Oil rig news

The planned start-up of operations for the Parameswara jack-up rig in the Mumbai High is 1Q22.

Demand for land rigs is estimated to return to pre-pandemic (2019) levels by 2025, according to analysis by Westwood Global Energy Group.

The Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine are to be sold and the current drilling contracts novated to ADES.

The drilling programme, for an unnamed international oil company, is expected to commence in 2Q22 for a duration of approximately 150 days.

The work programme is scheduled to last approximately four months and to start the process of converting approximately 100 million boe (gross) of 2C resources into 2P reserves.

In 2020, US initial crude oil production per well, or well production efficiency, increased significantly in the Bakken region, according to the U.S. Energy Information Administration’s Drilling Productivity Report.

Tidy Planet has shipped four of its A900 Rocket Composters and a bespoke Dehydra Dewatering system to an oilfield in Kazakhstan, to compost the site’s 255 tpy of food waste.

Woodside has contracted the VALARIS DPS-1 semisubmersible for the campaign.

The companies say that the new unit will aim to recycle as much of the materials from decommissioned offshore platforms as possible.

Carnarvon Petroleum has signed a letter of intent with an unnamed rig contractor, and a formal rig contract is now being finalised.