Exploration News

1. OGDCL Discovers Gas at Lakhirud X-1

   Oil and Gas Development Company Limited has discovered gas at exploration well Lakhirud X-1, which is located in the Musa Khel district in the Balochistan Province.

2. CGG Wins Oman Contract Extension

   Petroleum Development Oman (PDO) has awarded the geoscience technology firm CGG a three-year contract extension.

3. 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.

4. 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.

5. Total Awards Suriname Drilling Contract

   Maersk Drilling anticipates a firm total of $100 million from the two-rig contract. PHOTO SOURCE: Maersk Drilling