Post Tagged with: "Offshore Rigs"

Higher Oil Prices, Lower Costs Increase Offshore Rig Demand: IHS

Higher Oil Prices, Lower Costs Increase Offshore Rig Demand: IHS

From WorkBoat

Higher oil prices and lower costs for offshore projects are driving increased demand for offshore drilling rigs through 2020, particularly for deepwater projects, according to new analysis released yesterday by IHS Markit.

In its first worldwide mobile rig …

September 6, 2018 - 5:02 pm Closing Bell Story‎, Energy News
Offshore Rigs Moving out of the Gulf of Mexico

Offshore Rigs Moving out of the Gulf of Mexico

U.S. GOM share of global offshore rigs is falling

The number of active offshore rigs in the Gulf of Mexico (GOM) has been steadily declining since 2000, according to a release from the Energy Information Administration (EIA). Over the past …

VAALCO Energy: First Production from New Offshore Pads Expected by Year-End 2014

VAALCO Energy: First Production from New Offshore Pads Expected by Year-End 2014

VAALCO Energy, Inc. (ticker: EGY) reported net income of $3.1 million ($0.05 per diluted share) in its Q3’14 earnings release, but the company is already anticipating results for the fourth quarter. The independent energy company based in Houston, Texas, is …

Petrobras Brings in North Jupiter Well, Achieves Production Records in July

Brazil Mourns Death of Presidential Candidate Eduardo Campos

Petrobras (ticker: PBR), the Brazilian integrated oil and gas company, announced today the extension of the Jupiter discovery in Santos Basin pre-salt block BM-S-24 following drilling operations at well 3-BRSA-1246-RJS (3-RJS-732), informally …

August 13, 2014 - 6:11 pm Oil and Gas 360 Articles, Oilfield Services
Deepwater Drilling Going Deeper

Deepwater Drilling Going Deeper

Maersk Drilling Orders Industry’s First 20-ksi Deepwater Blowout Preventers for 2 Ultra-Deepwater Drilling Rigs

Maersk Drilling (Ticker: MAERSK-B.CO) has ordered four blowout preventers (BOPs) and two risers from GE Oil and Gas (Ticker: GE). The GE Oil and Gas …

June 24, 2014 - 5:36 pm Offshore, Oil and Gas 360 Articles