Oil supermajor Shell has made a material discovery at the Blacktip North prospect in the deepwater of the U.S. Gulf of Mexico. Shell said that the Blacktip North well encountered approximately 300 feet net oil pay at multiple levels. Evaluation is currently ongoing to further define development options. Blacktip North is located in OCS block […]
Oilfield Cowboy Offshore rig owner Maersk Drilling has secured a one-well contract with Austrian oil company OMV for one of its jack-up drilling rigs. Maersk Drilling stated that OMV employed the low-emission jack-up rig Maersk Intrepid to drill a high-pressure, high-temperature exploration well offshore Norway. According to the offshore driller, the rig will drill in […]
#oil and gas #oil #oilfield #roughneck #drilling #rig The U.S. added seven land rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on November 19. Total rig figures in the country now stand at 563, the latest count shows, comprised of 546 land rigs, 15 offshore rigs and two […]
#oilandgas#oilfield#refinery#oil#drilling#rougnck#cowboy Phillips 66 (NYSE: PSX) has announced that it plans to convert its Alliance Refinery in Belle Chasse, Louisiana, to a terminal facility. The conversion is expected to take place in 2022, Phillips 66 highlighted. The refinery employs approximately 500 employees and 400 contractors, according to the company. “We made this decision after exploring several […]
#oilfield, #oil and gas, #drilling, #rig, #roughneck, #cowboy The Biden administration is selling drilling rights across the Gulf of Mexico on Wednesday in an auction that will test the oil industry’s appetite amid White House efforts to shift away from fossil fuels. The sale will take place despite pleas from environmental activists for its cancellation, […]