The Baker Hughes international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016.
The In-line Compensator has been deployed and operated from a deepwater drill ship in 3500 ft of water.
The business intelligence group’s report reveals a 10 yr low in oil discoveries in Norway and anticipates a shift in focus in the UK to gas in 2018.
The collaboration between the two companies saw them identify and map oil seepage off the coast of California.
The operator has advised that the SM 71 F2 well had spudded and as at 9.45 pm on 3 December USA Central Standard Time current operations are drilling ahead at 564 ft (172 m) MD.
The Twin Well was drilled to a total depth of 3200 ft encountering the following formations as expected; the Upper San Andres, Lower San Andres, Glorietta, Upper Clear Fork, Middle Clear Fork, and Lower Clear Fork Formations.
Po Valley Energy Limited (PVE), the Australian ASX listed natural gas company, has announced that it has spudded the Podere Maiar 1 dir well in the former Selva gas field on Tuesday 21 November.
FAR has undertaken a detailed geotechnical evaluation for its two offshore blocks in The Gambia and completed an assessment of hydrocarbon resources.