Exploration News
Rigzone.com: Exploration News
The latest oil and gas news from around the world.
ADNOC Dishes Out Deal Worth Up To $519MM
ADNOC has announced the award of a contract worth up to $519 million to BGP Inc, a subsidiary of China National Petroleum Company.
Read moreBaker Hughes Reports US Rig Rebound
The number of rotary drilling rigs operating in the United States rebounded this past week, according to Baker Hughes.
Read moreTotal Awards Suriname Drilling Contract
Maersk Drilling anticipates a firm total of $100 million from the two-rig contract. PHOTO SOURCE: Maersk Drilling
Read moreOdfjell Drilling Signs Equinor Contracts for At Least 27 Wells
Odfjell Drilling has signed final rig contracts for a pair of previously announced Equinor drilling campaigns.
Read moreSeadrill Wins GOM Contracts
Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.
Read moreBaker Hughes Rig Counts Show US Decline
The overall US rotary rig count fell slightly this week.
Read moreNorway Opens More Arctic Areas to Oil Sector
Norway is offering fresh exploration licenses in the far north less than a week after the Supreme Court finished hearing an appeal over earlier Arctic permits.
Read moreTransocean Wins Petrobras Contract Extensions
Petrobras has extended contracts for a pair of Transocean ultra-deepwater drillships.
Read moreNOV and NexTier to Test Electric Frac Prototype
The companies will jointly field-test a prototype of NOV's electric fracturing system.
Read moreShell Takes Top Bid Spot for Offshore Lease Sale
The auction generated $120,868,274 in high bids for 93 tracts covering approximately 79 million acres in federal GOM waters.
Read moreFeds Propose 2021 Offshore Lease Sale
BOEM on Tuesday proposed offering approximately 78.2 million acres for a March 2021 region-wide GOM lease sale.
Read moreCGG Nets Large Scale Deals
CGG has announced that Subsurface Imaging, part of its geoscience division, has been awarded two 'large-scale' complex seismic reprocessing contracts by PTTEP.
Read moreHow Much Oil and Gas Has Been Found in 2020?
Global conventional oil and gas discoveries already exceed eight billion barrels of oil equivalent, according to a new Rystad Energy analysis.
Read moreMaersk Drilling Secures Contract Extension
Brunei Shell Petroleum has decided to extend its contract for the Maersk Viking drillship. PHOTO SOURCE: Maersk Drilling
Read moreDrilling Uptick Set to Continue
Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
Read moreBaker Hughes Counts Show 15 More Rigs
The rotary rig counts for the US and Canada rose this past week.
Read moreNorway Court Decision Could Nix 10 Arctic Licenses
Climate activists are trying to drag western Europe's biggest oil producer out of the Arctic.
Read morePermian Drilling Rights Price Falls Nearly 70%
The price to drill an acre of land in the biggest US shale basin has tumbled amid the oil rout, creating conditions ripe for more mergers and acquisitions.
Read moreTullow Awards Contract for Offshore Suriname Well
Tullow Oil plc recently awarded Ramps Logistics a fully integrated contract for its upcoming drilling campaign in Block 47 offshore Suriname.
Read moreConocoPhillips Hits Gas Pay in Norwegian Sea
ConocoPhillips has reported a new gas condensate discovery offshore Norway.
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