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Hercules Drilling News

22 Nov 2018

Equinor Energy Strikes Gas in Barents Sea

Norwegian multinational energy company Equinor Energy has made discovery containing up to 24billion cubic feet of gas in the Barents Sea. Two exploration targets were found, with the first containing between 10 and 20billion cubic feet, the other between one and four billion.The discovery’s profitability is currently unclear, said a statement from the Norwegian Petroleum Directorate (NPD)."Equinor Energy AS has completed the drilling of wildcat well  about 15 kilometres northwest of discovery well (Atlantis) and 370 kilometres north of Hammerfest. The well's primary exploration target was to prove oil in reservoir rocks from the Late Triassic Age (upper part of the Snadd formation)…

17 Aug 2012

Fifth Circuit Decision Defines Scope of Jones Act Employment

An important decision affecting vicarious liability for Jones Act employers for the acts of their employees was issued August 14, 2012 by the Fifth Circuit Court of Appeals. The decision, an action against Hercules Drilling Company represented by LeBlanc Bland, P.L.L.C. with offices in New Orleans and Houston, reverses the Eastern District of Louisiana’s earlier ruling, has significant implications for employers in the maritime industry, confirming the test for course and scope of employment for Jones Act employees. The decision results from a tragic case (Amanda Beech v. Hercules Drilling Company, LLC., No. 11-30415) in which an employee of Hercules Drilling Company, in violation of company policy, unintentionally brought a firearm to his job aboard a jack-up drilling rig.

29 Jun 2011

Hornbeck Offshore New Directors, Promotion of Exec Officer

Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that John T. Rynd and Kevin O. Meyers, Ph.D. have been appointed to its Board of Directors (the "Board"), effective June 23, 2011. Mr. Rynd and Dr. Meyers were appointed to fill the vacancies created by a prior resignation and the Board's decision to increase the number of its directors from seven to eight members. In addition, at the Company's Annual Meeting on June 23, 2011, the shareholders reelected Todd M. Hornbeck and Patricia B. Melcher to the Board. John T. Rynd. Since June 2008, Mr. Rynd, 54, has served as the Chief Executive Officer and President, and as a director, of Hercules Offshore, Inc. (NASDAQ: HERO), a publicly traded global provider of offshore contract drilling, liftboat and inland barge services.

19 Jan 2005

Hercules Offshore Acquires Two Jack-up Rigs

Hercules Offshore, LLC, a leading jack-up drilling and liftboat contractor in the Gulf of Mexico, announced today the acquisition of two jack-up rigs in separate transactions. On January 4, 2005, Hercules Drilling Company LLC, a subsidiary of Hercules Offshore, LLC, completed the acquisition of Rig 25J from Parker Drilling Offshore USA, LLC, a subsidiary of Parker Drilling Company. Rig 25J is an independent leg cantilever jack-up capable working in water depths of 200 feet. On January 13, 2005, Hercules Drilling Company completed the acquisition of the Odin Victory from Porterhouse Offshore L.P. The Odin Victory is a mat- supported jack-up capable of working in water depths of 250 feet.