The consequences of BOP failure at 20,000 psi and 320 C (608 F) in ultradeep water are driving operators and manufacturers to meet new, more stringent regulations.
Delays for the Deepwater Pontus and Deepwater Poseidon vessels have no impact on the duration or dayrate of the original 10-year operating contracts for the drillships, Transocean said in a statement Oct. 26.
The total rig count for the week ended Oct. 23 fell to 594, the least since July 2010. Over the past eight weeks, drillers cut a total of 81 rigs, oil services company Baker Hughes Inc. said in its closely followed report.
Freshwater, not typical slurry, will run through pumps, significantly reducing need for replacement parts and number of pumps needed on frack job, Energy Recovery CEO Joel Gay said.
Petrofac has ended its contract with ZPMC due to concerns with ZPMC’s performance regarding construction of the proprietary design Petrofac JSD 6000 deepwater multipurpose offshore vessel, Petrofac said.
The report comes as the oil and gas industry continues to endure bleak market conditions with low commodity prices that have caused companies to cut spending and reduce drilling activity.
The contract awarded to Kvaerner Verdal covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup processing platform. The contract awarded to Dragados Offshore S.A. covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup utility and accommodation platform.
Installation of two jackets in the Bul-Hanine Field offshore east of Doha has been scheduled to be completed by December 2016 with the remaining two scheduled for completion in July 2017. The total weight of all four structures combined is 3,495 tons.
Most parts come from onshore rigs, but Noble removed a helipad and crew cabin’s floor from a retiring rig. These parts then improved an offshore rig contracted to Hess, Reuters said.
The order arrived from a supermajor operator. Deep Down will deliver new systems and equipment for installation in the Gulf of Mexico in 2016--the largest order in its history.
With subsea operations continuing to push the boundaries to meet the market’s increasingly stringent requirements, electric ROVs are narrowing the capability gap on their hydraulic cousins.
The reduction in the week ended Oct. 2 brought the total rig count down to 614, the least since August 2010. In the previous four weeks, drillers cut a total of 35 rigs, oil services company Baker Hughes Inc. said in its closely followed report.