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Oil rig news

 

Weatherford secures three year contract with ADNOC

The project is slated to begin in 4Q24, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC’s onshore assets.

 
 
 
 
 
 

Exploration drilling result: Well 35/10-12 S

Wellesley Petroleum has announced of the drilling results of Appraisal well 35/10-12 S operated by Wellesley. Drilling took place in licence PL1184 S with the COSL Promotor rig.

 

Devon Energy announces strategic acquisition in the Williston Basin

Devon Energy has announced it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at US$5 billion, consisting of US$3.25 billion of cash and US$1.75 billion of stock to the sellers.