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Workover Rig

Warro-5 flows Gas Testing to Start

Warro Project Courtesy Transerv Energy

  Transerv Energy informed that fracture stimulation work has been successfully concluded at the Warro-5 well in WA’s Mid-West. The Warro-5 and Warro-6 wells are now being completed in preparation for long term gas testing. Warro-5 stimulation operations were completed on 7th January and all the equipment is now being demobilized from site. The final, second stage at Warro-5 resulted in the 305,000 pounds (138,400kg) of proppant being placed in the gas reservoir. Combined with the deeper Stage 1, Warro-5 has injected 385,000 pounds (175,000kg) of proppant over an interval 4330 – 4410mRT. Clean-up flows at Warro-5, conducted over the weekend yielded a sustained gas flow with a continuous flare. Like Warro-6, the gas rate could not be measured. This will be done once metering equipment, required for the extended testing programme, is installed. At Warro-6, the Enerdrill workover Rig 1 is now preparing to run 2 3/8” production tubing a>er which a jet pump will be placed in the well to assist with the recovery of any liquids. An identical completion will be installed immediately afterwards at Warro-5. Gas flow testing is expected to commence at both Warro-5 and 6 wells during the second half of January 2016 and is planned to continue through Q1 and Q2 2016.  


Brinker Exceeds Operator Requirements, Zero Failures

UK based, oil and gas technology company Brinker is celebrating a year of zero failures as its game-changing Platelet barrier technology redefines working practices in the global well integrity market. It is estimated at any one moment, across the world, between 20 and 30% of existing wells do not operate due to integrity issues. Brinker’s Platelet technology enables operators to bring shut-in wells or wells producing under dispensation back online in a matter of hours.


Dockwise Secures $45m in Contracts

Dockwise Ltd. announced nine near and midterm contracts awarded to its subsidiary, Dockwise Shipping, for the transportation of jack- up and semi submersible drilling rigs, dredging equipment and various other cargoes. Total revenues for the contracts are approx $45m. On behalf of Noble Drilling, Dockwise Shipping is to transport the drilling rig Noble Roy Butler to its new assignment in the Gulf of Mexico.  Following the recent announcement that Dockwise had been contracted to


New Light Well Intervention Vessel

Light well intervention (LWI) vessel Island Constructor. (Photo: Island Offshore)

Statoil has awarded Island Offshore a framework agreement for a new light well intervention (LWI) vessel on the Norwegian continental shelf (NCS). The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery. Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor


Tyrihans Field Contract for Fugro

Fugro Structural Monitoring, a division of Fugro Global Environmental & Ocean Sciences Ltd., has been awarded a contract from FMC Technologies to provide a riser management system for the completion/workover riser for Statoil’s Tyrihans Field in the Norwegian North Sea. Working in partnership with MCS, Fugro Structural Monitoring will supply its riser management system, IRIS-RMS, for the project’s C/WO rig. Tyrihans is one of the biggest development projects on the Norwegian


Superior Energy Christens Liftboat

Superior Future Photo.JPG

  Superior Energy Services’ Marine Services Division christened its new 175-ft class liftboat, the Superior Future, on Friday, June 27 at Marine Industrial Fabrication at 4912 Marina Rd., New Iberia, La.   Connie Babin, Superior’s Marine Services Division traffic coordinator, performed the christening.  Guests from the industry, media and local government had the opportunity to tour the vessel, and lunch was served onboard. 


Statoil Awards US$ 5-billion Offshore Drilling Contracts

KCA Deutag, Odfjell Drilling, and Archer are to share 30 billion kroner’s (USD 5 billion) worth of Statoi offshore drillingl contracts on the Norwegian Continental Shelf The five billion dollar assignment includes drilling of new wells, plugging of old wells, workover and maintenance of drilling facilities on 18 of Statoil’s 20 fixed platforms on the Norwegian Continental Shelf (NCS). According to the company, it is the largest NCS contract award since 2010.


Offshore Rig Count

Wolrdwide Offshore Rig Counts Continue To Rise Offshore rig counts continue to rise, according to Offshore Data Services' weekly mobile offshore rig count. The U.S. Gulf's offshore rig utilization rate jumped over 80 percent for the first time since late 1998 due to a net five-rig increase in contracted rigs in the region. This week, 161 of 199 rigs are under contract in the region. U.S. Gulf mobile offshore rig utilization is 81.0 percent.


Gulf Of Mexico Rig Count Increases

The U.S. Gulf of Mexico offshore rig count continues to rebound, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 mobile offshore drilling rigs in the U.S. Gulf are under contract, a four-rig increase over last week's week count and a seven-rig increase on a month-to-month basis. U.S. Gulf rig fleet utilization this week is 78.0 percent. The European offshore rig count continues to decline


Gulf Of Mexico Rig Count Declines

The U.S. Gulf of Mexico rig count declined for the first time in four weeks, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 rigs deployed in the U.S. Gulf of Mexico are under contract, two less than were under contract last week. U.S. Gulf offshore rig utilization now stands at 78.0 percent. The European offshore rig count declined by one rig, the result of a contracted rig moving out of the area


Keppel Posts Lower Q2 Profit, Warns on Rig Outlook

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion.   Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market.  


Paragon Offshore Comes Out of Bankruptcy

Photo: Paragon Offshore

 Paragon Offshore Group announced that it has emerged from bankruptcy after completing a restructuring that eliminated USD 2.3 billion of debt.   The successor company to Paragon Offshore PLC , which filed for bankruptcy in February 2016 with USD 2


SolstadFarstad Wins Australian Contract

Image: Left - Far Senator, Right - Far Statesman. Photo: SolstadFarstad ASA

 Norway’s offshore vessel provider SolstadFarstad has secured a contract with Australian energy company Cooper Energy to support drilling operations within the Bass Strait region of Australia.   The contract consists of the  two anchor handling tug and supply vessels - Far


Lundin Extends Contract for Ocean Rig

Image: Ocean Rig

 Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson.    In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells


GE, Maersk Drilling Accelerate Digital Partnership

 The image shows Maersk Drilling’s rig Integrator. Photo Credit: Maersk Drilling

The 'digital revolution' continues in earnest in the maritime and offshore energy sectors, driven by new pilot programs with positive results such as GE (NYSE: GE) and Maersk Drilling, which announced this morning an extension of the scope of their digital partnership following the positive


Stena Drilling Extends Inspection Contract with Sparrows

Stena Don (Photo: Stena Group)

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels. The contract scope includes carrying out LOLER lifting gear surveys, potential dropped objects surveys


OSV Companies Running Out of Options -Study

© corlaffra / Adobe Stock

As oil continues to sell below $50 per barrel, 2017 could be one of the toughest years in decades for Offshore Supply Vessel (OSV) companies, according to a study of 44 companies in the industry by AlixPartners.   The firm’s analysis highlights these companies’ rising debt


EU Needs to Address Decommissioning of Floating Oil and Gas Structures

Photo: EESC

 A joint event between the European Economic and Social Committee (EESC) and three Green Members of the European Parliament highlighted the paradox between the strict rules under OSPAR for the decommissioning of fixed oil platforms from the North Sea with the rules that govern the recycling


US Oil Drillers Cut Rigs for First Week since January

© Stojanovic Milos / Adobe Stock

U.S. oil drillers cut rigs this week for the first time since January and the pace of additions slowed this quarter due to declines in crude prices despite an OPEC-led effort to cut production and end a multi-year supply glut.   Analysts, however


GoM Rigs Evacuated ahead of Storm Cindy

Image: NOAA National Hurricane Center

Facing incoming Tropical Storm Cindy, offshore oil and gas operators in the Gulf of Mexico have begun evacuating platforms and rigs as the storm moves north-westward toward the U.S. Gulf Coast.   Data from offshore operator reports submitted to the Bureau of Safety and Environmental


Truston Achieves ISO 9001:2015 Certification

Marine security services company Truston said its Quality Management System (QMS) achieved  ISO 9001:2015 with Design Standard,. Truston partnered the West Virginia Manufacturing Extension Partnership to fine-tune its QMS to include all the enhancements in the latest 2015 standard


Noble Drillship Bags New Contract

Noble Bob Douglas. Photo: Noble Corporation

 Noble Corporation has been awarded new contracts for one of its drillships under which the unit will operate in the U.S. Gulf of Mexico and later Suriname.   The 2013-built drillship Noble Bob Douglas has been awarded a contract with Murphy Oil


U.S. Natural Gas Prices Tumble as Coal Surges

File Image (credit Inland Marine)

U.S. natural gas prices have tumbled by more than 10 percent since late May as hedge funds start to liquidate a near-record bullish position accumulated in the expectation of a tighter market that failed to materialise.   Hedge funds and other money managers reduced their combined net long


Saudi Aramco Inks Deals to Build Gulf's Biggest Shipyard

File Image (CREDIT: AdobeStock / (c) Burnell11)

Bahri, Lamprell, Hyundai Heavy are partners and will build VLCC's starting in 2019.   Saudi Aramco plans to build the Gulf's largest shipyard through a joint venture with three companies that it announced on Wednesday, a $5.2 billion project aimed at helping reduce the economy's reliance on


U.S. Freight Recovery Spurs Diesel Demand

File Image: CREDIT AEP

U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018.   The tonnage of freight moved by road, rail, barge, pipeline and air cargo has been increasing year on year since October






 
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