Infield Rigs News

20 Jul 2017

Noble Energy Terminates the Contract for the Atwood Advantage

Noble Energy has chosen to terminate the contract on the Atwood Advantage drillship. The rig is currently nearing completion of the Leviathan 5 appraisal and production well, offshore Israel. Following a recent tender, Noble Energy and its partners identified the opportunity to hire an alternative rig at a significantly lower day rate. Consequently, Noble has chosen to end the contract for .... [+ read more] the Atwood Advantage on completion of the Leviathan 5 well, and continue the drilling programme with an alternative rig.

14 Jul 2017

Further Delay for New Build Jackup

KS Energy and COSCO Nantong shipyard have agreed to further delay the delivery of the new build jackup rig, the KS Orient Star 2 (hull no. N408). Following an earlier delay the rig was scheduled to be delivered on 31 December 2017. However, the latest agreement has postponed delivery by a further two years to 31 December 2019. .... [+ read more]

12 Jul 2017

53/6-A Well Starts Drilling on the Porcupine Basin

Providence Resources has announced that the 53/6-A exploration well on the FEL 2/14 license began drilling on the 11 July. The well is being drilled by the Stena IceMax harsh environment drillship. .... [+ read more]

12 Jul 2017

Maersk Interceptor to drill on the Hyrokkin Prospect

Aker BP has received consent from Norway's Petroleum Safety Authority (PSA) to drill two wells on the Hyrokkin prospect. The wells, designated 25/4-11 and 25/4-12 will be drilled by the Maersk Interceptor harsh environment jackup. .... [+ read more]

10 Jul 2017

Oyo-9 Drilling Update

Erin Energy has provided an update for the Oyo-9 development well to be drilled offshore Nigeria. The Pacific Bora is now expected to mobilise to location and spud the well by the end of July. According to Erin Energy, Pacific Drilling has confirmed that the Pacific Bora will be ready for deployment. The contract on the Pacific Bora includes one .... [+ read more] firm well and two optional exploration wells. The day rate for the rig is US$195k/day.

7 Jul 2017

Delivery Delay for the West Rigel

North Atlantic Drilling (NADL) has amended an agreement with Jurong Shipyard which will see delivery date for the West Rigel semisub pushed back to 6 January 2018. Both parties will continue to explore commercial opportunities for the rig during the deferral period. In the event that no contract is secured and no alternative transaction is executed, NADL and Jurong will form .... [+ read more] a joint ownership company for the rig, owned 23% by NADL and 77% by Jurong.

6 Jul 2017

Sevan Developer Delivery Deferral

Sevan Drilling has announced that is has amended the delivery deferral period for the Sevan Developer cylindrical drilling unit. The rig is now scheduled to be delivered from the COSCO shipyard on the 30 June 2020. Sevan will continue to market the rig during the deferral period. .... [+ read more]

6 Jul 2017

Safety Clearence for Wisting

OMV has received safety clearance from the Petroleum Safety Authority (PSA) to drill the 7324/8-3 well on the Wisting Central 3 prospect. OMV will use the Island Innovator to drill the well. Drilling is expected to start during mid-August and will take around 31 days to drill. The well was initially due to last 47 days when OMV submitted its application .... [+ read more] to the Environment Agency, however this has since been revised down.

3 Jul 2017

Kick-off for Statoil’s UK exploration campaign

Statoil will soon commence a three-well exploration drilling campaign on the UK continental shelf. In early July, the Transocean Spitsbergen semi-submersible rig will spud the first well in the campaign. “This is an exciting campaign testing three very different opportunities on the UKCS. We hope to make discoveries that can add value to existing projects and also provide the resources necessary .... [+ read more] for new developments on the UKCS,” says Jenny Morris, vice president Exploration, UK. The wells will be drilled in a continuous campaign that is expected to last approximately 2-3 months. The first well, Mariner Segment 9, could prove additional resources and increase the extent of the Mariner Field. After completing the well, expected to take between 15 and 25 days, the rig will move to Jock Scott, a prospect on the underexplored margins of the Viking Graben. The well is expected to be completed in 20-40 days. The last well of the campaign will be the Verbier opportunity in the Moray Firth area. The well is assumed to take 30-70 days to complete. “We have three exciting wells to test with a proven and efficient rig that will enable us to continue to develop our understanding of the full exploration potential of this mature basin and hopefully add new commercial reserves to our UK portfolio,” says Morris.

2 Jul 2017

Contract Termination for ther Bolette Dolphin

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has received a termination for convenience notice from Anadarko Petroleum Corporation for the contract for the drilling unit Bolette Dolphin. The termination will be effective at end August 2017. The termination fee will be approximately USD 96 million as per contract. .... [+ read more]

30 Jun 2017

Statoil receives consent for exploration drilling in the Barents Sea

Statoil has received consent to drill an exploration well in block 7435/12 in the Barents Sea. 30.06.2017 Print Tip someone Register for news The well is to be drilled in a prospect named Korpfjell in block 7435/12 in the Barents Sea. The drilling site is in the northern sector of the Barents Sea South-East area, 37 kilometres from .... [+ read more] the Russian boundary and 415 kilometres from the Norwegian mainland. Water depth at the site is 253 metres. The drilling is estimated to last for 30 days, starting in late June. The well is to be drilled by Songa Enabler, which is a semi-submersible mobile drilling facility of the CAT D type. Songa Enabler was delivered by the Daewoo yard in South Korea in 2016, and is owned and operated by Songa Offshore. The facility is registered in Norway and classified by DNV GL. Songa Enabler was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2016.

28 Jun 2017

Consent for exploration drilling using Leiv Eiriksson

Lundin is the operator of production licence 609. The licence covers block 7220/6 which is around 190 km from Bjørnøya. Drilling will begin in July 2017 and last approx. 34 days, depending on whether a discovery is made. The well is to be drilled by Leiv Eiriksson, which is a semi-submersible drilling facility of the SS Trosvik Bingo 9000 type, .... [+ read more] owned by Ocean Rig and operated by Rig Management Norway. Leiv Eiriksson was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2008.

26 Jun 2017

Maersk Convincer takes over contract from Maersk Completer

Jack-up Maersk Convincer, currently finalising its five-yearly Special Period Survey (SPS) yard stay in Singapore, will be taking over a contract from its sister rig, the Maersk Completer, currently operating offshore Brunei. The Maersk Completer is on contract with Brunei Shell Petroleum, and has been since November 2008. Before long, the Rig is scheduled to have its five-yearly Special Periodic .... [+ read more] Survey (SPS) yard stay, which means that operations for Brunei Shell Petroleum would have to be suspended while Maersk Completer conducts the yard stay, resulting in a delay in the drilling programme of about 45-60 days. In order to limit impact to the customer’s drilling programme, and to reduce cost for both parties, Maersk Drilling is re-activating the warm-stacked Maersk Convincer, an identical Baker Marine 375ft jack-up. Maersk Convincer is currently finalising its own five-yearly SPS yard stay, and will be ready to leave for the field and take on the remainder of the work scope in August 2017. “Our number one priority is to deliver the safest and most efficient drilling operations to our customers. This also means limiting any interruptions to their programmes, resulting in costly delays. Therefore, following a close dialogue with Brunei Shell Petroleum, we have agreed to put Maersk Convincer in operation for the remainder of the contract,” says Peter Dansen, Vice President and Asset Manager for International Jack-Ups in Maersk Drilling. The current contract is scheduled to end in October 2018, however, Brunei Shell Petroleum have options to extend the contract up to a total of three years. Maersk Convincer will take over operations once Maersk Completer has finalised current batch drilling operations.

20 Jun 2017

Consent to use Bideford Dolphin on the Snorre field

Statoil Petroleum AS has received consent to use the Bideford Dolphin drilling facility for drilling and completing well 34/7-A-10 on the Snorre field. Drilling is scheduled to begin on 7 July 2017 and to last 110 days. Bideford Dolphin is operated by Dolphin Drilling AS. Bideford Dolphin is a mobile drilling facility of the Aker H-3 type, built at Aker .... [+ read more] Verdal in 1975 and modified in 1998. The facility is classified by DNV GL and registered in Singapore. Bideford Dolphin was issued with an Acknowledgement of Compliance (AoC) by the PSA in September 2004.

19 Jun 2017

Dry well west of the Volund field in the North Sea – 24/9-11 S

Aker BP ASA, operator of production licence 150 B, has completed the drilling of wildcat well 24/9-11 S. The well was drilled about 7 kilometres west of the Volund field, 11 kilometres southwest of the Alvheim field and 230 kilometres northwest of Stavanger in the central part of the North Sea. The objective of the well was to prove petroleum .... [+ read more] in Upper Palaeocene reservoir rocks (the Hermod formation). Well 24/9-11 S encountered a 7-metre thick sandstone layer with very good reservoir properties. Some thin, partially cemented sandstone layers were also encountered above the main reservoir, with partially good reservoir properties. The sandstones have been interpreted as being remobilised from the Hermod formation and injected into the overlying Balder formation. The reservoir rocks have only faint traces of oil. The well is classified as dry. Data acquisition and sampling were carried out. This is the first exploration well in production licence 150 B. The licence was awarded in APA 2010. Well 24/9-11 S was drilled to measured and vertical depths of 2211 and 2114 metres below the sea surface, respectively, and was terminated in the Palaeocene Sele formation. The water depth is 122 metres. The well has now been permanently plugged and abandoned. Well 24/9-11 S was drilled by the Transocean Arctic drilling facility, which will now proceed to drill observation well 24/6-A-6 H in production licence 088 BS on the Alvheim field, where Aker BP is the operator.

15 Jun 2017

Statoil receives consent for exploration drilling in the Barents Sea

Statoil has received consent to drill an exploration well in block 7325/4 in the Barents Sea. Well 7325/4-1 ("Gemini Nord") is in the Hoop area in the Barents Sea, around 275 kilometres from Nordkapp and 200 kilometres from Bjørnøya (Bear Island). Water depth at the site is 447 metres. The drilling is estimated to last for 19 days, and is .... [+ read more] scheduled to start in June. The well is to be drilled by Songa Enabler, which is a semi-submersible mobile drilling facility of the CAT D type. Songa Enabler was delivered by the Daewoo yard in South Korea in 2016, and is owned and operated by Songa Offshore. The facility is registered in Norway and classified by DNV GL. Songa Enabler was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2016.

7 Jun 2017

Statoil receives consent for exploration drilling in the Norwegian Sea

Statoil has received consent to drill an exploration well in block 6507/8 in the Norwegian Sea. The well is to be drilled in a prospect named Carmen in block 6507/8 at Haltenbanken. The site is 222 kilometres west of Brønnøysund in Nordland county and 10 kilometres north-east of Heidrun. A pilot well will be drilled first, down to 800 metres, to .... [+ read more] investigate if there is shallow gas in the area. Water depth at the site is 358 metres. The drilling is estimated to last for 18 days, and will begin in mid-June. The well is to be drilled by Deepsea Bergen, which is a semi-submersible drilling facility of the Aker H-3.2 type, built at Aker Verdal in 1983. It is owned and operated by Odfjell Drilling. It is classified by DNV GL and registered in Norway. Deepsea Bergen was issued with an Acknowledgement of Compliance (AoC) by the PSA in December 2001.

2 Jun 2017

Naga 2 Spuds Ophir Wells

Octanex has spudded the first of the three planned production well son the Ophir development, offshore Malaysia. Ophir A1 was spudded by UMW Naga 2 on June 2nd. THe Ophie field will be developed via three production wells, a well head platform and an FPSO. .... [+ read more]

1 Jun 2017

Stena Drilling cancels newbuilding construction contract for semi-sub Stena MidMAX

Stena Atlantic Ltd, an affiliate of Stena Drilling Ltd, has today notified the Korean shipbuilder, Samsung Heavy Industries Co Ltd (SHI), that it has exercised its right to cancel their contract for the construction of “Stena MidMAX”, a dynamically positioned harsh environment semisubmersible drilling unit. The rig was ordered in June 2013 with a delivery date in March 2016. SHI .... [+ read more] has, however, been unable to complete and deliver the unit within the contractually agreed timeframe. Under the contract terms, Stena Atlantic is entitled to reimbursement of $215.4 million in pre-delivery instalments paid to SHI, plus accrued interest. Stena Atlantic is also intending to pursue claims for compensation in respect of its costs incurred in relation to the project.

31 May 2017

Further Delivery Delay for Sevan Developer

Sevan Drilling has further delayed the delivery date of its Sevan Developer cylindrical semisub. The rig is now due to be delivered from the Cosco Nantong shipyard on the 30th June 2017. The rig was originally due to be delivered in the third quarter of 2014 but the market down turn has seen Sevan push this to the right on several .... [+ read more] occasions.

31 May 2017

Aker BP receives consent to use Transocean Arctic at Alvheim

Aker BP has received consent to use Transocean Arctic to drill two production wells on the Alvheim field. The two wells are designated 24/6-A-6 and 24/6-A-7 and are to be drilled in Boa, which is one of the four reservoirs comprising the Alvheim field. Transocean Arctic is a semi-submersible mobile drilling facility of the Marosso 56 type, built by Mitsubishi .... [+ read more] Heavy Industries in Japan in 1987. It was upgraded in 2004, is classified by DNV GL and registered in the Marshall Islands. The facility is operated by Transocean Ltd. It was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2004.

30 May 2017

Eni receives consent to use Scarabeo 8 at Goliat

Eni has received consent to use Scarabeo 8 at Goliat. The facility will drill two production wells. One of the two wells to be drilled is for oil production, while the other is for water injection. A pilot hole will be drilled first and the production well drilled as a sidetrack from this. Horizontal drilling will be used and the .... [+ read more] well has been designated 7122/7-C-1 AH. The water injection well has been designated 7122/7-H-2 H and this will entail directional drilling. Drilling is scheduled to begin on 24 June 2017. The wells are to be drilled by Scarabeo 8, which is a mobile drilling facility of the Moss CS50 MKII type, operated by Saipem Norge. It was built in Russia and Italy and commissioned in 2012. The facility is classified by DNV GL and registered in the Bahamas. Scarabeo 8 was issued with an Acknowledgement of Compliance (AoC) by the PSA in May 2012.

26 May 2017

FAN South-1 Well Spud

The Cairn operated FAN South-1 exploration well has commenced drilling. The well is being drilled in 2,139 meters of water to an expected total depth of 5,317 meters below the mudline. The Stena Drillmax drillship is completing the well. .... [+ read more]

25 May 2017

Brasse Appraisal Well Spuds

Faroe Petroleum has announced that the Brasse appraisal well (well number 31/7-2S) has commenced drilling. The Brasse field was discovered in licence PL740 in July 2016. The primary objectives of the appraisal well are to reduce uncertainty in the reserve estimates and provide more information for the development project. According to Faroe, a decision on a second Brasse appraisal well will .... [+ read more] be made later this year. The well is being drilled by Odfjell Drilling's Deepsea Bergen semisub.

24 May 2017

Hyperdynamics commences drilling operations in Guinea on the back of amended contract with Pacific Drilling

Hyperdynamics Corporation (OTCQX: HDYN) today announced that on May 21, 2017 the Pacific Scirocco drillship entered Guinea shelf waters and is commencing drilling operations as provided by the Third Amendment to the Production Sharing Contract ("PSC"), signed by the Republic of Guinea Government on April 12, 2017 and approved by President Alpha Conde on April 21, 2017. Last .... [+ read more] week, SCS Corporation, the wholly owned subsidiary of Hyperdynamics Corporation, and Pacific Drilling made effective an amendment to the drilling contract with a subsidiary of Pacific Drilling for the use of the Pacific Scirocco for mobilization for petroleum operations. The Amendment stipulates the rates and timing related to installing on the rig some drilling-related equipment, stocking up materials and supplies for the subsequent spudding of the Fatala 1 well. "We are very pleased that the rig has arrived in Guinea and has commenced drilling operations as provided by the Third Amendment to the PSC and look forward to drilling the Fatala prospect as soon as the rig gets on board additional equipment and supplies. We highly value our business relationship with both SAPETRO and Pacific Drilling," said Hyperdynamics President and Chief Executive Officer Ray Leonard.

22 May 2017

Zama-1 Spudded

Premier is pleased to announce that the Zama-1 exploration well in Block 7 (Premier equity 25 per cent) in the shallow water Sureste Basin, offshore Mexico, was spudded at 0630 on 21 May 2017. This is the first exploration well to be drilled on acreage awarded in Mexico’s first international licencing round in 2015. The well’s principal target is .... [+ read more] the low risk Zama prospect with supportive direct hydrocarbon indicators in the Tertiary clastic reservoirs. The Zama structure is estimated to have a P90-P10 gross unrisked resource range of 100-500 mmbbls. The well is expected to take up to 90 days to drill both the Zama prospect and the secondary target, Zama Deep, at a total cost to Premier of $16 million. The partners in Block 7 are Talos Energy (operator, 35 per cent), Sierra Oil and Gas (40 per cent) and Premier (25 per cent).

22 May 2017

Consent to use Bideford Dolphin at Vigdis

Statoil has received consent to use the Bideford Dolphin mobile drilling facility for production drilling at Vigdis. Statoil is to plug the B-1 AH production well on the Vigdis field. Using a sidetrack from this well, a new well is to be drilled, B-1 BH. The activities are to be undertaken using Bideford Dolphin, which is operated by Dolphin Drilling .... [+ read more] AS. Bideford Dolphin is a semi-submersible drilling facility of the Aker H-3 type, built at Aker Verdal in 1975 and modified in 1998. The facility is classified by DNV GL and registered in Singapore. Bideford Dolphin was issued with an Acknowledgement of Compliance (AoC) by the PSA in September 2004.

18 May 2017

Senegal SNE-6 Appraisal Well result

Cairn is pleased to announce the results of another successful appraisal well offshore Senegal. Rig performance continues to be excellent and operations have been safely and successfully completed ahead of schedule and under budget following drilling, logging and drill stem testing (DST). The objective of the SNE-6 well, together with the previous successful SNE-5 well, was to flow oil from .... [+ read more] one of the principal units in the upper (400 series) reservoirs and demonstrate connectivity between the two wells. Pressure data from SNE-6 immediately confirmed good connectivity with SNE-5 and accordingly a short DST was performed. SNE-6 is being plugged and abandoned and the Stena DrillMAX drill ship is moving location to commence operations at the FAN SOUTH exploration well, ~20km south west of the SNE-3 well in ~2,175m water depth. FAN SOUTH is targeting a mean prospective resource of more than 110 mmbbls with dual prospects; an Upper Cretaceous stacked multi-layer channelized turbidite fan prospect and a Lower Cretaceous base of slope turbidite fan prospect, which is equivalent to the FAN-1 2014 oil discovery.

18 May 2017

Keppel on track to deliver state-of-the-art drilling rig in Azerbaijan

Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semisubmersible drilling rig to Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR). The rig was named Heydar Aliyev at a ceremony in Azerbaijan today by the President of Azerbaijan, Ilham Aliyev. .... [+ read more] Built to Keppel FELS' proprietary DSSTM 38M design, the rig has been customised for the Caspian Sea's harsh environment condition. It is the first modern semisubmersible to be almost completely built in Azerbaijan.

17 May 2017

Topaz on Location at Bualuang

The Topaz driller is now on location at the Bualuang field, offshore Thailand. The rig will be used to drill two infill development wells and one well targeting a near-field prospect. According to an Ophir update, the three wells will be completed at a cost of US$12m. Current production (year to date) from Bualuang is averaging 8,100 barrels per day. .... [+ read more]

15 May 2017

Ayame-1X Well Result

Ophir announces that the Ayame-1X exploration well in Block 513, Cote D’Ivoire, has reached total depth of 5,394m True Vertical Depth Sub Sea. The well was targeting a number of turbidite channel complexes of Santonian and Turonian age. The prospective reservoir intervals were encountered as prognosed. Oil shows were recorded in the target reservoirs, but significant hydrocarbons were not encountered. To .... [+ read more] date the operation has been conducted without incident, having successfully drilled and cased the longest riser-less surface section in the region and reached TD in the subsequent hole section with a single bit run (another basin first). Operations are forecast to complete by the 22nd May at an estimated final cost of $20.5 million gross. Full analysis and interpretation of the data is ongoing, but the well will be plugged and abandoned as a dry hole. Ophir has a 45% operated interest in Block 513.

15 May 2017

Consent to use Mærsk Invincible at Valhall

Aker BP has received consent to use Mærsk Invincible for plugging wells at Valhall. The consent applies to the use of Maersk Invincible for permanent plugging of wells drilled from the DP. Production from Valhall DP is scheduled to end in the next few years. Three of the wells are still in production, while 18 have been shut down. Of .... [+ read more] these, 13 have been permanently plugged and abandoned, and Maersk Invincible will be used for plugging the other five. Maersk Invincible is a jack-up drilling facility owned by Maersk Drilling, Denmark. It was delivered by the Daewoo yard in South Korea in 2016, is classified by DNV GL and registered in Singapore.

12 May 2017

Dry well west of the Aasta Hansteen field in the Norwegian Sea – 6705/7-1

Repsol Norge AS, operator of production licence 705, has completed the drilling of wildcat well 6705/7-1. The well was drilled about 80 kilometres northwest of the Aasta Hansteen field in the northern part of the Norwegian Sea. The objective of the well was to prove petroleum in Upper Cretaceous reservoir rocks (Nise formation). Well 6705/7-1 encountered two reservoir intervals .... [+ read more] with a total thickness of about 200 metres of sandstone in the Nise formation with good to moderate reservoir quality. The reservoir rocks only contain weak traces of gas. The well is classified as dry. Data acquisition and sampling were carried out. This is the first exploration well in production licence 705. The licence was awarded in the 22nd licensing round in 2013. Well 6705/7-1 was drilled to a vertical depth of 3250 metres below the sea surface and was terminated in the Nise formation in the Upper Cretaceous. Water depth at the site is 1404 metres. The well has now been permanently plugged and abandoned. Well 6705/7-1 was drilled by the Transocean Spitsbergen drilling facility. Following a short break, the rig will proceed to the UK shelf to drill three wells for Statoil.

11 May 2017

Alta Appraisal Well Spudded

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of appraisal well 7220/11-4 (Alta-4) on the Alta discovery in PL609, located on the Loppa High in the southern Barents Sea. The Alta-4 well is located approximately 2 km south of the original discovery well 7220/11-1 and is .... [+ read more] the fourth well to be drilled on the Alta discovery. The main objective of the Alta-4 well is to further appraise the Alta discovery and to provide a calibration point for the drilling of a horizontal well for a possible extended well test that is being planned for 2018. The Alta discovery is estimated to contain gross contingent resources of between 125 and 400 million barrels of oil equivalents (MMboe). The Alta-4 well will be drilled by the semi-submersible drilling rig Leiv Eiriksson and is expected to take approximately 65 days. Lundin Norway is the operator of PL609 with a 40 percent working interest.

10 May 2017

Rowan Highest Bidder for Petrobras Jackups

Rowan Companies plc, through a wholly owned subsidiary, participated in the recent Petrobras public rig auction and was the high bidder for P-59 and P-60, two 2013 built LeTourneau Super 116E jack-up rigs.  While Rowan was the high bidder and is required to purchase the rigs at its bid price (US$30 million per rig), the auction results have not yet been approved by Petrobras. .... [+ read more]

10 May 2017

Brasse Appraisal Well Consent

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce that all relevant consents have been received for the drilling of an appraisal well 31/7-2S on the Brasse discovery (Faroe 50%). Faroe, as operator has entered into a contract with Odfjell Drilling for .... [+ read more] the use of the semi-submersible drilling rig, Deepsea Bergen, for the drilling operations which are expected to commence before the end of this month with the earliest spud date being on or around 18 May 2017. The Brasse discovery is located within tie-back distance to existing infrastructure: 13 kilometres to the south of the Brage field platform, in which the Company holds a 14.3% working interest and 13 kilometres to the south east of the Oseberg Field Centre. The co-venturer in the Brasse licence PL740 Faroe is Point Resources AS (50%).

9 May 2017

Audit of Transocean Arctic

We have carried out an audit of Transocean Arctic in respect of structural safety. On 4 and 5 April 2017, we carried out an audit of the Transocean Arctic mobile drilling facility in the domain of structural safety. The audit was conducted at Transocean's premises at Forus in Stavanger and addressed primarily robustness, lifecycle challenges and barriers within structures and .... [+ read more] marine systems, as well as analyses of waves on deck. The audit is founded on our main theme for 2017 – "Reversing the trend" – and in particular on the pillar of robustness. During the audit, we focused on robustness in the context of ageing mechanisms. Transocean Arctic was built in 1984 and upgraded in 2004. The facility received Acknowledgement of Compliance (AoC) in July 2004. No regulatory non-conformities were detected during the audit, though a handful of improvement points were identified. Transocean has been asked to report on how these improvement points will be assessed by 19 May 2017.

9 May 2017

Octanex Awaiting Naga 2

Octanex has announced that it expects the Naga 2 jackup to be handed over from its previous contract with Vestigo between the third and fourth week of May 2017. Following handover, the rig will be towed to the Ophir field offshore Malaysia where it will complete a three well development drilling programme. The first well is expected to spud towards the .... [+ read more] end of May.

8 May 2017

Next Well for the Murmanskaya Jackup

The Murmanskaya jackup has completed well 12/11-TN-3X and has moved onward to well number 12/11-EF- 1X. The well will be drilled to 4,723m. Drilling will take approximately 113 days. .... [+ read more]

8 May 2017

Driling on Blocl PM3, North Bunga Orkid 4, offshore Terengganu

Repsol will drill an exploration well on Block PM3, North Bunga Orkid 4, offshore Terengganu. The operator currently has the rig on sublet from Murphy Oil. According to the local authorities the well will be drilled between 15th May and 15th August 2017. The Ensco 52 is chartered by Murphy Oil from Ensco at a day rate of US$98k. The rate .... [+ read more] agreed between Murphy and Repsol has not been disclosed.

8 May 2017

Lundin receives consent for exploration drilling in the Barents Sea

Lundin has received consent to drill an exploration well in block 7220 in the Barents Sea. Lundin is the operator for production licence 609 in the Barents Sea. We have given the company consent to drill exploration well 7220/11-4 in a prospect named Alta. Drilling is scheduled to begin in May 2017 and will last 65 days. Possible well .... [+ read more] testing will be in addition. Water depth at the site is 402 metres. The well is to be drilled by Leiv Eiriksson, which is a semi-submersible drilling facility of the BINGO 9000 type, owned and operated by Ocean Rig ASA. It was built in China in 2001 and fitted out in the USA. Leiv Eiriksson was issued with an Acknowledgement of Compliance by the PSA in July 2008.

8 May 2017

Statoil receives consent to use Songa Encourage at Troll

Statoil has received consent to use Songa Encourage for drilling and completing a production well on the Troll field. We have given Statoil consent to use the Songa Encourage mobile drilling facility to drill and complete production well 31/2-O-24 on the Troll field. The well is to be drilled in a well template tied back to Troll C by a .... [+ read more] subsea pipeline. Water depth at the site is 338 metres. The drilling work is scheduled to take 71 days. Songa Encourage is a semi-submersible drilling facility of the GVA 4000 type, operated by Songa Offshore. It was built at the Daewoo yard in South Korea in 2016. It is classified by DNV GL and registered in Norway. Songa Encourage was issued with an Acknowledgement of Compliance (AoC) by the PSA in April 2017.

4 May 2017

Transocean Spitsbergen Completes Repsol Contract

Repsol has completed drilling the 6705/7-1 exploration well on production licence 705. The well was drilled by the Transocean Spitsbergen and was spudded in March 2017. The Transocean Spitsbergen has demobilised from the drill site and is currently laid-up in Norway. The rig is due to move to the UKCS to drill three exploration wells for Statoil on the Mariner, .... [+ read more] Jock Scott and Verbier licenses.

4 May 2017

Bolette Dolphin Completes Gorgon-1 in Colombia

The Bolette Dolphin has completed its two well exploration campaign in Colombia for Anadarko and is now mobilising back to West Africa. The rig will remain under contract with Anadarko until July 2018. .... [+ read more]

4 May 2017

Drilling permit for well 31/7-2 S in production licence 740

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-2 S, cf. Section 8 of the Resource Management Regulations. Well 31/7-2 S will be drilled from the Deepsea Bergen drilling facility, at position 60°24'18.17"N and 3°2'23.75"E in production licence 740. The drilling programme for well 31/7-2 S relates to the drilling of an .... [+ read more] appraisal well. Faroe Petroleum Norge AS is the operator with an ownership interest of 50 per cent, and Core Energy AS is a licensee with 50 per cent. The area in this licence constitutes a part of blocks 31/7 and 30/9. Production licence 740 was awarded in APA 2013, 7 February 2014. 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.

3 May 2017

Acknowledgement of Compliance for Maersk Invincible

On 11 April 2017, Maersk Drilling Norge AS received the PSA's Acknowledgement of Compliance for Maersk Invincible. Maersk Invincible is a jack-up drilling facility of the XLE type, built at the DSME yard in Busan, South Korea in 2016. .... [+ read more]

3 May 2017

Delineation of oil and gas discovery 7120/1-3 (Gohta) in the Barents Sea – 7120/1-5

Lundin Norway AS, operator of production licence 492, is about to complete the drilling of appraisal well 7120/1-5 on the oil and gas discovery 7120/1-3 (Gohta). The well was drilled about four kilometres north of the discovery well, about three kilometres east of appraisal well 7120/1-4 S, which was drilled in 2014, and about 17 kilometres southwest of the discovery 7220/11-1 .... [+ read more] (Alta). The discovery was proven in 2013 in Permian carbonate rocks . Before well 7120/1-5 was drilled, the resource estimate for the discovery was between 10 and 21 million standard cubic metres (Sm3) of recoverable oil and between 5 and 8 billion standard cubic metres (Sm3) of recoverable gas. The objective of the well was to delineate the northern part of the discovery 7120/1-3 (Gohta) and to investigate the reservoir quality in Permian carbonate rocks and Permian-Triassic conglomerates. Well 7120/1-5 encountered about 300 metres of carbonates in the Røye formation with poor reservoir quality. Pressure gradients were not established and the forecasted Permian-Triassic conglomerates were not encountered. The well is classified as dry, with traces of hydrocarbons. The well has not been formation tested, but extensive data acquisition and sampling have been conducted. The resource estimate for the discovery will be reduced as a result of the well. An updated resource estimate will be prepared during the year based on all new data. Development of the Gohta discovery is being considered along with the 7220/11-1 (Alta) discovery. The well result will not have any impact on the operator’s plans for further delineation of the Alta discovery. This is the third exploration well in production licence 492. The licence was awarded in APA 2007. Well 7120/1-5 was drilled to a vertical depth of 2502 metres below the sea surface and was terminated in the Røye formation in Permian. Water depth is 344 metres. The well will be permanently plugged and abandoned. The well was drilled by the Leiv Eiriksson drilling facility, which will now proceed to drill appraisal well 7220/11-4 in production licence 609 in the Barents Sea, where Lundin Norway AS is the operator.

2 May 2017

HYSY 982 Launched in China

Dalian Shipbuilding Industry Offshore has launched COSL's newbuild semisub rig, the Hai Yang Shi You 982. The rig is slated for delivery in Q4 this year / Q1 next year. The rig's work programme is yet to be announced. The HYSY 982 was ordered in October 2013 and is capable of drilling in 1,500 meters of water. .... [+ read more]

2 May 2017

Deepsea Metro I to Demobilise from Galoc Well

Nido Petroleum Limited (ASX: NDO) (“Nido” or the “Company”) on behalf of the Galoc Joint Venture advises that as at 1.00 PM (WST) on 2 May 2017 demobilisation of the rig had been completed and the Deepsea Metro I was off-hire to the Galoc Joint Venture partners. .... [+ read more]

2 May 2017

Ayamé-1X Well Spud

African Petroleum is pleased to announce that the Ayamé-1X exploration well, offshore Côte d’Ivoire, was spudded on Saturday 29 April 2017 using the Seadrill West Saturn Drillship. The well, operated by Ophir Energy, is located on the CI-513 licence. African Petroleum holds a 45% interest in the licence, with Ophir Energy holding 45% and PETROCI the remaining 10%. The Ayamé -1X .... [+ read more] well will target Santonian and Turonian turbidite channel complexes through a water depth of 2,835 metres, with planned total depth (“TD”) at 5,459 metres. The well is expected to reach TD in approximately 30 days from spud.

1 May 2017

Galoc-7ST-1 Drilling Results

Nido Petroleum Limited (ASX: NDO) (“Nido” or the “Company”), on behalf of the Galoc Joint Venture, advises that a TD of 2,569 metres MD RT (2,261 metres TVD RT) was reached in Galoc-7ST-1, which is being drilled by the Deepsea Metro I, having drilled through the Galoc Clastic Unit reservoir interval. The Deepsea Metro I is now in the process of .... [+ read more] plugging and abandoning the Galoc-7ST-1 well ahead of demobilising the rig. The objective reservoir interval for the Galoc-7ST-1 well was encountered between 2,412 to 2,561 metres MD RT (2,131 to 2,253 metres TVD RT) with a gross thickness of 122 metres and net reservoir thickness of 12 metres. The net reservoir interval consists primarily of interbedded sandstone and claystone. Preliminary Logging Whilst Drilling (“LWD”) and wireline log data which was recorded through this interval indicates the reservoir unit contains hydrocarbons. At this stage the Galoc-7ST-1 well results, in combination with the Galoc-7 results, are being evaluated by the Company and the results of both wells will be incorporated into the relevant subsurface models to assess the commerciality of a potential Phase III development.

1 May 2017

Seadrill Agrees to Sell Three Jack-ups for $225 million

Seadrill Limited ("Seadrill" or "The Company"), announces that it has reached an agreement with Shelf Drilling to sell the West Triton, West Resolute and West Mischief for a total consideration of $225 million subject to customary closing conditions. The West Triton and West Resolute are scheduled to be delivered to Shelf Drilling by the end of May 2017 and the West .... [+ read more] Mischief during 3Q 2017 after completion of its current drilling contract with NDC in Abu Dhabi. The total debt outstanding on these three units is $102 million providing excess sale proceeds of $123 million. The carrying value of the three units totals $415 million. A loss on disposal of $190 million is expected to be realized for the first quarter of 2017.

1 May 2017

Seadrill Agrees to Sell Three Jack-ups for $225 million

Seadrill Limited ("Seadrill" or "The Company"), announces that it has reached an agreement with Shelf Drilling to sell the West Triton, West Resolute and West Mischief for a total consideration of $225 million subject to customary closing conditions. The West Triton and West Resolute are scheduled to be delivered to Shelf Drilling by the end of May 2017 and the West .... [+ read more] Mischief during 3Q 2017 after completion of its current drilling contract with NDC in Abu Dhabi. The total debt outstanding on these three units is $102 million providing excess sale proceeds of $123 million. The carrying value of the three units totals $415 million. A loss on disposal of $190 million is expected to be realized for the first quarter of 2017.

1 May 2017

Seadrill Agrees to Sell Three Jack-ups for $225 million

Seadrill Limited ("Seadrill" or "The Company"), announces that it has reached an agreement with Shelf Drilling to sell the West Triton, West Resolute and West Mischief for a total consideration of $225 million subject to customary closing conditions. The West Triton and West Resolute are scheduled to be delivered to Shelf Drilling by the end of May 2017 and the West .... [+ read more] Mischief during 3Q 2017 after completion of its current drilling contract with NDC in Abu Dhabi. The total debt outstanding on these three units is $102 million providing excess sale proceeds of $123 million. The carrying value of the three units totals $415 million. A loss on disposal of $190 million is expected to be realized for the first quarter of 2017.

30 Apr 2017

Al Lulu Jackup Delivered

Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the energy industry, announces the completion of construction on the final jackup drilling rig in a series of nine, the “Al Lulu”, and its delivery to Abu Dhabi’s National Drilling Company (“NDC”), within budget and as scheduled. The contract for the NDC “Al Lulu” rig was awarded in .... [+ read more] April 2015, one of only three rig orders awarded that year. All nine rigs have been designed according to the Cameron LeTourneau Super 116E (Enhanced) Class design and were completed to the highest standards of quality using the latest in drilling system technology. Completion and delivery of the jackup rig was marked at an inauguration ceremony held at Lamprell’s Hamriyah facility in the UAE on 27 April and the rig will depart to its drilling location in Abu Dhabi shortly. Rig "Al Lulu" is the 21st 116E jackup drilling unit that Lamprell has delivered since its listing in 2006 and the 28th jackup drilling rig in total.

26 Apr 2017

West Capricorn to Return to Service

BP has notified Seadrill Partners to prepare the West Capricorn for a return to operational service. The West Capricorn semisub was down-manned and placed on extended standby in May 2016. The rig will remain on standby rate until July 1st, 2017. The rig is currently located in the US Gulf. Before being laid-up the rig was working on BP's Constellation (formerly .... [+ read more] Hopkins) discovery.

24 Apr 2017

CHC Wins Contract with Providence Resources PLC

CHC Group (the "Company" or "CHC") today announced it has signed a new contract with Providence Resources plc ("Providence") to provide helicopter services in support of its Exploration well program on the Druid/Drombeg prospect in Frontier Exploration Licence 2/14 of the southern Porcupine Basin, Offshore Ireland, some 215 kilometers off the southwest coast of Ireland. The contract will see a dedicated .... [+ read more] Sikorsky S-92 flying out of Cork Airport beginning this June and will once again see CHC work in conjunction with Lloyd’s Register ("LR") as the wells project management company."We are delighted that Providence and LR have, once again, selected CHC as its aviation partner," said Mark Abbey, CHC Regional Director for Europe, Middle East and Africa (EMEA). "With our extensive experience transporting offshore workers in the oil and gas industry, dedication to safety, and reputation for the highest quality service, we look forward to building on our relationship with the Providence team in Ireland,""This is a great continuation of our relationship with both Providence and LR," added Karl Fessenden, President and CEO of CHC Helicopter. "We look forward to supporting this operation and providing the global standards for safety, logistical support and efficiency that customers around the world expect from CHC."

24 Apr 2017

Delineation of the Edvard Grieg field in the North Sea – 16/1-27

Lundin Norway AS, operator of production licence 338, has completed the drilling of appraisal well 16/1-27 on the Edvard Grieg oil field in the central part of the North Sea. The well was drilled about three kilometres southwest of the Edvard Grieg platform. The field was proven in the autumn of 2007, and consists of Cretaceous and Jurassic/Triassic reservoir rocks. .... [+ read more] Before well 16/1-27 was drilled, the operator’s resource estimate for the field was 35 million standard cubic metres (Sm3) of recoverable oil equivalents. The objective of the well was to investigate the scope of the field, its reservoir properties and total oil column in the southwestern part of the Edvard Grieg field. The objective also included optimising the drainage strategy in order to ensure the best possible placement of development wells in this area. Well 16/1-27 encountered a total oil column of 15 metres in Cretaceous and Triassic/Jurassic sandstone with very good reservoir quality. Overall, the sandstone interval was 94 metres, an increase from 38 metres expected before the well. The oil/water contact was encountered 1948 metres below the sea surface, which is nine metres deeper than the contact in the other part of the Edvard Grieg field. Extensive data acquisition and sampling have been carried out. Preliminary calculations shows that the results from the well can lead to an increase of between 1.6 to 4.8 million standard cubic metres (Sm3) of recoverable oil in this part of the Edvard Grieg field. Further work is expected to reduce the uncertainty in this estimate. The results have provided valuable information with regard to final placement of production and water injection wells. 16/1-27 is the 11th exploration well in production licence 338 and the eighth exploration well on Edvard Grieg. The licence was awarded in APA 2004. Appraisal well 16/1-27 was drilled to a vertical depth of 2229 metres below the sea surface and was terminated in granitic basement. The well has been permanently plugged and abandoned. The well was drilled by the Island Innovator drilling facility.

20 Apr 2017

Statoil receives consent for exploration drilling in the Barents Sea

Statoil has received consent to drill an exploration well in block 7219 in the Barents Sea. Statoil is the operator for production licence 532 in the Barents Sea and has received consent to drill exploration well 7219/9-2 in a prospect named Kayak. The drilling site is 198 kilometres north-west of Sørøya in Finnmark and around 140 kilometres north-west of Goliat. Water .... [+ read more] depth at the site is 336 metres. Drilling is scheduled to begin in April 2017 and is scheduled to last 27 days. The well will be drilled using the Songa Enabler mobile drilling facility, which is owned and operated by Songa Offshore. Songa Enabler is a semi-submersible facility of the CAT D type, built at the Daewoo yard in South Korea in 2016. It is classified by DNV GL and registered in Norway.

11 Apr 2017

Edvard Grieg appraisal well completed

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the Edvard Grieg Southwest appraisal well 16/1-27. The appraisal well 16/1-27 in PL338 on the Edvard Grieg field is located on the southwestern flank of the field targeting additional resources. The well was drilled 3 km west of the Edvard .... [+ read more] Grieg platform. The objective of the well was to appraise the southwestern flank of the field in order to optimise the drainage strategy and to prove additional resources. The well encountered a 15 metres gross oil column in a 94 metres thick sandstone reservoir compared to the pre-drill estimate of 38 metres thickness. The top reservoir was encountered deeper than prognosed with excellent reservoir quality that was better than expected. The oil water contact was encountered at 1,948 metres below mean sea level 9 metres deeper than the established contact in this part of the Edvard Grieg field. Pressure data confirms communication with the Edvard Grieg field. Extensive data acquisition was carried out in the reservoir including conventional coring and fluid sampling. The well results confirm a preliminary resource upside for this part of the Edvard Grieg field in the order of 10 to 30 MMboe. The final implication for total reserves for the Edvard Grieg field will be quantified in the 2017 year end reserves update. The well was drilled using the semi-submersible drilling rig Island Innovator and will be permanently plugged and abandoned. Lundin Norway is the operator of PL338 and holds a 65 percent working interest. The partners are OMV Norge AS with 20 percent and Wintershall Norge AS with 15 percent working interest.

10 Apr 2017

Construction Delay

Northern Offshore Ltd. (“NOF”), a company incorporated and having its registered offices in Bermuda, is currently building two (2) LeTourneau Super 116E jack-up drilling rigs at COSCO (Dalian) Shipyard Company Ltd.’s (“Builder”) shipyard in Dalian, China. NOF wishes to announce that NOF and Builder have mutually agreed to further extend the rig technical acceptance date of its first Rig, Energy .... [+ read more] Engager (Hull No. N610) to the end of September 2017 and the second Rig, Energy Encounter (Hull No. N611) to the end of March 2018. NOF and Builder also agreed to delay contract delivery of the Energy Engager and Energy Encounter until a future date determined by mutual agreement. These extensions were agreed upon taking into account the current unfavourable international oil and gas market conditions.

10 Apr 2017

Construction Delay

Northern Offshore Ltd. (“NOF”), a company incorporated and having its registered offices in Bermuda, is currently building two (2) LeTourneau Super 116E jack-up drilling rigs at COSCO (Dalian) Shipyard Company Ltd.’s (“Builder”) shipyard in Dalian, China. NOF wishes to announce that NOF and Builder have mutually agreed to further extend the rig technical acceptance date of its first Rig, Energy .... [+ read more] Engager (Hull No. N610) to the end of September 2017 and the second Rig, Energy Encounter (Hull No. N611) to the end of March 2018. NOF and Builder also agreed to delay contract delivery of the Energy Engager and Energy Encounter until a future date determined by mutual agreement. These extensions were agreed upon taking into account the current unfavourable international oil and gas market conditions.

7 Apr 2017

Drilling permit for well 24/9-11 S in production licence 150 B

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 24/9-11 S, cf. Section 8 of the Resource Management Regulations. Well 24/9-11 S will be drilled from the Transocean Arctic drilling facility, at position 59°29’6.79’’ north and 01°50’7.65” east. The drilling programme for well 24/9-11 S relates to the drilling of a wildcat well in production .... [+ read more] licence 150 B. Aker BP ASA is the operator with an ownership interest of 65 per cent, while Lundin Norway AS is a licensee with an ownership interest of 35 per cent. Production licence 150 B was awarded in 2011 (APA 2010). The area in this production licence is located in the central part of the North Sea, and consists of parts of block 24/9, which borders on the UK shelf. The well will be drilled southwest of the 24/9-5 Volund field. This is the first well to be drilled within the production licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

7 Apr 2017

Drilling permit for wellbore 7121/8-1 in production licence 849

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7121/8-1, cf. Section 8 of the Resource Management Regulations. Wellbore 7121/8-1 will be drilled from the Songa Enabler drilling facility, at position 71°25'43.86" N and 21°38'26.5" E after completing the drilling of production well 7121/4-F-3 H for Statoil Petroleum AS in production licence PL 099 on the .... [+ read more] Snøhvit field. The drilling programme for wellbore 7121/8-1 relates to the drilling of a wildcat well in production licence 849. Statoil Petroleum AS is the operator with an ownership interest of 50 per cent. The other licensees are Eni Norge AS (30 per cent) and Petoro AS (20 per cent). The area in this licence consists of a small part of block 7121/7 and parts of blocks 7121/8, 7121/9 and 7122/7. The well will be drilled about 25 kilometres southeast of the Snøhvit field. Production licence 849 was awarded on 5 February 2016 in APA 2015. This is the first well to be drilled in 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 Apr 2017

Rig Delivery

Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce the completion of the “Shelf Drilling Krathong” jackup drilling rig and its delivery to Shelf Drilling Ltd. (“Shelf Drilling”), on schedule and within budget. The rig will sail within the next few days for deployment by the client at its drilling .... [+ read more] location, offshore Thailand. The Shelf Drilling Krathong rig has been designed and constructed to the same high quality specifications as its sister rig, the “Shelf Drilling Chaopraya”, which was delivered to Shelf Drilling in September 2016. The LeTourneau Super 116E (Enhanced) Class rig features high specification offshore drilling technology, as well as accommodation for up to 160 people.

5 Apr 2017

Vantage Drilling International Announces Acquisition

Vantage Drilling International ("Vantage"), announced today that its subsidiary, Vantage Drilling Africa, has acquired the Hercules 260, a Marathon LeTourneau Class jack-up drilling unit, from Hercules International Drilling, Ltd., a subsidiary of Hercules Offshore, Inc., for an undisclosed amount and has renamed the rig the Vantage 260. As part of the acquisition, Vantage Drilling Africa acquired a multi-year drilling contract with .... [+ read more] ENI Congo. Vantage is reactivating the Sapphire Driller, a Baker Marine Pacific Class 375 jack-up rig currently warm-stacked offshore of the Republic of Congo, and later this year will substitute it for the Vantage 260. Ihab Toma, Vantage's Chief Executive Officer, commented, "We are delighted to have completed this transaction and are happy to welcome the 260 team to Vantage. We look forward to continuing the excellent operations for ENI Congo."

5 Apr 2017

Eni makes a new gas and condensates discovery offshore Libya

Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya. The discovery, made through the well B1 16/3, is located 15km south west of the Bouri field and 5km north of the Bahr Essalam field. The drilling of the Gamma prospect is part .... [+ read more] of the “near field” exploration strategy of Eni, targeting opportunities, that in case of success can exploit synergies with existing infrastructures reducing the time to market and providing additional gas to the local market and export. The well, drilled in 150 metres of water depth, reached a total depth of 2,981 metres (9,780 feet) and encountered gas and condensates in the Metlaoui Group of Eocene age. The well has the capacity to deliver, in production configuration, in ecxess of 7,000 Boepd and represents a further discovery made by Eni in Libyan offshore Area D, following the discoveries made in 2015. Eni, through its subsidiary Eni North Africa BV, is operator of Contract Area D with a 100% working interest in the exploration phase. Eni has been present in Libya since 1959 and currently produces 350,000 barrels of oil equivalent per day in equity in the country.

4 Apr 2017

CHC Announces New Contract with Faroe Petroleum

CHC Group (the "Company" or "CHC") today announced it has been awarded a new contract with Faroe Petroleum to provide helicopter services in support of their exploration drilling program at the Brasse Field in the North Sea."We are excited to work with Faroe Petroleum as their aviation partner in this project," said Arne Roland, CHC Regional Director for Nordic Countries, Eastern .... [+ read more] Europe, Caspian and Canada (NECC). "This project allows us to continue to build on our decades of experience supporting oil and gas customers in the Norwegian Continental Shelf as we continue to evolve our services and technology to best meet their needs."The operation will begin in summer 2017, flying from CHC's base in Bergen using a Sikorsky S-92, which has a proven safety and availability record, reaching more than one million fleet hours of service in 2016.Faroe Petroleum’s drilling program is expected to last for an initial period of approximately 70 days and the contract includes an option to extend CHC’s services beyond this initial period."CHC is proud to continue a safe and reliable transportation offering to customers in and around the North Sea," said Karl Fessenden, President and CEO of CHC Helicopter. "We look forward to helping Faroe Petroleum meet their transportation needs throughout this project and are eager to start flying on their behalf upon project commencement later this year."

28 Mar 2017

Drilling permit for well 7220/11-4 in production licence 609

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/11-4, cf. Section 8 of the Resource Management Regulations. Well 7220/11-4 will be drilled from the Leiv Eiriksson drilling facility at position 72°2' 27.56" north and 20°33' 8.1" east. The drilling programme for well 7220/11-4 relates to the drilling of an appraisal well in production licence .... [+ read more] 609. Lundin Norway AS is the operator with an ownership interest of 40 per cent, the other licensees are Idemitsu Petroleum Norge AS with 30 per cent and DEA Norge AS with 30 per cent. The area in this licence consists of the blocks/part of blocks 7220/6, 7220/9, 7220/11, 7220/12 and 7221/4. The well will be drilled about two kilometres south of the discovery well 7220/11-1 in production licence 609. Production licence 609 was awarded in the 21st licensing round in 2011. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

23 Mar 2017

Statoil receives consent for exploration drilling in block 7121

Statoil has received consent to drill exploration well 7121/8-1 in the Barents Sea. Statoil has received consent to drill exploration well 7121/8-1 in production licence 849. The well is to be drilled in a prospect named Blåmann. The drill site is in 376 metres of water, around 113 kilometres north-west of Hammerfest and 25 kilometres from Goliat. The drilling work .... [+ read more] is scheduled to take 25 days. The consent also covers drilling of a possible sidetrack, with the designation 7171/8-1A, which will take 13 days. The well is to be drilled by Songa Enabler, which is a semi-submersible drilling facility of the CAT D type. It was delivered by the Daewoo yard in South Korea in 2016, is registered in Norway and classified by DNV-GL. Songa Offshore received Acknowledgement of Compliance (AoC) for the facility from the PSA in July 2016.

20 Mar 2017

Borr Drilling Intends to Acquire 15 High-Specification Jackup Rigs from Transocean

Borr drilling Limited is pleased to announce the signing of a letter of intent with Transocean for the acquisition of 15 high-specification jack-up rigs. The transaction consists of Transocean's entire jack-up fleet, comprising 10 rigs in Transocean's fleet and 5 new-builds under construction at Keppel Fels Limited. Total consideration for the transaction is expected to be approximately USD 1.35 bn and .... [+ read more] includes remaining contract backlog and remaining yard instalments to Keppel Fels for the five new-builds. The board of directors of Keppel Fels has pre-approved the novation of the new-building contracts. A deposit has in line with what has been agreed between the parties been paid from Borr to Transocean. Borr has secured financing for the transaction through a private placement of equity securities. The transaction is subject to the parties executing definitive agreements and satisfying formal closing conditions, including a final approval from the boards of directors of both companies. The completion of the transaction is expected to take place before the end of may 2017.

16 Mar 2017

Dry well northwest of the 7220/8-1 Johan Castberg discovery in the Barents Sea – 7318/12-2

Eni Norge AS, operator of production licence 716, has completed the drilling of wildcat well 7318/12-2. The well, which was drilled about 80 km northwest of the 7220/8-1 Johan Castberg discovery in the Barents Sea, is dry. The primary exploration target for the well was to prove petroleum in Middle and Lower Jurassic reservoir rocks (Stø and Nordmela formations). .... [+ read more] The secondary exploration target for the well was to prove petroleum in Upper Triassic reservoir rocks (Fruholmen and Snadd formations). Drilling to secondary exploration targets was contingent upon discoveries in the primary exploration target. Well 7318/12-2 encountered about 60 metres of dense sandstone rocks in the Stø og Nordmela formations. Data has been acquired, and samples were taken. This is the first exploration well in production licence 716. The licence was awarded in 2013 in the 22nd licensing round. Well 7318/12-2 was drilled to a vertical depth of 3501 metres below the sea surface and was terminated in the Nordmela formation in the Lower Jurassic. Water depth is 418 metres. The well will be permanently plugged and abandoned. Well 7318/12-2 was drilled by Scarabeo 8, which will now drill a development well on the Goliat field in the Barents Sea, where Eni Norge AS is the operator.

15 Mar 2017

Boné Exploration Well Results

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces that drilling has reached target depth on the7183/12-2 Boné exploration well in the Barents Sea (Faroe 20%). The Boné well has been drilled to a total depth of 3,501 metres. The well encountered approximately 106 metres of gross .... [+ read more] water bearing reservoir in the primary target, the Realgrunnen Group. Data acquisition and sampling has been undertaken including logging and water sampling. The Boné exploration well was operated by Eni using the Scarabeo 8 drilling rig and is now being plugged and abandoned as planned. Licence PL716 was awarded to Faroe in June 2013 in the Norwegian 22nd Licensing Round together with co-venturers Eni Norge AS (30% and operator), Bayerngas Norge AS (20%), Petoro AS (20%) and Point Resources AS (10%).

14 Mar 2017

Wärtsilä to optimise performance and uptime of four Songa Offshore drilling rigs

The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible drilling rigs operating in the North Sea. Through the partnership with Wärtsilä, Songa Offshore ensures optimal performance and maximum availability of the Wärtsilä engines and thrusters on board the drilling rigs, which operate in extremely harsh conditions. This is possible .... [+ read more] with real-time knowledge of the actual condition of the equipment, provided by Wärtsilä’s digital offering. Under the agreement, signed in December 2016, Wärtsilä offers Songa Offshore dynamic maintenance planning and inspections, real-time condition monitoring of engines and thrusters as well as equipment analysis reports. Improved maintenance scheduling leads to better predictability and improved cost efficiency. The agreement concerns four of the customer’s rigs: Songa Equinox, Songa Encourage, Songa Endurance and Songa Enabler. Each rig is equipped with six Wärtsilä 32 engines. Two of the rigs have six Wärtsilä FS3500 steerable thrusters, and two have six Wärtsilä FS3510 steerable thrusters. The rig type is designed for efficient year-round drilling, completion, testing and intervention operations in harsh conditions. “We are very excited about this first long-term service agreement with Songa Offshore. With our expertise, we ensure that Songa Offshore’s rigs can reach their full performance in the harsh environment of the North Atlantic basin,” says Cato Esperø, Sales Director, Wärtsilä Norway.

13 Mar 2017

Seadrill Limited Announces Settlement of West Mira Arbitration

Seadrill Limited ("Seadrill" or "the Company") announces today that it has reached a settlement agreement with Hyundai Samho Heavy Industries Co Ltd. ("HSHI") in relation to the West Mira ("the Unit") arbitration. Seadrill will receive a cash payment of $170 million in March 2017 as full settlement of the dispute. Arbitration proceedings began in October 2015 following the cancellation of .... [+ read more] the construction contract for the West Mira and were expected to conclude during the first half of 2018. This settlement agreement brings an early conclusion to the arbitration process. The Company will take a non-cash impairment of approximately $44 million to reflect the difference between the carrying value of the West Mira receivable and the cash payment to be received. As part of this settlement, Seatankers, a related party, has purchased the West Mira from HSHI. Seatankers is an asset holding company and is not expected to engage in offshore drilling activities in competition with Seadrill. The Company expects to execute an agreement with Seatankers for the commercial and technical management of the West Mira as well as a right of first refusal for purchase of the Unit.

10 Mar 2017

Minor gas discovery east of the Alve field in the Norwegian Sea – 6507/3-12 and 6507/3-12 A

Statoil Petroleum AS, operator of production licence 159 B, has completed the drilling of wildcat well 6507/3-12 and appraisal well 6507/3-12 A. The wells proved gas. The wells were drilled about six kilometres east of the Alve field in the northern part of the Norwegian Sea and about 200 kilometres west of Sandnessjøen. The primary exploration target for wildcat well .... [+ read more] 6507/3-12 was to prove petroleum in Middle Jurassic reservoir rocks (Garn and Not formations). The secondary exploration target was to prove petroleum in Middle Jurassic reservoir rocks (Ile formation). Another goal was to collect geological data if Cretaceous sandstone rocks were present. The primary target for appraisal well 6507/3-12 A was to delineate the Cretaceous gas discovery (Lysing formation). Well 6507/3-12 encountered a total gas column of about 7 metres in a Late Cretaceous sandstone layer with good reservoir properties. In the primary and secondary exploration targets, the well encountered about 30-metres of aquiferous sandstone in the Garn and Not formations, and about 65 metres of aquiferous sandstone in the Ile and Tofte formations, all with good to moderate reservoir properties. Well 6507/3-12 A was stopped due to technical issues regarding presumed gas-filled sandstone, and no further attempts were made to drill the appraisal well. Preliminary estimations place the size of the discovery between one and five billion standard cubic metres (Sm3) of recoverable gas. The licensees will assess the discovery along with other nearby discoveries/prospects with regard to a possible development. Well 6507/3-12 was not formation-tested, but data has been collected and samples were taken. These are the third and fourth exploration wells in production licence 159 B. The licence was carved out of production licence 159 on 13 August 2004. Well 6507/3-12 was drilled to a vertical depth of 3428 metres below the sea surface, and was terminated in the Tofte formation in the Early Jurassic. Well 6507/3-12 A was drilled to a vertical depth of 2529 metres below the sea surface and was terminated in the Springar or Nise formation in the Late Cretaceous. Water depth is 381 metres. The wells will be permanently plugged and abandoned. Wells 6507/3-12 and 6507/3-12 A were drilled by the Deep Sea Bergen drilling facility, which will now proceed to the Åsgard field in the Norwegian Sea to complete production well 6506/12-S-4 BH.

7 Mar 2017

Consent to use Songa Enabler at Snøhvit

Statoil has received consent to use Songa Enabler for drilling a production well at Snøhvit. Snøhvit is a gas field in the Barents Sea north-west of Hammerfest. Statoil is the field's operator. Snøhvit has been developed using a subsea production facility. The gas is transported onshore through a 143-kilometre-long pipeline to Melkøya, off Hammerfest. Production at Snøhvit began in 2007. .... [+ read more] On 15 July 2016, Statoil received consent to use the Songa Enabler mobile drilling facility to drill three wells on the field. We have now given Statoil consent to drill a fourth well using the same facility. The well is to be drilled in the same well template as two of the first wells. The well template is in 318 metres of water. Drilling is scheduled to begin in mid-march 2017 and will last 65 days. Songa Enabler is a semi-submersible drilling facility of the CAT D type. It was delivered by the Daewoo yard in South Korea in 2016, is registered in Norway and classified by DNV-GL. Songa Enabler was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2016.

2 Mar 2017

Repsol receives consent for exploration drilling

Repsol has received consent to drill exploration well 6705/7-1 in the Norwegian Sea. Repsol Norge AS (Repsol) is the operator for production licence 705 in the Norwegian Sea. The PSA has given Repsol consent to drill exploration well 6705/7-1 in a prospect named Stordal. The drilling site is in the deep-water section of the Norwegian Sea, around 395 kilometres west .... [+ read more] of Bodø. Water depth at the site is 1410 metres. Drilling is scheduled to start in early March and to last 33 days, or 48 days if a discovery is made. The well is to be drilled by Transocean Spitsbergen, which is a semi-submersible drilling facility of the Aker H-6e type, owned and operated by Transocean Offshore Ltd. It was built at the Aker Stord yard in 2009, is registered in the Marshall Islands and classified by DNV GL. Transocean Spitsbergen received a new Acknowledgement of Compliance from the PSA in November 2012 following a change of ownership.

2 Mar 2017

Aker BP receives consent to drill an exploration well at Volund

Aker BP has received consent to drill exploration well 24/9-11S on the Volund field. The well is to be drilled by Transocean Arctic. Aker BP ASA (Aker BP) is the operator of the Volund field, in the North Sea, around 220 kilometres west of Tananger in Rogaland county. Volund is an oil field that has been developed using a subsea facility .... [+ read more] tied back to the Alvheim FPSO unit. The PSA has given Aker BP consent to drill an exploration well with the designation 24/9-11S on the field. The consent also covers a potential sidetrack. The object of the drilling is to investigate the potential of a formation 7.5 kilometres west of the subsea facility at Volund. Water depth at the site is 122 metres. The drilling work is scheduled to take 28 days. Any potential sidetrack will be in addition to this. Drilling is to be performed using the Transocean Arctic mobile drilling facility, which is owned and operated by Transocean Ltd. Transocean Arctic was built in 1987 by Mitsubishi Heavy Industries in Japan. The facility was upgraded in 2004 and received Acknowledgement of Compliance (AoC) from the PSA in July of that year. It is registered in the Marshall Islands and classified by DNV GL.

1 Mar 2017

Drilling permit for well 6507/3-12 A in production licence 159 B

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6507/3-12 A, cf. Section 8 of the Resource Management Regulations. Well 6507/3-12 A will be drilled with the Deepsea Bergen drilling facility at position 65°58' 3.93" north and 7°56' 1.64" east. The drilling program for well 6507/3-12 A relates to the drilling of an appraisal well .... [+ read more] in production licence 159 B. Statoil Petroleum AS is the operator with an ownership interest of 85 per cent. The other licensee is Dong E&P Norge AS with 15 per cent. The area in this licence is part of block 6507/3. The well will be drilled about 11 kilometres southwest of the Norne field. Production licence 159 was awarded in licensing round 12 Part B on the Norwegian shelf, and production licence 159 B was carved out on 13 August 2004. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activity.

24 Feb 2017

Island Innovator has left Hanøytangen

Semco Maritime, Norway has completed the upgrade project on the rig Island Innovator. The rig left the Semco Maritime yard at Hanøytangen on Friday 24 February. It has been in the yard since September 2016. After various modification and service work the rig will now mobilize to the Edvard Grieg field in the Norwegian part of the North Sea to .... [+ read more] work for Lundin Petroleum, drilling for 16/1-27 appraisal well for 30 to 35 days. During the yard stay the 5-year SPS (Special Periodic Survey) classification has been performed on the rig. Besides that an extensive airgap project has been carried out, including blinding of 64 windows and watertight doors. The semi-submersible rig, which was built in 2012, has also undergone contractual specific modification scopes. “It has been a pleasure working together with the Island Drilling organisation and the Oddfjell project team”, says Nikolaj Vejlgaard, Vice President of operations at Semco Martime. He adds, “we are proud to have completed another rig upgrading project for a satisfied client and look forward to continuing the cooperation with Island Drilling and Odfjell”. With the facilities at Hanøytangen Semco Martime offers one of the most versatile yards, which has the deepest dry dock in Europe with a depth of 17 meter and an ultra-deep-water quayside facility with a water depth of more than 90 meter.

23 Feb 2017

Drilling permit for well 6705/7-1 in production licence 705

The Norwegian Petroleum Directorate has granted Repsol Norge AS a drilling permit for well 6705/7-1, cf. Section 8 of the Resource Management Regulations. Well 6705/7-1 will be drilled by the Transocean Spitsbergen drilling facility at position 67°15'5.14" north and 5°10'29.12" east, after completing the drilling of wildcat well 205/23-3a on the British side for Hurricane. The drilling programme for well .... [+ read more] 6705/7-1 relates to the drilling of a wildcat well in production licence 705. Repsol Norge AS is the operator with an ownership interest of 40 per cent. The other licensees are DEA Norge AS with 30 per cent and M Vest Energy AS with 30 per cent. The area in this licence consists of blocks 6705/8 and 6705/9, in addition to parts of blocks 6705/7 and 6705/10. The well will be drilled about 330 kilometres west of Bodø. Production licence 705 was awarded on 21 June 2013 (22nd licensing round). This is the first well to be drilled in the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing the drilling activities.

17 Feb 2017

Newbuild Jackup Delivered to National Drilling Company

Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the energy industry, announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”, and its delivery to Abu Dhabi’s National Drilling Company (“NDC”), within budget and as scheduled. Completion and delivery of the jackup rig was marked at an inauguration ceremony held at Lamprell’s .... [+ read more] Hamriyah facility in the U.A.E. yesterday. The rig was completed to the highest standards of quality using the latest in drilling system technology from our suppliers and will depart the facility in Q1 en route to its drilling location in Abu Dhabi. The contract for the NDC “Al Hudairiyat” rig was signed in November 2014 and this is the eighth rig in a series of nine being built and delivered by Lamprell to NDC. All nine rigs have been designed according to the Cameron LeTourneau Super 116E (Enhanced) Class design. The remaining rig is proceeding on schedule and will be delivered as planned in 1H 2017.

13 Feb 2017

New Build Delivery

On Feb 13th, “Bluewhale 1”, the most advanced ultra-deep-water semisubmersible drilling rig, built by Yantai CIMC Raffles Offshore Limted (referred to as “CIMC Raffles”), was named and delivered in Yantai. As the first turnkey project in Chinese offshore ultra deepwater field, “Bluewhale 1” will be operated by CPOE together with Bluewhale to carry out the offshore energy exploration. .... [+ read more]

13 Feb 2017

Rig Delivered

“Blue Whale One”, a semi-submersible drilling platform manufactured by Yantai CIMC Raffles Offshore Limited (CIMC Raffles), was named and delivered to the project owner at Yantai on February 13, 2017. Equipped with two drilling towers, the platform is the most advanced semi-submersible drilling platform on earth, breaking the world’s records for the operating depth and drilling depth. In the meantime, .... [+ read more] it is the first “turn-key project” completed by a Chinese shipbuilder in the ultra-deep water field, making it a milestone in the nation’s offshore engineering sector. The platform will be jointly operated by Blue Whale and CNPC Offshore Engineering Company Limited (CPOE) for ocean energy exploration according to a previously signed service agreement between the two sides.

13 Feb 2017

Oil discovery in the Filicudi prospect in the southern Barents Sea

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil and gas discovery in the main well 7219/12-1 and is presently drilling a sidetrack 7219/12-1A on the Filicudi prospect. The wells are located in PL533 approximately 40 km southwest of Johan Castberg and 30 km northwest of the .... [+ read more] Alta and Gohta discoveries on the Loppa High in the southern Barents Sea. The main objective of the well was to prove oil in Jurassic and Triassic sandstone reservoirs. The well encountered a gross 129 metres hydrocarbon column of high quality sandstone reservoir characteristics, with 63 metres of oil and 66 metres gas in the Jurassic and Triassic targets. Extensive data acquisition and sampling has been carried out including coring, logging and oil and gas sampled from the wireline tools. The sidetrack well has reached total depth and has confirmed the reservoir and hydrocarbon column. The gross resource estimate for the Filicudi discovery is between 35 and 100 million barrels of oil equivalents (MMboe). Well results indicate significant upside potential that require further appraisal drilling. Filicudi is on trend with the Johan Castberg discovery, with resources of approximately 500 MMboe, in similar reservoir intervals. Multiple additional prospects have been identified on the Filicudi trend within PL533 with total gross unrisked prospective resource potential for the trend of up to 700 MMboe. The partnership is considering the drilling of up to two additional prospects in 2017. There are two independent high graded prospects within PL533, Hufsa containing gross unrisked prospective resources of 285 MMboe and Hurri with gross unrisked prospective resources of 218 MMboe. The success at Filicudi has reduced the risk and both prospects carry a 25 percent chance of success. The semisubmersible drilling rig Leiv Eiriksson will after completion of the well on the Filicudi prospect in PL533 move to the Gohta discovery in PL492 to drill a second delineation well on this discovery. Lundin Norway is the operator of both PL533 and PL492 and holds a 35 percent and 40 percent working interest in these respective licences.

10 Feb 2017

Ocean Rig Athena On Route to Greece

Ocean rig has reached an agreement with ConocoPhillips to terminate the contract on the Ocean Rig Athena. ConocoPhillips will pay a termination fee as part of the termination agreement. The Ocean Rig Athena has now left Las Palmas and is on route to Greece where the rig will be cold stacked. .... [+ read more]

8 Feb 2017

Drilling permit for well 16/1-27 in production licence 338

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-27, cf. Section 8 of the Resource Management Regulations. Well 16/1-27 will be drilled from the Island Innovator drilling facility, at position 58°50’18.11” north and 2°11’56.83” east, in a southwesterly extension of the Edvard Grieg field in the central part of the North Sea. The drilling .... [+ read more] programme for well 16/1-17 relates to the drilling of an appraisal well on Edvard Grieg in production licence 338. Lundin Norway AS is the operator with an ownership interest of 65 per cent. The other licensees are OMV (Norge) AS with 20 per cent, and Wintershall Norge AS with 15 per cent. The area in this licence consists of part of block 16/1. The well will be drilled about 3 kilometres west of the Edvard Grieg platform. Production licence 338 was awarded on 17 December 2004 (APA 2004). This is the 11th exploration well to be drilled in the licence area and the 8th exploration well on the Edvard Grieg field. The permit is contingent upon all other permits and consents required by other authorities being granted before drilling activities commence.

3 Feb 2017

Gas discovery on the Valemon field in the North Sea – 34/11-6 S

Statoil Petroleum AS, operator of production licence 193 D, has concluded the drilling of wildcat well 34/11-6 S. The well was drilled from the Valemon facility, 160 km northwest of Bergen. The objective of the well was to prove petroleum in the Middle Jurassic (the Brent group). The well encountered two gas columns of about 80 and 35 metres in .... [+ read more] the Tarbert and Ness formations, respectively. There were 50 metres of sandstone with moderate to good reservoir quality in the Tarbert formation and 10 metres of sandstone with poor reservoir quality in the Ness formation. Preliminary estimates place the size of the discovery between 3 - 8 million standard cubic metres (Sm3) of recoverable oil equivalents. The well will be completed and will start production from the Valemon facility. Data acquisition was carried out. This is the first exploration well in production licence 193 D. Well 34/11-6 S was drilled to a vertical depth of 4337 metres below the sea surface, and was terminated in the Drake formation in the Lower to Middle Jurassic. Water depth at the site is 133 metres. Well 34/11-6 S was drilled by the West Elara drilling facility, which is permanently stationed at the Valemon facility.

31 Jan 2017

Eni successfully appraises Merakes discovery offshore Kalimantan, Indonesia

Eni successfully drilled and tested Merakes 2, the first appraisal well of the Merakes discovery under the Production Sharing Contract (PSC) in East Sepinggan. The block is located in the prolific offshore Kutei Basin and the Merakes discovery is 35km from the Eni-operated Jangkrik field, which is expected to start producing through a Floating-Production Unit in the second quarter of this .... [+ read more] year. The well, drilled to a depth of 2,732m in 1,269m of water depth, encountered 17 meters of clean sands with very good petrophysical characteristics of Pliocene age confirming the the extension also in this new area of the 2014 discovery by the well Merakes 1. The production test, which was limited by surface facilities, recorded an excellent gas deliverability of the Merakes reservoir, and allowed to collect all the necessary data and information to perform all the studies for the future commercial exploitation of the discovery. Merakes discovery is currently estimated to have 2.0 Tcf of gas in place with further additional potential to be evaluated. The proximity of Merakes 2 discovery to the Jangkrik field will allow to maximizing the synergies with existing nearby infrastructures as well as to reduce costs and time of the execution of the future subsea development it confirms the success of Eni the “near field” exploration and appraisal strategy . Eni is the operator of East Sepinggan PSC with its affiliate Eni East Sepinggan Limited holding 85% Participating Interest while Pertamina Hulu Energy holds the remaining 15%. Eni has been operating in Indonesia since 2001and currently has a large portfolio of assets in exploration, production and development. In the Kutei Basin in early 2014, Eni started the development activities of the deep offshore Jangkrik gas field in the Muara Bakau PSC. Production activities are located in the Mahakam River delta, East Kalimantan through the participated Company VICO Ltd (Eni 50%, Saka 50%) operator of the Sanga Sanga PSC that provides an average equity production of 16,000 barrels of oil equivalent per day.

30 Jan 2017

Lundin receives consent for exploration drilling on the Edvard Grieg field

Lundin has received consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field. Lundin is the operator of the Edvard Grieg field, in the North Sea, around 140 kilometres west-southwest of Stavanger. The field is one of the largest oil fields on the Norwegian Continental Shelf. Production from the field began in 2015. The well to .... [+ read more] be drilled is an appraisal well in a structure named Edvard Grieg SW. Water depth at the site is 138 metres. Drilling is scheduled to begin on 1 March 2017 and will last 44 days. The well is to be drilled by the Island Innovator mobile drilling facility. The facility is a type GM4000, delivered by the COSCO Shipyard in China in 2012. It is owned by Island Drilling Company and operated by Odfjell Drilling. Island Innovator was issued with an Acknowledgement of Compliance (AoC) by the PSA in August 2013.

27 Jan 2017

Statoil receives consent to use Songa Encourage for well activities

Statoil has received consent to use Songa Encourage for well activities at Norne, Norne satellites and Alve. Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordland county. The field has been developed using a floating production and storage unit, tied to the well templates on the seabed. Water depth at the .... [+ read more] Norne field is 380 metres. The oil is transported from the Norne facility by tanker, while the gas is piped to Kårstø in Rogaland county and on to Germany. Production at Norne began in 1997. The Alve field, which is 16 kilometres southwest of Norne, and other satellite fields are tied back to the Norne facility. Statoil has received consent to use the Songa Encourage mobile drilling facility to perform well activities on these fields. The activities include drilling wells for production or injection, well overhaul and other intervention work, as well as plugging. Songa Encourage is a semi-submersible drilling facility of the Cat D type, owned and operated by Songa Offshore. It was built by the Daewoo yard in South Korea in 2016, is registered in Norway and classified by DNV GL. Songa Encourage was issued with an Acknowledgement of Compliance (AoC) by the PSA in April 2016.

24 Jan 2017

Borr Drilling Limited completes the delivery of jack-up rigs from Hercules Offshore

Borr Drilling Limited announced today that it has completed the delivery of the Frigg (formerly Hercules Resilience) and the Ran (formerly Hercules Triumph) from Hercules Offshore. The two rigs are KFELS Super A class design, built at Keppel, Singapore, in 2013. .... [+ read more]

24 Jan 2017

Borr Drilling Limited completes the delivery of jack-up rigs from Hercules Offshore

Borr Drilling Limited announced today that it has completed the delivery of the Frigg (formerly Hercules Resilience) and the Ran (formerly Hercules Triumph) from Hercules Offshore. The two rigs are KFELS Super A class design, built at Keppel, Singapore, in 2013. .... [+ read more]

24 Jan 2017

Newbuild Delay

Ensco recently entered into an amendment to the ENSCO DS-10 drillship construction contract (the “Amendment”) with Samsung Heavy Industries (“SHI”), the shipyard constructing the ENSCO DS-10 (“Drillship”). Under the terms of the Amendment: The delivery date for the Drillship has been extended to March 31, 2019 (the “Extended Delivery Date”). Ensco may elect to take delivery of the Drillship earlier upon .... [+ read more] giving SHI 75 days’ advance notice. Notwithstanding the Extended Delivery Date, SHI agreed to complete construction of the Drillship by March 31, 2017. Payment of $75 million of the approximately $309 million unpaid balance of the purchase price for the Drillship has been deferred to March 31, 2019, or such earlier date as Ensco may elect to take delivery of the Drillship. The remaining $234 million of the purchase price is to be paid in January 2017.

24 Jan 2017

Oil and gas discovery northwest of 7220/11-1 (Alta) in the Barents Sea - 7219/12-1 and 7219/12-1 A

Lundin Norway AS, operator of production licence 533, has completed the drilling of wildcat well 7219/12-1 and appraisal well 7219/12-1 A. The well proved oil and gas. The wells were drilled about 32 kilometres northwest of discovery well 7220/11-1 (Alta) and about 37 kilometres southwest of discovery well 7220/8-1 Johan Castberg. The primary and secondary exploration targets for wildcat well .... [+ read more] 7219/12-1 were to prove petroleum in two Early Jurassic and Late/Middle Triassic reservoir levels (Tubåen and Fruholmen formations). The primary exploration target for appraisal well 7219/12-1 A was to collect geological data in Early Jurassic/Late Triassic sandstone rocks (Nordmela and Tubåen formations). Well 7219/12-1 proved a total oil column of about 60 metres and an overlying total gas column of about 60 metres, of which 55 metres and 45 metres, respectively, were in sandstone with good reservoir properties in the Tubåen formation. Well 7219/12-1 A confirmed a mostly equivalent gas and oil column in the Nordmela and Tubåen formations with good reservoir properties. Preliminary estimations of the size of the discovery are between 5.5 and 16 million standard cubic metres (Sm3) of recoverable oil equivalents. Further delineation and production testing of the discovery will be assessed. The wells were not production tested, but extensive data acquisition and sampling have been carried out. These are the second and third exploration wells in production licence 533. The licence was awarded in the 20th licensing round in 2009. Well 7219/12-1 was drilled to a vertical depth of 2475 metres below the sea surface and was terminated in the Snadd formation in Late Triassic. Well 7219/12-1 A was drilled to a vertical depth of 1800 metres below the sea surface and terminated in the Fruholmen formation in Late Triassic. Water depth is 323 metres. The wells will now be temporarily plugged and abandoned. Wells 7219/12-1 and 7219/12-1 A were drilled by the Leiv Eiriksson drilling facility, which will now proceed to production licence 492 in the Barents Sea to drill appraisal well 7120/1-5 where Lundin Norway AS is the operator.

23 Jan 2017

Licence Update Frontier Exploration Licence 2/14 Southern Porcupine Basin

Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company, provides an update on the Frontier Exploration Licence (”FEL”) 2/14, which lies in c. 2,250 metre water depth in the southern Porcupine Basin and is located c. 220 kilometres off the south west coast of Ireland. The licence is operated by Providence Resources P.l.c. (“Providence”, 80%) .... [+ read more] on behalf of its partner Sosina Exploration Limited (“Sosina”, 20%), who are collectively referred to the “JV Partners”. FEL 2/14 contains the Paleocene “Druid” and the Lower Cretaceous “Drombeg” exploration prospects. The Minister of State for the Department of Communications, Climate Action and Environment has given his consent to the progression to the second phase of the licence, subject to the completion of the agreed work programme which includes the drilling of the 53/6-A exploration well on the Paleocene Druid prospect and the subsequent integration of the well data into a comprehensive assessment of the petroleum potential of the licence. In November 2016, the Company signed a drilling contract for the provision of the Stena IceMAX drill-ship to drill an exploration well in FEL 2/14 during 2017. The drilling contract provides for one firm well, plus an additional option, which is electable at the discretion of the JV Partners for the drilling of a second follow -on well. Other key service contracts are now being finalized for the drilling operations for the planned 53/6-A exploration well. Based on the latest project timeline and, subject to standard regulatory approvals and consents, the 53/6-A exploration well is currently planned to spud in June 2017.

19 Jan 2017

Drilling permit for wellbore 7219/12-1 A in production licence 533

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7219/12-1 A, cf. Section 8 of the Resource Management Regulations. Wellbore 7219/12-1 A will be drilled from the Leiv Eiriksson drilling facility at position 72°12' 44.2" north and 19°46' 38.3" east. The drilling programme for wellbore 7219/12-1 A relates to the drilling of an appraisal well .... [+ read more] in production licence 533. Lundin Norway AS is the operator with an ownership interest of 35 per cent. The other licensees are Aker BP ASA with 35 per cent and DEA Norge AS with 30 per cent. The area in this licence consists of the blocks 7219/12 and 7220/10. The well will be drilled about 24 kilometres north of the discovery well 7220/10-1 in production licence 533. Production licence 533 was awarded on 15 May 2009 in the 20th licensing round. The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

18 Jan 2017

Drilling permit for wellbore 6507/3-12 in production licence 159 B

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 6507/3-12, cf. Section 8 of the Resource Management Regulations. Wellbore 6507/3-12 will be drilled from the Deepsea Bergen drilling facility at position 65° 58' 3.93" north and 7° 56' 1.64" east. The drilling program for wellbore 6507/3-12 relates to the drilling of a wildcat well in .... [+ read more] production licence 159 B. Statoil Petroleum AS is the operator with an ownership interest of 85 per cent. The other licensee is Dong E&P Norge AS with 15 per cent. The area in this licence consists of a part of block 6507/3. The well will be drilled about 11 kilometres southwest of the Norne field. Production licence 159 was awarded in licensing round 12 Part B on the Norwegian shelf and production licence 159 B was carved out on 13 August 2004. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

18 Jan 2017

Statoil awarding service contracts for two Cat J rigs

Baker Hughes and Schlumberger will be awarded the contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and the Gullfaks. Initially awarded for four years the contracts include options for two 2-year extensions. The contracts include the following: cementing and pumping, completion, drilling and completion fluids, intergrated drilling .... [+ read more] services. Schlumberger is currently delivering integrated drilling and well services at Mariner and Baker Hughes at Johan Sverdrup. They are both important suppliers for Statoil across the drilling and well disciplines. The Norwegian head offices of both companies are located in Stavanger. “Statoil aims to run safe operations, cut well costs and ensure efficient well deliveries. We look forward to working closely with these two suppliers on the licences’ own rigs. These contracts will help increase activities on the Norwegian continental shelf, ensure predictability, and create more jobs,” says Geir Tungesvik, Statoil’s senior vice president for drilling & well. Oseberg Cat J will contribute to continued development of the Oseberg area. From the autumn of 2017 the rig will drill wells for the Vestflanken 2 project. Later the rig may be used for further developing the area in the Oseberg Future Development, phases 2 and 3. The past four years the Gullfaks field has seen substantial investments and upgrading. In 2016 consent to extended field life to 2034 was granted, almost 30 years beyond the original PDO estimate, which was 2005. The Cat J rig will be essential to the continued development of the Gullfaks field. Owned by the Gullfaks and Oseberg licences the Cat J jack-up rigs are tailored to the conditions in the North Sea, where they are scheduled to be installed in the summer and autumn of 2017, respectively. The Cat J rigs are specially designed to perform efficient drilling operations on subsea development solutions in addition to conventional surface drilling from fixed platforms. The rigs have derrick, allowing 40-metre pipe joints to be put together to increase the efficiency of the operations. They feature automatic pipe handling and the opportunity to perform parallel operations – i.e. making up pipe while drilling. They will be instrumental in ensuring that the licences recover all profitable reserves, and may also be used for exploration. The introductory Askeladden drilling programme focuses on proven reserves and gas blowdown wells on one of the Gullfaks satellite fields. Askepott will primarily drill through the unmanned wellhead platform at Vestflanken 2, which is part of Oseberg.

18 Jan 2017

Songa Encourage update

Following the 2 January 2017 water ingress into a pump room, Songa Encourage is currently close to Kristiansund, Norway, for equipment overhaul and repair which are progressing on schedule. The rig is expected to be back in operations early February 2017. .... [+ read more]

16 Jan 2017

Phoenix South-2 Well Update

Carnarvon Petroleum Limited (“Carnarvon”) (ASX:CVN) is pleased to inform shareholders that operations at the Phoenix South-2 well have been safely completed and the rig has now left the drilling location. The well drilled an estimated 39 metre hydrocarbon-bearing zone between approximately 5,176 and 5,215 metres with significant gas influx and elevated reservoir pore pressures. The well was unable to assess as .... [+ read more] much as 185 metres of additional potential hydrocarbon bearing Caley reservoir beneath 5,215 metres due to the higher than anticipated pressures being encountered. The higher formation pressures encountered typically support both larger volumes and higher gas and condensate flows rates over a given reservoir. An update on volume estimates will be provided once Carnarvon has had an opportunity to assess all of the information obtained from the well. These results are expected to have a positive impact on volumes assessments in the Phoenix South Caley Sandstone. The joint venture will also assess the results of this well for the purpose of considering the future operations in this area, including quantifying the resources identified in the Phoenix South Barret and Caley Sandstone formations. Unfortunately, the subsurface conditions in this well did not allow for the well to be suspended in a way that would allow for re-entry at a later date.

16 Jan 2017

Halifax 205/23-A - Well Spud

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces the spudding of well 205/23-A (the "Halifax Well") on 15 January 2017. The recently drilled Lancaster Pilot well (205/21a-7) encountered a minimum oil down to (ODT) of 1,620m TVDSS, indicating that the Lancaster oil accumulation is likely to extend .... [+ read more] beyond the Lancaster licence boundary. The recently awarded P2308 licence ("Halifax") is contiguous to, and extends north east from, Hurricane's existing Lancaster licence. The Company believes that if mobile oil can be demonstrated outside of local structural closure by the Halifax Well, then the Lancaster field could extend further north east along the Rona Ridge. A previous well (205/23-2) drilled on the Halifax structure encountered oil and gas shows in sandstones immediately above the basement. In addition, Hurricane's analysis of basement cuttings from the 205/23-2 well indicates the presence of oil thus mitigating the oil charge risk to Halifax. Seismic interpretation indicates the presence of a well-defined fault network within the fractured basement of the Halifax Prospect, analogous to that seen in Lancaster. The Company plans to drill the Halifax Well below local structural closure and will then perform an open hole drill stem test ("DST"). In the event of a successful DST, it is envisaged that the well will be deepened to investigate the oil water contact.

12 Jan 2017

Boné (Dazzler) exploration well commences and Brasse appraisal well added to 2017 drilling programme

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commencement of the Boné exploration well 7318/12-1 (Faroe 20%) and the decision to drill an appraisal well on the Brasse discovery in the 2017 drilling programme. Licence PL716, which contains the Boné prospect (previously named .... [+ read more] Dazzler), is located in the western part of the Norwegian Barents Sea in a similar structural setting to the Johan Castberg discovery. The primary targets for the well are the Jurassic Stø- and Nordmela sandstones with a secondary target within the Triassic Fruholmen and Snadd sandstone formations. Licence PL716 was awarded to Faroe in June 2013 in the Norwegian 22nd Licensing Round together with co-venturers Eni Norge AS (30% and operator), Bayerngas Norge AS (20%), Petoro AS (20%) and Point Resources AS (10%). The Boné well is being drilled using the Scarabeo 8 drilling rig and the results will be announced when drilling operations are complete. Faroe Petroleum is also pleased to announce that the Licence PL740 partnership has committed to the drilling of an appraisal well on the Brasse discovery in mid-2017 (Faroe 50%). Faroe as operator has entered into a contract with Odfjell Drilling for the use of the semi-submersible drilling rig, Deepsea Bergen, for the drilling operations. Faroe announced the Brasse oil and gas discovery in PL740 in July 2016. The main wellbore 31/7-1 encountered an 18 metre gross gas column and a 21 metre gross oil column, and the sidetrack well (31/7-1A) encountered a 6 metre gross gas column and 25 metre gross oil column, with both wells encountering good quality Jurassic reservoir. Total gross volumes of recoverable hydrocarbons have been estimated by the Company to be 28-54 mmbbls of oil and 89-158 bcf of gas (43-80 mmboe gross in aggregate). The main objectives of the appraisal well are to reduce the uncertainty in the reserves estimates and to provide important additional information for the development project. The Brasse discovery is located within tie-back distance to existing infrastructure: 13 kilometres to the south of the Brage field platform, in which the Company holds a 14.3% working interest and 13 kilometres to the south east of the Oseberg Field Centre.

12 Jan 2017

ExxonMobil Announces New Oil Discoveries Offshore Guyana

ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery. “This important discovery further establishes the area as a significant exploration province,” said Steve Greenlee, president .... [+ read more] of ExxonMobil Exploration Company. “We look forward to working with the government and our co-venturers to continue evaluating broader exploration potential on the block and the greater Liza area.” The well was drilled by ExxonMobil affiliate Esso Exploration and Production Guyana Limited, and encountered more than 95 feet (29 meters) of high-quality, oil-bearing sandstone reservoirs. It was safely drilled to 18,080 feet (5,512 meters) in 6,660 feet (2,030 meters) of water. The Payara field discovery is about 10 miles (16 km) northwest of the 2015 Liza discovery. In addition to the Payara discovery, appraisal drilling at Liza-3 has identified an additional high quality, deeper reservoir directly below the Liza field, which is estimated to contain between 100-150 million oil equivalent barrels. This additional resource is currently being evaluated for development in conjunction with the world-class Liza discovery. “These latest exploration successes are examples of ExxonMobil’s technological capabilities in ultra-deepwater environments, which will enable effective development of the resource for the benefit of the people of Guyana and our shareholders,” Greenlee said. Drilling on Payara began on Nov. 12 with initial total depth reached on Dec. 2. Two sidetracks have been drilled to rapidly evaluate the discovery, and a well test is underway to further evaluate the successful well results. The well data will be analyzed in the coming months to better determine the full resource potential. The Stabroek Block is 6.6 million acres (26,800 square kilometers). Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.

9 Jan 2017

North Atlantic Drilling Ltd. announces amendment to agreement with Jurong Shipyard

North Atlantic Drilling Ltd. ("NADL" or "the Company") refers to the press release on December 3, 2015, June 7, 2016, August 25, 2016, and October 4, 2016 which announced a standstill agreement and subsequent amendments to defer delivery of the semi-submersible West Rigel ("the Unit"). Today the Company announces an amendment has been agreed with Jurong Shipyard .... [+ read more] Pte Ltd ("Jurong"), which extends the delivery deferral period to July 6, 2017. The extension allows the parties to continue to explore commercial opportunities for the Unit. As previously agreed, in the event no employment is secured for the Unit and no alternative transaction is completed, the Company and Jurong will form a Joint Asset Holding Company for joint ownership of the Unit, to be owned 23% by the Company and 77% by Jurong.

6 Jan 2017

Maersk Drilling takes delivery of newbuild Maersk Invincible

Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilise to the North Sea and will in the second quarter of 2017 commence a five year firm contract with Aker BP for plug and abandonment work on the Valhall field. Maersk .... [+ read more] Invincible is the fourth and final rig in a series of four ultra-harsh environment jack-up rigs to enter Maersk Drilling’s fleet. The first three jack-up rigs have been delivered from the Keppel FELS shipyard.

6 Jan 2017

Hyperdynamics to Engage a More Advanced Drillship from Pacific Drilling for its Upcoming Guinea Exploration Drilling Campaign

Hyperdynamics Corporation (OTCQX: HDYN) today announced that it has accepted a proposal from its drilling contractor, Pacific Drilling, to deploy the Pacific Scirocco drillship in place of the Pacific Bora for Hyperdynamics' upcoming deepwater exploration well offshore the Republic of Guinea. Financial terms under the earlier contract with Pacific Drilling for the Pacific Bora are unchanged. Hyperdynamics plans to spud .... [+ read more] the Fatala-1 well in April 2017. "We are very pleased to be able to engage the Pacific Scirocco for our drilling campaign," said Hyperdynamics President and Chief Executive Officer Ray Leonard. "The Pacific Scirocco is equipped to drill in deeper water -- up to 12,000 feet -- and could handle either of the two optional follow-up fan wells that may be drilled if the Fatala-1 well is successful. "We understand that the Scirocco has been working offshore Nigeria for TOTAL for the last five years and has achieved a 98% up-time record, with no lost-time incidents. Having a rig and a crew that has performed so consistently at such a high level of safety and efficiency should greatly enhance our program," Leonard said. "The Scirocco completes its current contract with TOTAL on January 19 and afterwards will be anchored offshore Abidjan, Ivory Coast. This will enable Schlumberger, our integrated project manager for drilling services, to utilize its base there to outfit the drillship in plenty of time for an April 2017 spud date," he added.

3 Jan 2017

Update on Fatala-1 preperations

Hyperdynamics Corporation (OTCQX: HDYN) announced today that SCS Corporation Ltd. ("SCS"), its wholly owned subsidiary, has signed a Master Service Agreement ("MSA") with Schlumberger to provide essential drilling services for the deepwater exploration well planned for the second calendar quarter of 2017 offshore the Republic of Guinea. "With the signing of this agreement with Schlumberger, we now have the critical .... [+ read more] equipment and most of the drilling services contracts in place to enable us to begin drilling the Fatala-1 deepwater exploration well this spring," said Ray Leonard, Hyperdynamics President and Chief Executive Officer. "Schlumberger is the world's leading provider of oilfield services and equipment to the upstream industry. No one has more experience than Schlumberger in helping oil and gas operators safely and successfully drill for hydrocarbons in some of the deepest waters around the world. "With Schlumberger as integrated project manager for drilling services -- and with Pacific Drilling providing a modern deepwater drillship with an experienced crew -- we have assembled a world-class contingent of equipment, services and highly experienced manpower." Under the MSA, Schlumberger will be the primary provider of services to drill the Fatala-1 well. The estimated value of the MSA for the Fatala-1 well is approximately U.S. $4.5 million. "We are also advancing our discussions with several global oil companies that could farm into a significant portion of our project working interest, provide additional technical expertise and share the project costs and risks," Mr. Leonard added. Hyperdynamics has also achieved other key milestones as it prepares to begin drilling operations.

2 Jan 2017

Water leakage in pump room on Songa Encourage

Just after 12:30 today it was observed water ingress into a pumproom onboard the Songa Encourage. The mobile drilling unit is presently on the Heidrun-field on the Norwegian Continental Shelf. The rig was not in operations, as it was waiting on weather. The water leakage is stopped and the rig is stabilized. There was 79 persons on board the unit and .... [+ read more] no one is injured. The crew mustered according to standard procedure. The company's emergency response team is mobilized, co-ordinates support services and is in continuous contact with Statoil and the relevant authorities. The company has initiated actions to identify the root cause of the incident.