Drilling and Production News

  • Baker Hughes: Global rig count rises 32 in December

    January 15, 2018

    The global count of active drilling rigs increased by 32 month-over-month in December 2017 to average 2,089, according to Baker Hughes data. The count is up 317 compared with the December 2016 average.

  • House Resources Democrats question BLM’s fracing rule withdrawal

    January 12, 2018

    Two leading Democrats on the US House Natural Resources Committee questioned the US Bureau of Land Management’s Dec. 29, 2017, rescission of its 2015 hydraulic fracturing regulation because the agency’s justification varied dramatically from one it reached in 2012 when it explained why the rule was needed.

  • Baker Hughes: US rig count reverses decline with 15-unit gain

    January 12, 2018

    Reversing last week’s decline, the US drilling rig count rose 15 units to 939 rigs working during the week ended Jan. 12, data from Baker Hughes indicate. This total is up 280 units from a year ago.

  • ADNOC lets FEED contracts for sour gas project

    January 12, 2018

    Abu Dhabi National Oil Co. (ADNOC) has awarded two front-end engineering and design contracts for ADNOC’s offshore sour gas project involving Hail, Ghasha, and Dalma fields in the Arab formation.

  • Tullow hires rig to restart TEN drilling

    January 11, 2018

    Tullow Oil PLC will restart development drilling in the TEN oil fields offshore Ghana with the Maersk Venturer drillship, for which it has signed a contract for up to 4 years. It also will use the ship for drilling in Jubilee oil field.

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