North American Rig Count Drops 8

Friday, November 03, 2000
The number of rigs exploring for oil and natural gas in North America fell by eight during the week ending November 3, according to oil services firm Baker Hughes Inc. The number of rigs operating in the United States fell by six to 763 to 1,078 compared to 763 a year ago, while the number of rigs in Canada fell by two to 362, compared with last year's 336, according to Baker Hughes. In the U.S. Gulf of Mexico, the number of rigs searching for oil and gas fell by three to 148 compared to 113 last year. The number of U.S. rigs exploring on land fell five to 906, while the number of rigs operating offshore fell by three to 152. The number of rigs in inland waters rose by two to 20.

Offshore

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Onshore Spending on the Cusp of Recovery?

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US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Workboats

Zumaia Offshore Acqires MPP Workboat Aitana B

In April 2016 Zumaia Offshore, S.L., leading workboat owner and operator based in the Basque Country, took delivery of the Cummins-powered MPP workboat “Aitana

Tuco’s New Arctic Workboat to Debut at SMM

Danish producer Tuco Marine said it will reveal a new Arctic workboat daughter craft at next month’s SMM in Hamburg.   Many arctic patrol vessels, icebrakers

COSCO Delivers PSV and Two Jack-up Rigs

Cosco (Dalian) Shipyard Co., Ltd., a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered two jackups to the Foresight Group of companies

 
 
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