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.
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  • Baker Hughes Reports US Rig Rebound

    The number of rotary drilling rigs operating in the United States rebounded this past week, according to Baker Hughes.
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  • Total Awards Suriname Drilling Contract

    Maersk Drilling anticipates a firm total of $100 million from the two-rig contract. PHOTO SOURCE: Maersk Drilling
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  • Odfjell 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.
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  • Seadrill Wins GOM Contracts

    Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.
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  • Baker Hughes Rig Counts Show US Decline

    The overall US rotary rig count fell slightly this week.
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  • Norway 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.
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  • Transocean Wins Petrobras Contract Extensions

    Petrobras has extended contracts for a pair of Transocean ultra-deepwater drillships.
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  • NOV and NexTier to Test Electric Frac Prototype

    The companies will jointly field-test a prototype of NOV's electric fracturing system.
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  • Shell 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.
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  • Feds Propose 2021 Offshore Lease Sale

    BOEM on Tuesday proposed offering approximately 78.2 million acres for a March 2021 region-wide GOM lease sale.
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  • CGG 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.
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  • How 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.
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  • Maersk Drilling Secures Contract Extension

    Brunei Shell Petroleum has decided to extend its contract for the Maersk Viking drillship. PHOTO SOURCE: Maersk Drilling
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  • Drilling Uptick Set to Continue

    Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
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  • Baker Hughes Counts Show 15 More Rigs

    The rotary rig counts for the US and Canada rose this past week.
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  • Norway Court Decision Could Nix 10 Arctic Licenses

    Climate activists are trying to drag western Europe's biggest oil producer out of the Arctic.
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  • Permian 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.
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  • Tullow 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.
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  • ConocoPhillips Hits Gas Pay in Norwegian Sea

    ConocoPhillips has reported a new gas condensate discovery offshore Norway.
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