Dragon extends drilling contract

Dragon Oil has signed a five-year extension to its contract for the Iran Khazar jack-up. The rig, operated by North Drilling Co., will continue to drill development wells from Dragon's new LAM A platform in the Turkmen sector of the Caspian Sea.

Mar 6th, 2007

Offshore staff

ASHGABAD, Turkmenistan --Dragon Oil has signed a five-year extension to its contract for the Iran Khazar jack-up. The rig, operated by North Drilling Co., will continue to drill development wells from Dragon's new LAM A platform in the Turkmen sector of the Caspian Sea.

Another jack-up, theAstra, has completed perforating and testing of a well from the LAM 13 platform. This tested at a rate of up to 1,525 b/d of oil from three reservoir zones.

The same rig is currently drilling the first appraisal well on the Lam West structure, 28/120, from the LAM 28 platform.

03/06/2007

More in Drilling & Completion

Location of OPL 310 offshore Nigeria.

Lekoil given more time to raise offshore Nigeria drilling finance

Optimum Petroleum Development Co. has agreed to allow partner Lekoil to defer its financial and operational obligations for the OPL 310 license offshore Nigeria.

Woodside commissions appraisal well ahead of deepwater Sangomar drilling

Diamond Offshore’s contract from Woodside Energy for the deepwater Sangomar project off Senegal includes an evaluation well on either the FAN or SNE North discoveries prior to the start of development drilling.

VAALCO continuing well appraisal, workover program offshore Gabon

VAALCO Energy has issued an update on its rolling 2019/2020 drilling program offshore Gabon.

The Noble Don Taylor drilled the Bulleit discovery well in Green Canyon block 21 for Talos Energy.

Operators continue to find new oil reserves in deepwater Gulf, despite scaled-back drilling campaigns

These activities did bring a number of notable discoveries over the past year, most notably in the Miocene and Paleogene plays, in the deepwater Gulf.

Cairn provides update on offshore Mexico drilling

Cairn Energy is participating in two current exploration wells in the Sureste basin offshore Mexico, the company revealed in an operations update.

Offshore rig market: number of contracts down, but terms are up

The total number of drilling rig contracts awarded is down YOY but contract terms are up significantly, says Evercore ISI.

The jackup drilling rig Maersk Integrator.

Maersk jackup secures two-well North Sea contract extension

The Aker BP alliance has extended Maersk Drilling’s contract for the low-emission jackup Maersk Integrator.

Websiteimage Sunset

ADES jackup to remain on duty offshore Saudi Arabia

ADES International has secured a one-year contract extension for its jackup ADMARINE 261 offshore Saudi Arabia.

Websiteimage Sunset

Big three oilfield service firms start year with asset sales

Schlumberger, Halliburton and Baker Hughes are said to be planning for the sale of some units.

2001 Of Fdata Z01

Worldwide offshore rig count and utilization rate

The total number of jackups, semis, and drillships under contract grew by one unit from 469 units in October to 470 in November.

Transocean has deployed what it claims is the world’s first hybrid energy storage system aboard the Transocean Spitsbergen.

Drilling contractors rapidly moving toward hybrid-power, low-emissions rigs

Several global offshore drilling contractors have announced plans to lower CO2 and NOx emissions from their rigs by employing systems that reduce their fuel consumption and increase their fuel efficiency.

The semisubmersible Heydar Aliyev is drilling the SAX01 well on the Shafag-Asiman block in the Azerbaijan sector of the Caspian Sea.

BP spuds first well on Shafag-Asiman offshore Azerbaijan

The semisubmersible Heydar Aliyev has spudded the first exploration well on the Shafag-Asiman block in the Azerbaijan sector of the Caspian Sea, according to BP.

The drillship Stena Forth will drill the Marina-1 exploration well in block Z-38 offshore Peru.

Stena Forth preparing to drill offshore Peru

The drillship Stena Forth is at the Port of Callao in Lima preparing for a program in Peru’s offshore Tumbes basin.

Location of well 25/7-8 S on production license 917 in the central Norwegian North Sea.

ConocoPhillips proves oil close to North Sea Balder field

ConocoPhillips Skandinavia has discovered a small oil and gas accumulation 10 km (6.2 mi) northwest of the Balder field in the central Norwegian North Sea.