Offshore Drilling & Completion: US & Gulf of Mexico

Helix extends BP contract start on Q5000

Helix Energy Solutions Group Inc. (NYSE: HLX) has agreed to amend an existing agreement with BP Exploration & Production regarding use of the Q5000 in the US Gulf of Mexico.

Offshore US rig count declines

The US offshore rig count last week was 51, down three rigs from the previous week, and down four rigs year over year.

Baker Hughes offshore rig count up for week

The Baker Hughes US offshore rig count for the week ending Feb. 20 shows an increase of two rigs over the previous week, bringing the total to 54. 

BOEM, BSEE issue proposed US Arctic OCS exploration drilling rules

The Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM) have released proposed regulations for exploratory drilling on the US Arctic outer continental shelf.


Maersk to train BP offshore teams in Houston

BP plans to offer advanced training programs for its offshore drilling teams under a new global agreement with Maersk Training. 

New rig tracking service sees modest decline in GoM activity

Gaffney, Cline & Associates (GCA) has launched a new weekly commentary and tracking service that reviews US onshore and Gulf of Mexico (GoM) rig activity.

Offshore US rig count holds steady

Baker Hughes count of rigs operating offshore US held steady last week at 54. Of this number, 53 were in the Gulf of Mexico.

Noble Energy’s Madison GoM exploration well comes up dry

The Madison exploration well in the Gulf of Mexico did not encounter commercial hydrocarbons. 

Gulf E&P remains active despite falling oil prices

As the offshore industry moves into 2015, E&P activities remain robust in the Gulf of Mexico. Demand for deepwater services remains strong, but the combined impact of falling oil prices and rising project costs are beginning to take a toll in some areas, notably in older and shallow-water fields. Work is also winding down in some areas as a number of field development projects are coming onstream.

Chevron makes another Lower Tertiary GoM deepwater oil discovery

Chevron Corp. has made an oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. 

Latest Drilling & Completion News

Eirik Raude prepares to spud Zebedee offshore Falklands

March 5, 2015

The semisubmersible Eirik Raude has arrived in Stanley and will soon start a six-well campaign offshore the Falkland Islands.

Drilling under way at Morkel in North Sea

March 5, 2015

The semisubmersible Bredford Dolphin has spudded a well for Lundin Norway on the Morkel prospect in the Norwegian North Sea.

Two rigs on infill duty at fields offshore Côte d’Ivoire

March 5, 2015 Canadian Natural Resources (CNR) has contracted a drilling rig for a 10-well infill development drilling program at the Espoir field offshore Côte ...

Lundin, Statoil to drill offshore northern and southern Norway

March 5, 2015

Petroleum Safety Authority (PSA) Norway has cleared Lundin Norway for exploration drilling in the Barents Sea.

Greatdrill Chaaru jackup to operate for ONGC offshore India

March 5, 2015

Lamprell (Ticker: LAM) has completed construction of the jackup drilling rig Greatdrill Chaaru ahead of schedule.

Otto to drill Hawkeye-1 offshore Philippines

March 4, 2015 Otto Energy Ltd. (ASX: OEL) subsidiary Otto Energy Philippines Inc. has signed a farm-in agreement whereby Red Emperor Resources NL will earn a 15%...

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