Jackup

North American Oil, Natural Gas Activity Static, but Look for Improvements in 2024, Says NOV CEO

North American Oil, Natural Gas Activity Static, but Look for Improvements in 2024, Says NOV CEO

Oil and natural gas activity in the global offshore and on international land carried Houston-based NOV Inc. during the third quarter, as the North American onshore market retreated, CEO Clay Williams said Friday. During a conference call to discuss quarterly results, Williams said the oilfield technology specialist improved revenues and margins on the backs of…

October 30, 2023

Transportation Notes

Piping on the Bay Marchand 5 platform offshore southeastern Louisiana was damaged during Hurricane Lili, Tennessee said. A jackup rig is scheduled to be on site Dec. 18 to perform repairs that are expected to last eight days. Physical flow will be suspended Dec. 18-25 at the following meters: Bay Marchand 24, Grand Isle 47, South Timbalier 22, Grand Isle 48J, South Timbalier 54/55E, and South Timbalier 23. A second Bay Marchand meter will be affected, but its block number was not identified.

December 6, 2002

Sable Rig Spuds First Production Well

Mobil said the Santa Fe Galaxy II jackup drilling rig hasspudded its first production well at the Sable Offshore EnergyProject (SOEP). The Galaxy II joins the Rowan Gorilla II rig, whichhas been drilling in the area since June. Construction on the $1.3billion SOEP (Mobil share 50.8%), which began in January, is nowwell over one-third completed and on schedule to deliver gas tomarket by November 1999.

November 23, 1998