Transocean received a five-well contract in the Eastern Mediterranean Sea with an undisclosed operator for the drillship Deepwater Asgard, the company announced 16 April. The 390-day campaign is expected to begin in Q4 2026. The contract is valued at approximately $158 million in backlog, excluding additional services and compensation for mobilization and demobilization.

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Georgina Energy issued a letter awarding Ensign Australia the drilling contract for a re-entry well at the Hussar prospect in EP513, onshore Australia, though final contract terms remain under negotiation. The program will use an Ensign 970 ADR-1500 automated drilling rig, which has a hookload capacity of 750,000 lbs and is capable of drilling to …

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Stena Drilling received a contract from Energean Hellas to drill one exploration well offshore Greece using the drillship Stena DrillMAX. The well is located in Block 2 in the northwestern Ionian Sea and will require managed pressure drilling (MPD). It is the first deepwater well to be drilled offshore Greece. Operations are expected to begin …

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Dolphin Drilling signed a letter of intent for a contract for the semisubmersible Borgland Dolphin. The undisclosed client’s contract is valued at approximately $230 million and is scheduled to begin in the second half of 2027, in direct continuation following the rig’s release from an existing contract with Repsol. The firm term runs through October …

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Obsidian Energy rig-released 11 wells in Peace River during Q1 2026, including five Clearwater producers, four Clearwater injection wells and two Bluesky producers, spanning the Nampa, Harmon Valley South, Cadotte and West Dawson fields. The West Dawson 09-21 Clearwater pad delivered an IP22 of 299 boe/d per well, with oil quality of 16.5 API gravity. …

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