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Offshore Rig Market Continues Recovery
More demand could be around the corner with offshore rig tenders as oil and gas companies step up drilling plans and final investment decisions.
Best Of This Week’s Drilling Activity Highlights (Aug. 23, 2019)
A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world.
Permian Basin’s ‘Overlooked,’ ‘Emerging’ Plays
The owner and president of a Midland, Texas-based oil company shared insight during a presentation on the Permian Basin’s journey from conventional to unconventional.
Offshore Operators Exercise Caution During Lease Sale 253
BHP Billiton Petroleum (Deepwater) Inc. had the highest bid of the day at $22.5 million for Green Canyon block 124.
The Latest
Exploration & Production
Offshore Rig Market Continues Recovery
More demand could be around the corner with offshore rig tenders as oil and gas companies step up drilling plans and final investment decisions.
August 23, 2019
Rig Counts
US Oil Rig Count Falls By 16
U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.
August 23, 2019
Exploration & Production
The Need For ‘Smart’ Maintenance
How technology can be applied within an overall maintenance strategy to help an operator achieve business objectives without compromising safety and security is extremely important.
August 23, 2019
Highlights
Best Of This Week’s Drilling Activity Highlights (Aug. 23, 2019)
A Powder River Basin discovery by Chesapeake, LLOG files Gulf of Mexico plan and a triple-lateral horizontal completion in South Texas top this week’s drilling activity highlights from around the world.
August 23, 2019
Deepwater
US Accuses China Of ‘Coercion’ Over Vietnam Offshore Oil
The U.S. has accused China of “coercion” of Vietnam as it seeks to exploit oil and gas in the South China Sea, siding with Hanoi and chastising Beijing in sharp terms over its decision to send Chinese ships to Vietnamese territorial waters.
August 23, 2019
Rig Counts
Chart: Eastern Rig Count As Of August 23, 2019
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
August 23, 2019
Rig Counts
Chart: Gulf Coast Rig Count As Of August 23, 2019
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
August 23, 2019
Rig Counts
Chart: Midcontinent, Permian Basin Rig Count As Of August 23, 2019
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
August 23, 2019
Rig Counts
Chart: Western Rig Count As of August 23, 2019
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
August 23, 2019
Unconventional
Permian Basin’s ‘Overlooked,’ ‘Emerging’ Plays
The owner and president of a Midland, Texas-based oil company shared insight during a presentation on the Permian Basin’s journey from conventional to unconventional.
August 22, 2019