Tuesday, July 31, 2012
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Thursday, May 31, 2012
ND oil rig count
A record number of oil rigs are drilling in North Dakota's oil patch.
State statics show a record 214 rigs were drilling on Friday and more than 95 percent of them are targeting the Bakken and Three Forks formations in western North Dakota.Records show the number of wells awaiting hydraulic fracturing services stands at 248, which is about average.
3 DECADES AHEAD
North Dakota officials say a typical well drilled in the rich Bakken and Three formations will produce about 540,000 barrels of oil over its 29-year lifespan.
The State Department of Mineral Resources says a horizontal well in the formations cost an average of $7.9 million to drill and complete.
The agency says each Bakken and Three Forks well will generate more than $20 million in net profit over its lifetime, and pay more than $4.5 million in taxes.
The average well also will pay about $7.5 million in royalties to its mineral owners.
Extract from http://minnesota.publicradio.org/display/web/2012/05/29/bakken-oil-rig-count/
Jackup Rigs for sale
Jackup Rig order at Keppel
Maersk Drilling has ordered a new ultra-harsh environment jack-up rig from
Singapore's Keppel for work on Statoil's Dagny field in the North Sea, Maersk
said.
"The total project cost for the rig is close to $650 million," Maersk Drilling, a unit of Danish shipping and oil group A.P. Moller-Maersk, said in a statement.
The new rig, scheduled to be delivered at the beginning of 2015, will be built at Keppel FELS in Singapore and will be identical to the two jack-up rigs ordered in February 2011, Maersk Drilling said.
Extract from http://uk.reuters.com/article/2012/05/31/maersk-idUKL5E8GVDY520120531
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Worldwide Land Rig Brokers
"The total project cost for the rig is close to $650 million," Maersk Drilling, a unit of Danish shipping and oil group A.P. Moller-Maersk, said in a statement.
The new rig, scheduled to be delivered at the beginning of 2015, will be built at Keppel FELS in Singapore and will be identical to the two jack-up rigs ordered in February 2011, Maersk Drilling said.
Extract from http://uk.reuters.com/article/2012/05/31/maersk-idUKL5E8GVDY520120531
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Worldwide Land Rig Brokers
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