News

Cyprus Mail on MSN1d
Electra was unsuccessful
In an article in MEES, Peter Stevenson reveals that ExxonMobil’s Electra well in block 5 was unsuccessful. It encountered gas ...
Notably, over 80 percent of the Sakhalin-1 Project drilling rig operators are Russian nationals and project contract awards to Russian companies have reached approximately US$3.8 billion.
According to updated information provided by Guyana’s Maritime Administration Department (MARAD), ExxonMobil is currently ...
Midland Reporter-Telegram on MSN8d
Permian Basin rig count falls to three-year low
Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...
Cyprus is waiting for an official update on Monday after disappointing news from a major offshore drilling project. The drilling at the “Electra” target in block 5 of the island’s exclusive economic ...
An Australian operator has taken a decisive step to drill an offshore appraisal well on a gas discovery that if successful ...
The completion of drilling at the ‘Electra’ field in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ) has been pushed to next ...
Midland Reporter-Telegram on MSN1d
Permian Basin leads rig declines this week
Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...