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Empyrean Energy 'Extremely Disappointed' as No Oil Found at 'World-class' Jade Offshore Prospect in China

Apr 27, 2022

Oil and gas company Empyrean Energy said Wednesday that its Jade offshore well in China, for which the company had high hopes, had reached total depth without encountering hydrocarbons.After years of preparations, the company started drilling at what it said was a 'world-class“ Jade prospect earlier this month, using COSL's NH-9 semi-submersible drilling rig.Empyrean had said that the Jade Prospect had a GCA audited mean in place potential of 225 MMbbl and a P10 in place upside of 395 MMbbl…

Borr Drilling Finds More Work for Saga Jack-up Drilling Rig

8 hours ago

Oslo-listed offshore drilling firm Borr Drilling has won a binding Letter of Award for its jack-up drilling rig 'Saga' from an undisclosed operator in Southeast Asia.The drilling program is expected to start in Q4 2022, in direct continuation of the current contract…

Jack-up Rig Utilization, Pricing to Hit Pre-pandemic Levels in 2022, Shelf Drilling CEO Says

May 13, 2022

Tendering activity for jack-up drilling rigs continues to improve, especially in the past two months, with global utilization expected to hit pre-pandemic levels in 2022.This is according to David Mullen, CEO of shallow-water oil and gas drilling rig contractor Shelf Drilling…

Sasanof-1 Drilling: Rig Preps, Checks Underway ahead of Offshore Mobilization, Western Gas Says

May 12, 2022

Valaris' MS-1 semi-submersible drilling rig, currently anchored in the Dampier outer harbor in Australia, is on schedule to start tow to the Western Gas' Sasanof-1 location on Monday, May 16, 2022, the oil and gas company said Thursday. 'Western…

SapuraOMV Spuds Kanga-1 Well Offshore W. Australia

May 10, 2022

SapuraOMV has started drilling at the Kanga-1 well in the WA-412-P offshore license in Western Australia, Finder Energy, a partner in the project said Tuesday.The well is located in the Dampier Sub-basin, around 20 km east of the Mutineer/Exeter and Fletcher/Finucane oil fields…

Western Gas: Equipment Mobilization Starts ahead of Sasanof-1 Drilling Kick-off

May 06, 2022

Australian oil and gas company Western Gas, gearing up to start drilling at its promising Sasanof-1 prospect off W. Australia, has said that the mobilization of equipment to the Valaris MS-1 semisubmersible drilling rig has now started in preparation…

Petronas Books JDC Semi-sub for Up to Ten Wells Offshore Sarawak

May 06, 2022

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC)  has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…

INPEX Starts Drilling Operation Offshore Japan

May 06, 2022

Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…

SapuraOMV Set to Spud Kanga-1 Well Offshore W. Australia

May 05, 2022

Oil and gas company SapuraOMV is set to start drilling the Kanga-1 well offshore Western Australia in a few days, ASX-listed oil and gas company Finder Energy, a partner in the project, said Thursday.Finder said that the Diamond Offshore Ocean…

China: After Jade Well Duster, Empyrean Eyes Topaz Prospect Drilling in 2023

May 05, 2022

Oil and gas company Empyrean Energy plans to drill another well in its Block 29/11 offshore China, despite the disappointing result from the Jade well announced last week.Empyrean drilled the Jade well, which it had described as a 'world-class' prospect…

Pavo-1 Discovery is 'Stellar' Exploration Success, Carnarvon Says. Shares Resource Estimate

May 02, 2022

Australian oil and gas company Carnarvon Energy said the recent Pavo-1 oil discovery it made with operator Santos offshore W. Australia was a 'stellar exploration success.'The company has completed its Pavo resource assessment and said that…

Saudi Aramco to Keep Shelf Drilling's Jack-up Busy Until May 2025

Apr 27, 2022

Jack-up drilling rig specialist Shelf Drilling has secured a three-year contract extension for the High Island V jack-up rig with Saudi Aramco.The contract for the rig of the Marathon LeTourneau 82-SD-C design will start in direct continuation of its current contract in the Arabian Gulf…

Schlumberger Posts Higher 1Q Profit as Rising Oil Prices Boost Demand for Its Services

Apr 22, 2022

Top oilfield services firm Schlumberger reported a higher first-quarter profit on Friday and increased its dividend by 40%, as rising oil prices boosted demand for services and equipment.Oil prices climbed to their highest in more than a decade…

Offshore Drilling: Santos Fails to Replicate Pavo-1 Success at Apus-1 Well in Australia

Apr 19, 2022

Australian oil and gas company Santos has not found commercial hydrocarbon quantities at its Apus-1 well, located offshore W. Australia, 27 kilometers from the successful Pavo-1 well discovery.Carnarvon Energy, Santos' partner in the license WA-437-P…

Excellent Progress Made with Jade Well Drilling, Empyrean Says

Apr 19, 2022

Empyrean, an oil and gas company that recently started drilling at its Jade prospect offshore China, said Tuesday that the NH9 semi-submersible drilling rig was making excellent progress at the well.The company said that the rig had drilled…

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