Westwood Global tips high-impact drilling to bounce back after record slow start to year
Global high-impact drilling is expected to “bounce back” in the second half of 2021 after a record slow start to the year.
drilling activity
Condensate found in delayed North Uist well
Drilling at BP's delayed North Uist exploration well has found gas condensate, it emerged yesterday.
UK well starts up last year but added reserves may disappoint
An early check on UK North Sea drilling activity indicates that there are 13 active exploration & appraisal wells including, in the southern Central North Sea, the first spud of the 2013.
UK well activity up but development drilling down on last month
A total of 15 E&A wells were active at the end of October . . . eight exploration and seven appraisals . . . bringing the total number of spuds this year to 37, that is, 19 exploration and 18 appraisal.
Paradigm wins cash to develop tools
Scottish firm Paradigm Drilling Services said yesterday it had secured £250,000 of funding through the Technology Strategy Board for its drilling tool solutions.
Dolphin Drilling signs up second consortium
Dolphin Drilling has said it is to work with four oil firms off Norway under a new £155million contract for its Bredford Dolphin semi-submersible drilling rig.
Revenue boost at Halliburton
Energy service giant Halliburton has recorded a 22% increase in revenue, thanks to high drilling activity around the world.
Lack of rigs pushing up UK day rates
A lack of available North Sea rigs is pushing day rates up to £230,000, according to a Westhill-based rig operator.
Dismal start to drilling in NW Europe
THE UK sector is not the only part of the North West Europe Continental Shelf where Q1 drilling activity is behind the same period in 2009.
Lacklustre isn’t the word as 2009 E&A well tally falters
FIVE mobile units and a platform rig are currently active on E&A drilling on the UKCS. The decline since last month reflects recent rig departures from the sector - semi-submersible Byford Dolphin departing for Norway and drillship Stena Carron to Canadian Atlantic waters.
Come back Britoil – all is forgiven
We are told by Deloitte that the number of exploration wells being drilled in the UK North Sea collapsed 78% in Q1 this year compared with the same period in 2008. On top of this, Oil & Gas UK thinks that the total amount of UK North Sea drilling could fall by nearly 70% this year.
Holiday period hits mid-year starts
During the holiday season in 2007, there was no let-up in drilling activity. But what a difference a year makes as, this July, only three wells were spudded - all appraisals. That's substantially below the count in 2007.