Oil Blog

Rig Notes 6/7/06

 North American rig count climbing
Monsters and Critics.com - Glasgow,UK
HOUSTON, TX, United States (UPI) -- The US oil and natural gas drilling rig count for May climbed 38 to 1,635, an industry group said Wednesday. ...

Rig Notes 5/11/06

Attention Business/Financial Editors:
Canada NewsWire (press release) - Canada
... its expansion into the United States when it announced on March 7, 2006 that it had been awarded a two year contract for an eighth drilling rig, specifically a ...

Dragon Oil gains on Lukoil contract
ShareCast - London,UK
... SHARECAST) - Shares in Dragon Oil were in demand on news it had signed a contract with Lukoil Shelf for provision of the Astra jack-up drilling rig for use in ...

Desire Says It Still Seeks Falkland Rig; Shares Surge in Week
Bloomberg - USA
May 11 (Bloomberg) -- Desire Petroleum Plc, an explorer for oil and gas near the Falkland Islands, said it's still seeking a drilling rig for the area. ...

Dragon does deal on drilling rig
Irish Examiner - Cork,Ireland
Dragon Oil has signed a contract with Lukoil Shelf Limited for provision of the Astra jack-up drilling rig for use in the Cheleken Contract Area offshore ...

Arena Resources Announces Record Revenues, Earnings, Cash Flow and ...
International News Service - Sydney,Australia
... We have taken delivery of our own drilling rig and now have two rigs drilling full time on the Fuhrman-Mascho. We currently have ...

Rig Notes 5/10/06

Cinch Energy Corp. releases first quarter 2006 results
Canada NewsWire (press release) - Canada
... the first quarter and winter drilling season, the Company had a number of locations planned for which we could not obtain a drilling rig, which ultimately ...

(BW) Parallel Petroleum Announces Operations Update and First ...
Houston Chronicle - United States
... The drilling rig is currently moving in on this well, which is located approximately 1 mile southeast of the Boxtop 1921-1 Federal No. ...

REVUS - REVUS ENERGY - INTERIM REPORT Q1 2006
TV2 Nettavisen - Oslo,Oslo,Norway
... With the access to a drilling rig secured, Revus will enter into an extensive appraisal and exploration drilling programme, totalling NOK 1.2 billion in the ...

Rig Notes 5/9/06

Swaziland: AG, Richard Maphalala to have personal accounts ...
African News Dimension - Johannesburg,South Africa
... So will those of other government officials involved in the matter in which MPD won a tender to supply government with a water drilling rig but was irregularly ...

Attention Business/Financial Editors:
Canada NewsWire (press release) - Canada
... in 2005. Operating days are defined as the number of days a drilling rig is in operation from spud to rig release. This does not ...

NIDC concludes agreement with domestic company to build drilling ...
MehrNews.com - Tehran,Iran
... concluded an agreement with Machinsazi Arak Co. to manufacture its fiftieth onshore drilling rig. The company has placed an order for ...

Bennett wants more companies to be probed
The Swazi Observer - Mbabane,Swaziland
... Again the drilling rig is not the only one where MPD's name featured prominently nor the Army vehicles saga. There are other deals ...

Vast Contracts Rig, 12 Well Drilling Program to Start Week of May ...
CCNMatthews (press release) - Toronto,ON,Canada
Vast Exploration Inc. (TSX VENTURE:VST) ("Vast" or "the Company") has contracted a Shallow Gaswell Drilling rig and will begin drilling on the Paddle Prairie ...

Problems galore for ONGC at Bengal offshore
Hindu Business Line - India
... ONGC sources said that the jack-up drilling rig Transocean Nordic, which was slated to be re-deployed from Bengal offshore to the Mahanadi basin, got one of ...

Siemens and Rolls-Royce technology for new deepwater drilling rig
noticias.info - Spain
Ltd., Singapore has signed an agreement with a consortium consisting of Siemens and Rolls-Royce for deliveries to a new deepwater drilling rig. ...

DNO - OPERATIONAL AND FINANCIAL RESULTS - FIRST QUARTER 2006
TV2 Nettavisen - Oslo,Oslo,Norway
... DNO, in a consortium with several other NCS operators, signed a three-year contract for the semi-submersible drilling rig Bredford Dolphin. ...

Rig Notes 5/1/06

GEFCO looks back on 75 years
Enid News & Eagle - Enid,OK,USA
... He later acquired the sole account for Sullivan Machinery Co., which manufactured a portable drilling rig that was powered by steam. ...

Transocean Inc. Provides Update on Fleet Contract Status
PrimeZone (press release) - Los Angeles,CA,USA
HOUSTON, May 1, 2006 (PRIMEZONE) -- Transocean Inc. (NYSE:RIG) today announced that its report of drilling rig status and contract information covering the ...

Chesapeake Energy Corporation Reports Record Results for the 2006 ...
Yahoo! News (press release) - USA
... The Martex acquisition bolstered the company's 100% owned drilling rig subsidiary, Nomac Drilling Corporation, in which to date Chesapeake has invested a total ...

Rig Notes 4/26/06

Precision Drilling Trust reports record first quarter results and ...
Yahoo! News (press release) - USA
... Upon completion of the expansion program in 2008, Precision will have increased its drilling rig fleet to 261, with 250 rigs operating in western Canada and 11 ...

SONG - SONGA OFFSHORE ASA Q1 REPORT
TV2 Nettavisen - Oslo,Oslo,Norway
... Songa Offshore entered into a memorandum of agreement for the purchase of the semi submersible drilling rig Stena Dee, to be renamed Songa Dee. ...

(PZ) Transmeridian Exploration Signs Contracts for Four Additional ...
Houston Chronicle - United States
... The completion rig is expected to arrive on location as early as May 7 and the first drilling rig in mid-May. The other two drilling ...

Rig Notes 4/25/06

Abbot buys Nordic rig group for £247m
Scotsman - United Kingdom
... The cost of hiring a drilling rig is believed to have almost doubled in the past year on the back of rocketing global demand. Exploration ...

(BW) Arena Resources Inc. Provides First Quarter 2006 Operations ...
Houston Chronicle - United States
... The company is currently taking delivery of the drilling rig it purchased in December 2005, and expects it to be fully operational by early May. ...

Rig Notes 4/20/06

Nova Scotia CBM Operations Update
Canada NewsWire (press release) - Canada
Trading Symbol: SLV.tsxventure CALGARY, April 20 /CNW/ - Stealth Ventures Ltd. (Stealth) is pleased to announce that it has contracted a drilling rig and a ...

McMoRan Exploration Co. Reports First-Quarter 2006 Results and ...
Business Wire (press release) - San Francisco,CA,USA
... As previously reported, drilling activities were temporarily suspended in February 2006 while the drilling rig was used to perform workover activities on the ...

Mars TLP restart imminent
Oil & Gas Journal - Houston,TX,USA
... The Mars TLP and wells survived the extreme Katrina weather conditions, but the platform drilling rig and some major elements of the topsides production ...

Shell Nears Restart of Storm-Damaged Rig
MSN Money - USA
... While the Mars wells weathered the category-five storm, the platform drilling rig and other major components were heavily damaged. ...

Rig Notes 4/17/06

Transocean wins two year Indian rig contract
Reuters India - Mumbai,India
NEW YORK (Reuters) - Drilling rig operator Transocean Inc. on Monday said it was awarded a two-year rig contract by Reliance Industries Ltd. ...

Tri-Valley Update on Project and Share Value
Market Wire (press release) - USA
... the required capital, through its newly formed subsidiary, Great Valley Drilling Company LLC, to exercise its option to purchase the only drilling rig based in ...

First Nation Training Breakthrough
Nickle's Energy Group - Calgary,Canada
... Elson McDougald, Western Lakota's chairman and president, acknowledges that aboriginal training was not on his mind when the firm's first drilling rig went to ...

China's first drilling rig for 9000-meter wells to go operation ...
Xinhua - China
The China-made drilling rig, which contains numerous patented parts, breaks the country's dependency on foreign rigs that can drill 9,000 meters and will ...

Rig Notes 4/12/06

Awilco orders another jack-up
Marine Log - New York,NY,USA
It covers construction of a Baker Marine Pacific 375 ft jackup drilling rig. The option was awarded by the yard in the spring of 2004. ...

Double Eagle Petroleum Updates Cow Creek Field Project - Quick ...
Trading Markets - Los Angeles,CA,USA
The company said the drilling rig that will be used at Cow Creek Field and the Christmas Meadows Prospect, has been delayed finishing a well for another ...

AWO - AWILCO OFFSHORE EXERCISES OPTION FOR DRILLING RIG NO. 7
TV2 Nettavisen - Oslo,Oslo,Norway
to build a 375ft jackup drilling rig with drilling depth of 30.000 ft. The option was awarded by the yard in the spring of 2004. ...