Offshore Drilling & Completion: Russia

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Bentec to supply drilling package for Caspian Sea platform

Nobel Oil has commissioned Bentec to build a drilling rig for offshore operations in the Azeri sector of the Caspian Sea.

Arctic E&P activity on the rise

The potential of the offshore Arctic oil and gas market is substantial. While energy analyst Infield Systems suggests the region holds 136.6 Bboe in discovered offshore reserves, a United States Geological Survey report claims there could be another 346 Bboe left undiscovered.

Eurasia outlines Caspian Sea well inventory

Eurasia Drilling Co. (EDC) has issued a review of highlights from its drilling campaigns in the Caspian Sea during 2014.

Sakhalin-1 partners claim new drilling record at Chayvo

Rosneft says the Sakhalin-1 Consortium has drilled the world’s longest well to date at the Chayvo field offshore Sakhalin Island.

Rosneft cancels jackup contract in Russian Arctic

North Atlantic Drilling Co. has received a cancellation notice for from Rosneft for use of Northern Offshore’s jackup Energy Endeavor.

Caspian Sea horizontal well sets new benchmark

LUKOIL-Nizhnevolzhskneft claims to have established a new world record in horizontal drilling in the Russian sector of the Caspian Sea.

Rosneft postpones Kara Sea drilling

Rosneft says it will postpone operations in the Kara Sea until 2016, according to a Reuters report. 

Russia confirms Kara Sea Pobeda discovery

Rosneft says Russia’s State Commission on reserves has confirmed an oil and gas discovery in the Pobeda field on the Kara Sea shelf.

Jet pumps, water injection drive performance gains in offshore Turkmenistan wells

The Cheleken block in the eastern section of the Caspian Sea off Turkmenistan, has been producing commercially since 1972. In November 1999, Dragon Oil was awarded a production-sharing agreement for redevelopment of the block. The concession comprises two main fields, known as Dzheitune (or Lam) and Dzhygalybeg (or Zhdanov), in water depths ranging from 8-42 m (26-138 ft).

Latest Drilling & Completion News

Offshore US rig count holds steady

July 27, 2015

While the total US rig count is up 19 from 876, Baker Hughes Inc. says the offshore rig count remains unchanged at 31.

COSL to drill two wells for Primeline offshore China

July 24, 2015 Primeline Energy has signed a letter of intent with China Oilfield Services Co. Ltd. for exploration drilling in block 33/07 in the East China Sea....

Statoil proves further gas/condensate near King Lear offshore Norway

July 23, 2015 Statoil and partner Total have discovered gas and condensate in the Julius structure close to the King Lear field in the southern Norwegian North S...

BPC scales back Bahamas well costs

July 23, 2015  Bahamas Petroleum Co. (BPC) says it has completed re-engineering of its first planned exploration well offshore the Bahamas.

Shell Chukchi drilling permit gets two amendments from US Interior

July 23, 2015 The US Interior Department has approved Royal Dutch Shell's applications to drill in the Chukchi Sea, but with a built-in stop concerning the avail...

UK association updates well decommissioning practice

July 22, 2015

Oil & Gas UK has updated its guidelines for the abandonment of wells on the UK continental shelf.

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Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...

Offshore Design Optioneering using Cloud Computing

Cloud computing opens up to offshore engineering teams the opportunity to take advantage of almost unlimited computing power and data storage capab...

Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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