Brazil's government-run oil company, Petroleo Brasileiro SA (PBR, PETR4.BR) on Thursday said it has canceled a much-delayed tender to buy 21 offshore drill rigs, and will instead open direct negotiations with two suppliers.
"The company will immediately begin negotiations with the two proponents, Ocean Rig do Brasil Ltda and Sete Brasil Participacoes S.A., with the objective of securing the best conditions," Petrobras said in a statement
Petrobras didn't provide any reasons for the change of plan. The drill rigs are scheduled to be built in Brazil.
Earlier this year, Petrobras signed a separate contract with Sete Brasil to build a lot of seven offshore drilling rigs. That deal was the first tender in a broader 28-rig order planned by the company.
This is an extract from http://online.wsj.com/article/BT-CO-20111222-713548.html
Friday, December 23, 2011
Keppel's unit secures US$809m contract to construct drilling rig
Keppel's unit secures US$809m contract to construct drilling rig
By CARINE LEE
Keppel Offshore & Marine Ltd on Thursday announced that through its subsidiary, Fernvale Pte Ltd, it has secured a US$809 million contract from Urca Drilling BV, for the design and construction of a semisubmersible (semi) drilling rig.
The rig will be based on Keppel's proprietary DSS 38E design, which is an enhancement of Keppel's proven fifth generation deepwater solution, the DSS 38.
The DSS 38E is designed to meet the stringent requirements of the deepwater 'Golden Triangle' region, comprising Brazil, Africa and the Gulf of Mexico. It is rated to drill to depths of 10,000 metres below the rotary table in 3,000 metres water depth.
Measuring 108 metres in overall length, the DSS 38E has a main deck size of 73 metres by 73 metres. Its operational displacement is approximately 45,000 tonnes.
The DSS 38E has accommodation facilities to house a crew of up to 160 men with both vertical and horizontal riser storage.
Scheduled for delivery in the fourth quarter of 2015, the rig is intended to support the exploration of Brazil's estimated 50 billion barrels of deep-sea oil and gas reserves.
This is an extract from http://www.businesstimes.com.sg/sub/latest/story/0,4574,470916,00.html
USED Land Drilling Rigs For Sale
Jackup Rigs For Sale
By CARINE LEE
Keppel Offshore & Marine Ltd on Thursday announced that through its subsidiary, Fernvale Pte Ltd, it has secured a US$809 million contract from Urca Drilling BV, for the design and construction of a semisubmersible (semi) drilling rig.
The rig will be based on Keppel's proprietary DSS 38E design, which is an enhancement of Keppel's proven fifth generation deepwater solution, the DSS 38.
The DSS 38E is designed to meet the stringent requirements of the deepwater 'Golden Triangle' region, comprising Brazil, Africa and the Gulf of Mexico. It is rated to drill to depths of 10,000 metres below the rotary table in 3,000 metres water depth.
Measuring 108 metres in overall length, the DSS 38E has a main deck size of 73 metres by 73 metres. Its operational displacement is approximately 45,000 tonnes.
The DSS 38E has accommodation facilities to house a crew of up to 160 men with both vertical and horizontal riser storage.
Scheduled for delivery in the fourth quarter of 2015, the rig is intended to support the exploration of Brazil's estimated 50 billion barrels of deep-sea oil and gas reserves.
This is an extract from http://www.businesstimes.com.sg/sub/latest/story/0,4574,470916,00.html
USED Land Drilling Rigs For Sale
Jackup Rigs For Sale
Monday, December 12, 2011
3-1.16" 10K Hydraulic Chokes for Sale- Worldoils Oil, gas and offshore equipment marketplace
Part Number : SWACOHYD311610
MCM Choke hydraulic Swaco style 3 1/16" 10M Flanged inlet/outlet connections; MATL: DD/EE (H2S / low CO2 service - SS/TC super trim), Temp : PU, PSL:1, PR:1, API 6A, flanged BX-154; API monogrammed.
Each Unit ; Quantity : 2
Monday, November 28, 2011
Tuesday, November 22, 2011
Sunday, November 20, 2011
Friday, November 11, 2011
Sunday, November 6, 2011
Marine Generators
Marine Generators for sale
Quantity : 8 sets
Description :
8 each Caterpillar 16-Cylinder, direct injected, turbocharged, diesel oilfield engine, with separate-circuit aftercooler and optimized for low emissions.
Engine rotation is standard (counter-clockwise as viewed from flywheel end).
Rated 1855 BHP (1383 BKW) without fan, with NOV Baylor 2150 KVA generator (Generator rated at 600V)
Includes :
Air Inlet System
Control System
Exhaust System
Flywheels & Flywheel Housing
Fuel System
Instrumentation
Lube System
Power Take-offs
Protection System Adem A3
Configured for Radiator cooling (Radiator not included)
Quantity : 8 sets
Description :
8 each Caterpillar 16-Cylinder, direct injected, turbocharged, diesel oilfield engine, with separate-circuit aftercooler and optimized for low emissions.
Engine rotation is standard (counter-clockwise as viewed from flywheel end).
Rated 1855 BHP (1383 BKW) without fan, with NOV Baylor 2150 KVA generator (Generator rated at 600V)
Includes :
Air Inlet System
Control System
Exhaust System
Flywheels & Flywheel Housing
Fuel System
Instrumentation
Lube System
Power Take-offs
Protection System Adem A3
Configured for Radiator cooling (Radiator not included)
Can Natural Gas Last?
This is an extract from : http://english.farsnews.com/newstext.php?nn=9007272252
Iran to Live on Natural Gas Reserves for 100 Years
TEHRAN (FNA)- Iran's oil ministry said the country's natural gas reserves will live up to 100 years. The National Iranian Oil Company (NIOC) Director for Research and Technology Mohammad Ali Emadi said according to Iran's fifth five-year development plan (2010-2015), the country's gas production capacity should increase by 250 million cubic meters per day.
The South Pars/North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. According to the International Energy Agency, the field holds an estimated 50.97 trillion cubic meters of in-situ gas and some 50 billion barrels of condensate.
Iran's share of the field has 14 trillion cubic meters of natural gas and more than 18 billion barrels of gas condensate reserves.
For Land Driling rig Builders
Iran to Live on Natural Gas Reserves for 100 Years
TEHRAN (FNA)- Iran's oil ministry said the country's natural gas reserves will live up to 100 years. The National Iranian Oil Company (NIOC) Director for Research and Technology Mohammad Ali Emadi said according to Iran's fifth five-year development plan (2010-2015), the country's gas production capacity should increase by 250 million cubic meters per day.
The South Pars/North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. According to the International Energy Agency, the field holds an estimated 50.97 trillion cubic meters of in-situ gas and some 50 billion barrels of condensate.
Iran's share of the field has 14 trillion cubic meters of natural gas and more than 18 billion barrels of gas condensate reserves.
For Land Driling rig Builders
Monday, October 31, 2011
Monday, October 17, 2011
Wednesday, September 28, 2011
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Thursday, September 22, 2011
Wednesday, September 21, 2011
Modular Platform Workover Rig- Worldoils Oil, gas and offshore equipment marketplace
Diesel-electric Workover Platform Rig Module - Used
Specifications
Workover depth : 13,000 ft (dual, 3 - 1/2", 13.3 ppf drill pipe)
Workover depth : 13,000 ft (dual, 3 - 1/2", 13.3 ppf drill pipe)
Hook load capacity : 350,000 lbs (158.78 mt)
Drawwork powers : 800 hp
Top drive system : tesco 250 t, 400 hp
Derrick clear height : 110 ft
Drilling line diameter : 1 - 1/8 inch
Travelling system : web wilson 250 t
Mud pumps : two 600 hp gardner denver, compact 600
Mud pumps max wp : 5,000 psi
Capping beams spacing : 30 ft
Well covering area : 30 ft to 65 ft
Rig max total weight : 1,873,910 lbs (850 mt)
Sunday, September 18, 2011
Analysis: For oil explorers, it pays to buy, not rent
This is am extract from http://www.reuters.com/article/2011/09/16/us-oilexplorers-idUSTRE78F3AA20110916
(Reuters) - U.S. oil and natural gas producers are buying onshore drilling rigs and related equipment to keep their costs in check, rather than rent from oilfield services providers who have bumped up prices amid strong demand for work in shale fields.
With a 15-20 percent increase in the cost of land-based drilling, North America had the highest cost escalation in the past 12 months, said Pritesh Patel, a director at IHS Capital Costs Analysis Forum.
For nearly two decades up to 2008, exploration and production costs rose exponentially. That increase slowed in 2009 in the recession, but costs have risen again since.
While rig prices and production costs have followed a similar trajectory, the rise in rig prices has been far less marked. A rig today costs about as much as it did in 2008, according to Brian Uhlmer of Global Hunter Securities.
The rise in onshore exploration costs has been inflated by higher daily rates charged for scarce rigs, and the costs of fracking -- a controversial process in which water, sand and chemicals are blasted into shale wells. This has hit margins and budgets at oil companies.
Oasis Petroleum (OAS.N), Pioneer Natural Resources (PXD.N), Clayton Williams (CWEI.O) and Magnum Hunter Resources (MHR.N) have already bought rigs and other equipment as they look to trim costs and control their drilling activity.
Oasis Petroleum, which used to spend 30-40 percent of its entire well cost on pressure pumping, now has an in-house pressure pumping business in the pipeline.
"The broader overall economics of this decision are quite compelling ... Oasis can save $800,000-$1 million per well, gross," CEO Tommy Nusz said on a conference call last month.
Oasis spokesman Richard Robuck said the company will spend $24 million this year on pressure pumping equipment and expects to have a 1-year pay-back.
Companies such as EOG Resources (EOG.N) and Range Resources (RRC.N) would also be better off buying their own rigs, analysts said, as they were adequately funded and have drilling potential for the next few years.
"Cost is a key consideration, but also just access (to equipment) ..." said Global Hunter Securities analyst Dan Morrison.
Chesapeake Energy (CHK.N), the second-largest U.S. natural gas producer, which in April agreed to buy rig owner Bronco Drilling BRNC.O, has said it wants to bring more of its services in-house.
Typically a company can re-coup the $20 million or so cost of a rig within two years, analysts say.
"Buying versus renting, that's what it boils down to. If you have the money to buy, it will be cheaper than renting," said FBR Capital Markets analyst Rehan Rashid.
IHS's Patel said day rates for a land rig typically range from $28,000-$35,000, depending on specification. A basic rig of 1,500-1,700 horse-power costs $14-$15 million, with extra fittings adding another $5-$7 million.
BIG AND BOLD
"If you're large enough to keep a rig running for several years, the theory is that you will save costs by running your own rig versus paying the day rate to a rig company," said Neal Dingmann, an analyst at Suntrust Robinson Humphrey said.
Pioneer, which will own 14 drilling rigs by the year-end, expects total annualized savings of around $460 million, spokeswoman Susan Spratlen wrote in response to an e-mail inquiry for this article.
Spratlen also said Pioneer plans to add another 50,000 hydraulic horsepower of fracking equipment next year, and will look at expanding further if market rates remain high.
"A lot of the specialist services are limited in supply, and demand is increasing exponentially, so you're going to see increases in the cost of services," Patel said.
Midland, Texas-based Clayton Williams, which owns and operates 12 drilling rigs, said it is constructing two more which are expected to be operational during the third quarter.
"Owning our own rigs helps control our cost structure and provides us flexibility to take advantage of drilling opportunities on a timely basis," the company said.
Magnum Hunter, valued at a little below $600 million, is looking to buy two new drilling rigs.
IF OIL DIPS?
Companies expect higher drilling activities even if oil prices drop from current levels, and analysts said most will continue buying rigs and equipment as long as oil trades above $70 per barrel.
"The rig market is extremely tight, tighter than people realize," said Dingmann at Suntrust Robinson Humphrey.
Ben Palmer, Chief Financial Officer at RPC Inc (RES.N), predicts the oilfield services market will remain tight over several quarters.
Owning rigs could also help oil and gas producers generate additional revenue.
"As E&P companies get a rig fleet ... and they don't need the equipment, they can certainly sub-contract, and create some side revenue," said Raymond James analyst Andrew Coleman.
(Reporting by Swetha Gopinath and Vaishnavi Bala in Bangalore, Editing by Ian Geoghegan)
(Reuters) - U.S. oil and natural gas producers are buying onshore drilling rigs and related equipment to keep their costs in check, rather than rent from oilfield services providers who have bumped up prices amid strong demand for work in shale fields.
With a 15-20 percent increase in the cost of land-based drilling, North America had the highest cost escalation in the past 12 months, said Pritesh Patel, a director at IHS Capital Costs Analysis Forum.
For nearly two decades up to 2008, exploration and production costs rose exponentially. That increase slowed in 2009 in the recession, but costs have risen again since.
While rig prices and production costs have followed a similar trajectory, the rise in rig prices has been far less marked. A rig today costs about as much as it did in 2008, according to Brian Uhlmer of Global Hunter Securities.
The rise in onshore exploration costs has been inflated by higher daily rates charged for scarce rigs, and the costs of fracking -- a controversial process in which water, sand and chemicals are blasted into shale wells. This has hit margins and budgets at oil companies.
Oasis Petroleum (OAS.N), Pioneer Natural Resources (PXD.N), Clayton Williams (CWEI.O) and Magnum Hunter Resources (MHR.N) have already bought rigs and other equipment as they look to trim costs and control their drilling activity.
Oasis Petroleum, which used to spend 30-40 percent of its entire well cost on pressure pumping, now has an in-house pressure pumping business in the pipeline.
"The broader overall economics of this decision are quite compelling ... Oasis can save $800,000-$1 million per well, gross," CEO Tommy Nusz said on a conference call last month.
Oasis spokesman Richard Robuck said the company will spend $24 million this year on pressure pumping equipment and expects to have a 1-year pay-back.
Companies such as EOG Resources (EOG.N) and Range Resources (RRC.N) would also be better off buying their own rigs, analysts said, as they were adequately funded and have drilling potential for the next few years.
"Cost is a key consideration, but also just access (to equipment) ..." said Global Hunter Securities analyst Dan Morrison.
Chesapeake Energy (CHK.N), the second-largest U.S. natural gas producer, which in April agreed to buy rig owner Bronco Drilling BRNC.O, has said it wants to bring more of its services in-house.
Typically a company can re-coup the $20 million or so cost of a rig within two years, analysts say.
"Buying versus renting, that's what it boils down to. If you have the money to buy, it will be cheaper than renting," said FBR Capital Markets analyst Rehan Rashid.
IHS's Patel said day rates for a land rig typically range from $28,000-$35,000, depending on specification. A basic rig of 1,500-1,700 horse-power costs $14-$15 million, with extra fittings adding another $5-$7 million.
BIG AND BOLD
"If you're large enough to keep a rig running for several years, the theory is that you will save costs by running your own rig versus paying the day rate to a rig company," said Neal Dingmann, an analyst at Suntrust Robinson Humphrey said.
Pioneer, which will own 14 drilling rigs by the year-end, expects total annualized savings of around $460 million, spokeswoman Susan Spratlen wrote in response to an e-mail inquiry for this article.
Spratlen also said Pioneer plans to add another 50,000 hydraulic horsepower of fracking equipment next year, and will look at expanding further if market rates remain high.
"A lot of the specialist services are limited in supply, and demand is increasing exponentially, so you're going to see increases in the cost of services," Patel said.
Midland, Texas-based Clayton Williams, which owns and operates 12 drilling rigs, said it is constructing two more which are expected to be operational during the third quarter.
"Owning our own rigs helps control our cost structure and provides us flexibility to take advantage of drilling opportunities on a timely basis," the company said.
Magnum Hunter, valued at a little below $600 million, is looking to buy two new drilling rigs.
IF OIL DIPS?
Companies expect higher drilling activities even if oil prices drop from current levels, and analysts said most will continue buying rigs and equipment as long as oil trades above $70 per barrel.
"The rig market is extremely tight, tighter than people realize," said Dingmann at Suntrust Robinson Humphrey.
Ben Palmer, Chief Financial Officer at RPC Inc (RES.N), predicts the oilfield services market will remain tight over several quarters.
Owning rigs could also help oil and gas producers generate additional revenue.
"As E&P companies get a rig fleet ... and they don't need the equipment, they can certainly sub-contract, and create some side revenue," said Raymond James analyst Andrew Coleman.
(Reporting by Swetha Gopinath and Vaishnavi Bala in Bangalore, Editing by Ian Geoghegan)
Saturday, September 17, 2011
Platform Rig Modular - Used
Used Modular Platform Rig
Platform Modular rig Used
Main rig technical specifications :-
Workover depth : 13,000 ft (dual, 3 - 1/2", 13.3 ppf drill pipe)
Hook load capacity : 400,000 lbs (181.46 mt)
Drawwork powers : 800 hp
Derrick clear height : 100 ft
Drilling line diameter : 1 - 1/8 inch
Traveling system : 551,150 lbs (250 mt) sky top brewster
Mud pumps : one national 8P-80 & one ideco T500
Mud pumps max wp : 5,000 psi
Capping beams spacing : 45 ft to 55 ft 1/4 inch
Rig max total weght : 1,354,748 lbs (614.51 mt)
Platform Modular rig Used
Main rig technical specifications :-
Workover depth : 13,000 ft (dual, 3 - 1/2", 13.3 ppf drill pipe)
Hook load capacity : 400,000 lbs (181.46 mt)
Drawwork powers : 800 hp
Derrick clear height : 100 ft
Drilling line diameter : 1 - 1/8 inch
Traveling system : 551,150 lbs (250 mt) sky top brewster
Mud pumps : one national 8P-80 & one ideco T500
Mud pumps max wp : 5,000 psi
Capping beams spacing : 45 ft to 55 ft 1/4 inch
Rig max total weght : 1,354,748 lbs (614.51 mt)
Sunday, September 11, 2011
Tuesday, September 6, 2011
Monday, September 5, 2011
OIl & Gas Directory
World Oil & Gas Directory
Worldwide Oil, Gas, Offshore & Marine Equipment, Suppliers and Services Directory
AHTS For sale
AHTS For Sale Only some data is shown here. For more info Click Here
PRINCIPAL PARTICULARS :
Length Overall : 59.25 m
Length Waterline : 56.00 m
Breadth Moulded : 14.95 m
Depth Moulded : 6.10 m
Draft (max) : 4.95 m
Built : China
GRT / NRT : 1500 / TBA
Class : American Bureau of Shipping
Notation : A1E, Offshore Support Vessel, Fire Fighting, Class 1 + AMS + DPS1
Flag : (Port of Registry) Singapore
Call Sign : TBA
PERFORMANCE :
Maximum Speed : 13 knots
Economial Speed : 10 knots
Type of Fuel : Marine Gas Oil
Fuel Consumption : 19 m3/24 hours @ 100% MCR ; 12 m3/24 hours @ 85% MCR
Bollard Pull : 65 mton
CARGO CAPACITIES :
Deadweight : 1400 mt
Deck Cargo : 500 mt
Deck Strength : 7.5 mt/m2 uniform loading
Clear Deck Area : 350 m2
Fuel Oil : 600 m3
Fresh Water : 500 m3
Ballast/Drill Water : 400 m3
Liquid Mud : 350 m3
Cement Tank 1 : 87 m3 (4 x 1650 ft3); Unislip
Freezer / Chiller : 10 m3 / 10 m3
Foam / Detergent : 12 m3 / 12 m3
Rig Chain Locker : Nil
PRINCIPAL PARTICULARS :
Length Overall : 59.25 m
Length Waterline : 56.00 m
Breadth Moulded : 14.95 m
Depth Moulded : 6.10 m
Draft (max) : 4.95 m
Built : China
GRT / NRT : 1500 / TBA
Class : American Bureau of Shipping
Notation : A1E, Offshore Support Vessel, Fire Fighting, Class 1 + AMS + DPS1
Flag : (Port of Registry) Singapore
Call Sign : TBA
PERFORMANCE :
Maximum Speed : 13 knots
Economial Speed : 10 knots
Type of Fuel : Marine Gas Oil
Fuel Consumption : 19 m3/24 hours @ 100% MCR ; 12 m3/24 hours @ 85% MCR
Bollard Pull : 65 mton
CARGO CAPACITIES :
Deadweight : 1400 mt
Deck Cargo : 500 mt
Deck Strength : 7.5 mt/m2 uniform loading
Clear Deck Area : 350 m2
Fuel Oil : 600 m3
Fresh Water : 500 m3
Ballast/Drill Water : 400 m3
Liquid Mud : 350 m3
Cement Tank 1 : 87 m3 (4 x 1650 ft3); Unislip
Freezer / Chiller : 10 m3 / 10 m3
Foam / Detergent : 12 m3 / 12 m3
Rig Chain Locker : Nil
Wednesday, July 13, 2011
Rig Mast and Substructures for Sale - 1980 Built- Worldoils Oil, gas and offshore equipment marketplace
General
Built : 1980
Fully Rebuilt : 2006
Cat-III Insp-2010
Quantity : 3
Height : 157ft
Width of base : 30ft
Width of top : 6.9ft
Static hook load : 715,000 lbs
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