. The Bedug location is 4 km east and 500 m up-dip of the recent South Kecapi oil and gas discovery.

8 Feb 2013

Fairmount Couple Towed Noble Max Smith to Brazil

Super tugs Fairmount Sherpa and Fairmount Expedition have towed the drilling rig Noble Max Smith from the Gulf to Brazil. Both tugs hooked-up in Pascagoula Mississippi, USA. For this job the Fairmount Sherpa and the Fairmount Expedition mobilized to the departure location from their previous projects. Fairmount Sherpa had just delivered the rig Atwood Condor in Trinidad after a speedy crossing .... [+ read more] of the turbulent waters around the Cape of Good Hope and the Atlantic. Fairmount Expedition was involved in the successful salvage of the ill-fated container vessel MSC Flaminia. Upon completion of this project she was prepared in Rotterdam for the towage of rig Noble Max Smith and mobilized just in time for the departure from Pascagoula. The Noble Max Smith is a semi-submersible drilling rig owned by Noble Corporation and contracted by Shell for a drilling campaign offshore Brazil over a three year period. Prior to this the rig was prepared at a shipyard in Pascagoula Mississippi, USA. Upon readiness of the rig, a departure meeting was held and the Fairmount Sherpa and Fairmount Expedition connected their towing wires to Noble Max Smith one by one. After this the convoy began its 5,500 miles journey to Niterói, Brazil. First the convoy set sail towards Bridgetown, Barbados, for a stop-over for replenishment of the tugs and the rig. The tugs received first their bunkers and fresh provisions and secondly the Noble Max Smith received fresh provisions and stores. For this both Fairmount Sherpa and Fairmount Expedition were used. As such they did multiple cargo runs to and from the Noble Max Smith. Not only during the first part of the voyage to Bridgetown, but also during a large part of the second leg of the journey counter currents were experienced. Nonetheless the Fairmount Class tugs showed their unbridled towing power and endurance. As such the Noble Max Smith was safely delivered in Niterói. Upon arrival offshore Niterói, Fairmount Expedition assisted in mooring of the rig into position. Directly after delivery tugs Fairmount Sherpa and Fairmount Expedition were prepared for their next assignments.

7 Feb 2013

Transocean Marianas rig arrives in Namibia ahead of HRT drilling contract

The Transocean Marianas semi-submersible drilling unit has arrived in walvis bay in Namibia ahead of its contract with HRT. The unit will undergo necessary maintenance work for a three to four week period before it is used to drill the Wingat Prospect in the Walvis Basin. The rig will be embarking upon a drilling campaign in the Walvis and Orange basins .... [+ read more] in Namibia with HRT estimating that up to 7.39BOE can be discovered with it exploration campaign.

4 Feb 2013

South Kecapi-1 Oil and Gas Discovery

Salamander Energy plc announces that the South Kecapi-1 DIR/ST exploration well (“SK-1”) in the Bontang PSC has been completed as an oil and gas discovery. South Kecapi is the first well in Salamander’s multi-well programme in the North Kutei basin. SK-1 discovered a combined 40 m of net oil and gas pay in high quality stacked Pliocene channel sandstones. A .... [+ read more] drill stem test (“DST”) was conducted within one of the well’s primary targets; a well-developed, Pliocene-age channel sandstone, which flowed light oil at a rate of c. 6,000 barrels of oil per day (constrained by testing equipment) and 8 MMscf per day of gas. The well is being plugged and abandoned as an oil and gas discovery. SK-1 was drilled using the Ocean General semi-submersible rig, reaching a total depth (“TD”) of 2,102 m true vertical depth sub-sea (“TVDSS”). Higher pressures than anticipated and numerous gas kicks were encountered throughout the early Pliocene section which is believed to be indicative of a hydrocarbon-charging system that is extremely active.

31 Jan 2013

Seadrill orders two new 400ft jackup rigs from DSIC Offshore in China

Seadrill has ordered two new Friede & Goldman JU-2000E designed jackups from Dalian Shipbuilding (DSIC Offshore) in China for delivery in the first and second quarters of 2015. Both units will be capable of operating in 400ft of water and drilling down to 30,000ft with each unit costing US$230 million to construct. The orders come on the back of increasing demand .... [+ read more] for newer more capable jackup rigs, with Seadrill also receiving two additional jackup construction options at Dalian for deliveries in the third and fourth quarters of 2015.

28 Jan 2013

Saipem faces new headache with 'Scarabeo 8' drilling rig in Norway

Saipem faces further scrutiny over its troubled ‘Scarabeo 8’ semisub drilling rig, with the Italian rig contractor being warned to improve its safety standards remarkably after the unit listed by as much as seven degrees whilst drilling in the Barents Sea in September 2012. The latest incident adds to the problems Saipem has had to face when dealing with the newbuild .... [+ read more] unit after its initial delivery was delayed by shipyard, electrical and safety problems from early 2011 to April 2012.

27 Jan 2013

Dynamic Vision jackup is delivered to Dynamic Offshore Drilling

Keppel FELS Singapore shipyard has delivered the ‘Dynamic Vision’ jackup rig to Dynamic Offshore Drilling. The ‘Dynamic Vision’ unit is Dynamic Offshore’s first drilling rig and is capable of operating in 350ft of water, with the company having already secured an initial five year contract with ONGC for the unit to operate in India. Dynamic Offshore Drilling plans to order a .... [+ read more] further newbuild jackup rig for delivery in 2016 on the back of increasing demand for newbuild units in the Indian offshore market.

24 Jan 2013

PTTEP hire COSLPower for Thailand drilling campaign

PTTEP has hired the COSLPower jackup rig from China Offshore Services Limited’s (COSL) subsidiary COSL Drilling Pan-Pacific for an 18 month drilling contract in Thailand. The contract is anticipated to begin in April 2013, following the unit’s mobilisation to Thailand. The unit was previously working for Saudi Aramco under charter from the Arabian Drilling Company who had named the unit the .... [+ read more] ‘AD 38’.

23 Jan 2013

CNOOC hires 'Jasper Explorer' drillship for drilling in Congo (Brazzaville)

CNOOC has contracted the ‘Jasper Explorer’ drillship from Jasper Offshore for a two well exploratory drilling campaign in Congo (Brazzaville) beginning in late March 2013. The unit has been off contract since it finished a drilling campaign for Hyperdynamics in Guinea in February 2012, and is currently docked in Spain from where it will mobilise to Congo (Brazzaville) during the first .... [+ read more] half of March 2013.

22 Jan 2013

Vantage Drilling newbuild drillship awarded two year contract

Vantage Drilling Company today announced that they have secured a lucrative US$468 million contract for their newbuild ‘Tungsten Explorer’ drillship, which is still under construction at Daewoo’s shipyard in South Korea. The contract is for a firm period of 2 years with an as yet unreleased operator for drilling operations in West Africa, and comes with four 6-month options for extension .... [+ read more] of the contract. The unit is due for delivery from the shipyard in Q2 2013, and Vantage hope to gain additional work for the unit before it begins this contract.

22 Jan 2013

Atwood secures Thailand contract for 'Atwood Orca'

Atwood Oceanics have secured a US$116 million contract for their newbuild Baker Marine Pacific 400 class jackup rig the ‘Atwood Orca’ awarded by Mubadala Petroleum. The contract is expected to commence 10 days after the unit leaves the PPL shipyard in Singapore in May 2013, and has mobilised to Thailand, with no duration announced for the contract, although a two year .... [+ read more] deal would mean a dayrate around US$135,000 for Atwood. The ‘Atwood Orca’ is the last of three identical jackup units ordered by Atwood from the PPL shipyard to be delivered with the first two units the ‘Atwood Mako’ and the ‘Atwood Manta’ both having secured contracts for work in Thailand also.

22 Jan 2013

Pacific Drilling orders eighth ultra-deepwater drillship from Samsung

Pacific Drilling announced that the company has exercised an option for the construction of its eighth ultra-deepwater drillship to be constructed at South Korea’s Samsung Heavy Industries. The option which Pacific Drilling extended twice originally in September 2012 and again in December 2012, was secured at a total construction cost of US$620 million for the asset which will be built to .... [+ read more] the same specifications as the Pacific Sharav and Pacific Meltem units, including dual gradient drilling equipment. The unit is scheduled to be delivered by Samsung on the 16th March 2015, and allows Pacific Drilling to continue to grow its fleet because of the strong global demand for deepwater drilling rigs

17 Jan 2013

Tullow Oil exercises 'West Leo' contract option

Seadrill have announced that Tullow Oil has exercised a two year contract option that the company had on the West Leo semi-submersible drilling unit for continued operations in Ghana, at a value of US$450m from May 2016 through to May 2018. The West Leo has worked for Tullow Oil in Ghana since it was delivered to Seadrill and began its current .... [+ read more] contract in April 2012. The unit is expected to remain in the region whilst it is contracted to the company.

17 Jan 2013

Greatship takes delivery of 'Greatdrill Chaaya' jackup rig

Greatship Global have taken delivery of the ‘Greatdrill Chaaya’ Letourneau Super 116-E jackup rig from Lamprell Energy’s Hamriyah shipyard in the UAE. The unit is designed to operate in 350ft of water and is the third jackup in Greatship Global’s drilling fleet. The Greatdrill Chaaya is now expected to mobilise to India, where it will embark upon a five year drilling .... [+ read more] contract with ONGC.

17 Jan 2013

Sedco 714 secures contract extension with Total

Transocean has announced that the company has secured an 18 month contract extension with Total for the Sedco 714 semisubmersible rig that is currently operating in the UK. The contract extension ensures that the unit will be fully contracted until October 2015 in the region, where it has been working since 2005 continuously for Total. Midwater rig availability in the UK .... [+ read more] offshore market is extremely tight and this contract extension has allowed Total to secure continuous usage of a valuable asset.

16 Jan 2013

CP Latina doubles offshore rig fleet with purchase of 'Standard Vision' jackup

Following hot on the heels of the announcement that they had completed the acquisition of the ‘Standard Integrity’ (B337) jackup from Standard Drilling yesterday, CP Latina has confirmed that the company intend to exercise the option it has to purchase the similarly designed ‘Standard Vision’ (B338) jackup rig from Standard Drilling. The purchase of the ‘Standard Vision’ is expected to be .... [+ read more] completed in March 2013, and once confirmed will leave Standard Drilling with a single jackup unit under construction for delivery in 2014, from the seven units the company had on order at this time last year.

15 Jan 2013

Sevan Drilling raises new funds for newbuild construction

Sevan Drilling ASA has announced that the company has successfully raised over US$179m through a private share placement of 250,000,000 shares. The company required the influx of funds in order to fill a gap in its possible funding after it saw a reduced dayrate for its Sevan Brasil unit operating in Brazil due to issues with the units blow out preventer. .... [+ read more] Seadill used the share placement to increase its share in Sevan Drilling up to 30.31%, with Sevan now hoping to secure charter contracts for its two newbuild units currently under construction in China.

15 Jan 2013

'Noble Regina Allen' rig is restored to upright position

The jackup rig ‘Noble Regina Allen’ that tilted whilst under construction at SembCorp Marine’s Jurong Shipyard in Singapore on the 3rd December 2012, has been successfully restored and floated. The investigation into the cause of the tilting of the unit will continue to be undertaken by the shipyard, whilst a stop-work order (SWO) issued by Singapore’s Ministry of Manpower Safety and .... [+ read more] Health Inspectorate remains in place on the unit. The problems associated with its construction have pushed delivery of the unit back from Q1 2013 to Q3 2013, with further delays possible.

15 Jan 2013

Continued delay of 'Songa Trym' adds to woes for Songa Offshore

Songa announced further bad news for the company with the release of its ‘December fleet report’, with the news that the upgrade work on the Songa Trym semisubmersible rig was taking longer than expected and would be delayed again with the unit now unlikely to begin its contract with Statoil in Norway until the end of January 2013, a full 4 .... [+ read more] months after the unit was originally scheduled to begin operations. The work associated with the unit is now expected to cost over US$260m (with Statoil contributing US$55m) which along with the increased costs that were associated with the work on the ‘Songa Delta’ rig have added to the financial problems of the company who earlier this month were forced to sell off the ‘Songa Eclipse’ semisubmersible rig to Seadrill in order to pay off debt.

15 Jan 2013

CP Latina Enters Rig Market With Purchase of First Jackup Unit

CP Latina today completed the acquisition of Standard Drilling’s under construction B337 jackup unit for a total price of US$222.5m. Once delivered from Keppel Fels Pioneer yard in Singapore the unit will be the first drilling unit owned and operated by the company and is widely expected to be contracted in Mexico. The unit is a Keppel Fels B Class designed .... [+ read more] jackup rigs, capable of operating in a max water depth of 400ft and drilling down to 30,000ft.

15 Jan 2013

HRT Officially Receives Transocean Marianas

The Transocean Marianas semi-submersible drilling rig has officially been handed over to HRT for the start of its contract with the Brazilian operator in Namibia, the unit is now enroute to the country from Ghana and is expected to arrive within three weeks. The unit will undergo 21 days of maintenance before it begins to work on the Wingat prospect where .... [+ read more] it is expected to drill for up to 60 days. The unit was previously contracted by Eni in Ghana for a three year term from December 2009.

14 Jan 2013

LUNDIN PETROLEUM SPUDS EXPLORATION WELL ON THE OGNA PROSPECT IN THE SOUTHERN NORTH SEA

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that drilling of exploration well 8/5-1 in PL453S has commenced. The well will target the Ogna prospect, which is located some 65 km from the Ula Field in the North Sea, offshore Norway. The main objective of well 8/5-1 is to prove the presence of hydrocarbons in Upper to Middle Jurassic .... [+ read more] reservoirs. Lundin Petroleum estimates the Ogna prospect to contain unrisked, gross, prospective resources of 156 million barrels of oil equivalent (MMboe). The planned total depth is 2,444 metres below mean sea level and the well will be drilled using the jack-up rig Mærsk Guardian. Drilling is expected to take approximately 50 days. Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, is the operator and has a 35 percent working interest in PL453. Partners are Det norske oljeselskap with 25 percent, Noreco with 25 percent and VNG Norge with 15 percent interest.

11 Jan 2013

Frigstad Deepwater Orders US$1.3 Billion Rig Duo

Frigstad Deepwater has placed an order for the construction of two ultra-deepwater semi-submersible units from the CIMC Raffles yard in China for delivery in Q4 2015 and Q2 2016. The units will be based on Frigstad Engineering’s D90 rig design and will be able to operate in 12,000ft of water and drill down to 50,000ft making them only the second and .... [+ read more] third units globally designed to drill to these depths after the Scarabeo 9 semisubmersible rig. Frigstad Deepwater will operate the units, which have a combined construction price of US$1.3bn along with the option for the construction of four further identical units.

8 Jan 2013

African Petroleum spuds Bee Eater-1 well

African Petroleum Corporation Limited (African Petroleum) started drilling the Bee Eater-1 well in Block LB-09 offshore Liberia on the 4th January 2013 with Ocean Rig’s semi-submersible rig, the ‘Eirik Raude’. The Bee Eater-1 well is located 9.5 km north west of the 2012 Narina discovery which discovered high quality oil in Turonian reservoirs. The Bee Eater - 1 well will test .... [+ read more] a potentially westerly extension of the Narina-1 Turonian oil discovery in an axial position of the fan for improved reservoir quality and is located up dip of the postulated Narina -1 OWC. Mean recoverable un-risked prospective resources for the Bee Eater/Narina fan system, which extends over an area of 300 sq km, are estimated as 840 MMstb and 2396 MMstb for the additional prospects identified on Blocks LB-08 & LB-09 (3236 MMstb in total). ERC Equipoise have provided a recent update on the prospective resources for Liberia Blocks LB-08 & LB-09 which is available on the company website www.africanpetroleum.com.au.The second well in this drilling program will be drilled with the ‘Eirik Raude’ in Liberia following on immediately after completion of the Bee Eater-1 well. A number of potential well locations in Blocks LB-08 & LB-09 are under consideration dependent on the outcome of the Bee Eater-1 well. Karl Thompson CEO comments "2012 has been a very successful year for the company with the Narina-1 discovery in Liberia and the expansion of the exploration portfolio with the addition of 5 more exploration blocks in Senegal, Sierra Leone and Cote d’Ivoire. Extensive 3D seismic surveys have been acquired on the blocks in Senegal and Cote d’Ivoire with very encouraging results and are being evaluated to include in our forward drilling program. We are looking forward to a very active exploration program in 2013 starting with the drilling of the high potential Bee Eater prospect in Liberia LB-09 and follow on drilling in Liberia plus Cote d’Ivoire and The Gambia/Senegal coast.”