Quantcast

Latest Deepwater drilling Stories

2014-10-06 16:23:01

LAFAYETTE, La., Oct. 6, 2014 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) announced today that it has entered into an agreement to contract the ENSCO 8503 dynamically positioned deep water drilling rig for Stone's multi-year deep water drilling program in the Gulf of Mexico. The primary contract term is for 30 months and is expected to commence during the second quarter of 2015 at a rate of approximately $350,000 per day. The contract permits Stone to exercise options to...

2014-07-28 23:06:40

MarketReportsOnline.com adds "Global Drillship Market Report: 2014 Edition" report to its research store. http://www.marketreportsonline.com/347503.html. Dallas, Texas (PRWEB) July 28, 2014 A drillship is a merchant vessel designed for use in exploratory offshore drilling of new oil and gas wells or for scientific drilling purposes. In most recent years, the vessels are used in deepwater and ultra-deepwater applications, equipped with the latest and most advanced dynamic...

2014-06-21 23:01:15

Demand for ultra-deep water rigs is very high and is increasing due to sustained high oil prices and also the desire of oil & gas companies to achieve production targets is driving the demand in all the regions. http://www.micromarketmonitor.com/market-report/ultra-deep-water-reports-5515041891.html (PRWEB) June 21, 2014 On the account of high prices, offshore oil and gas production has been gradually increasing over the decades and has picked up momentum strongly over the past few...

2014-06-06 16:21:03

HOUSTON, June 6, 2014 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that one of its subsidiaries has entered into a two-year drilling contract for the Rowan Relentless, the fourth and final drillship in Rowan's current construction program. The contract is with Freeport-McMoRan Oil & Gas LLC ("FM O&G"), a subsidiary of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), for operations in the U.S. Gulf of Mexico. The contract is...

2013-11-07 23:02:21

Reportbuyer.com just published a new market research report: Offshore Drilling Industry in Europe to 2016 - Norway a Driving Force for the European Offshore Drilling Industry, Reserves and Development Projects London (PRWEB) November 07, 2013 Summary GBI Research, a leading business intelligence provider, has released its latest research, “Offshore Drilling Industry in Europe to 2016 - Norway a Driving Force for the European Offshore Drilling Industry, Reserves and Development...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.