Oil drillers bring back rigs in longest streak since 2014
U.S. oil producers added rigs for the seventh week in a row, the longest period of expansion since the final days of the drilling boom in early 2014.
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Nighthawk Energy abandons well
Nighthawk Energy said it has plugged and abandoned the Happy Jack 7-10 well in the Monarch joint development area. The company said the well, which was spudded last month, was drilled to a total depth of 8,400 feet. The well encountered oil shows in the Marmaton and Cherokee zones within the Pennsylvanian section.
Rose Petroleum spuds Mancos well
Rose Petroleum has spudded the State 1-34 Mancos well in Utah. The company said it had used a smaller rig for better cost efficiency and will bring in a larger rig in early January to drill the balance of the well to total depth. Surface casing will be set to 300 feet and once the surface casing is cemented in place, drilling operations will recommence.
Plexus to complete Norway wellhead work
Plexus Holdings will provide wellhead and mudline services on the Ivar Aasen development project in Norway. The work has been awarded by Det Norske for the Geopilot 2 appraisal well.