Operational Updates | Service & Supply | Quarterly / Earnings Reports | Oilfield Services | Second Quarter (2Q) Update | Financial Results | Capital Markets
Noble Lowers Operating Costs; Increases Jackup Rig Activity
Print
|
Noble Corporation plc reported its second quarter 2015 update.
David W. Williams, Chairman, President and Chief Executive Officer of Noble Corporation plc, stated, "Through the first half of 2015, Noble has successfully combined a considerable backlog and strong contract coverage with excellent fleet performance and successful cost management initiatives to deliver solid financial results, in spite of the challenges presented by current market conditions. During the second quarter, we again demonstrated strong and reliable operational execution with fleet downtime at just over 4 percent, which was better than guided levels. Operating costs continued a favorable trend in the quarter, declining approximately 1 percent from the first quarter. Our successful cost management efforts through…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Operational Updates News
Ecopetrol Details Ops, Challenges as Colombian Unrest Continues
Ecopetrol S.A. has commented about certain adverse consequences in the operation of its upstream, midstream, downstream and commercial and marketing segments, due to the ongoing public order situation…
Exxon Outlines Drilling & Frac Strategy for Permian 2020
ExxonMobil provided an update to its Permian Development plan. First we should note that Exxon is the largest drilling company in the Permian with some 30 rigs operating…
Exxon to Cut Permain Rig Count 75% by Year-End; Capex Cut
ExxonMobil Corp. is getting ready for a massive rig cut in the Permian for 2020. In its Q1 report, the company said it will cut its Permian rig…
Operator Touts Exceptional Results From Electric Frac Fleet; $1million Savings
Range Resources mentioned in its 2Q 2019 call back in August, that the company was working with a Frac Vendor on deploying a electric fleet. Today the company…
Hammerhead Resources Provides Operational Update
Current production is over 28,000 boe/day, with a 42% weighting towards light oil and liquids. Annual production is expected to average over 27,000 boe/day in 2018, representing a…
North America News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
Harbour Energy Strikes $3.2B Deal to Buy LLOG, New Core Business
December 2025 — Harbour Energy plc has agreed to acquire 100% of LLOG Exploration Company LLC for $3.2 billion, marking a strategic entry into the deepwater U.S. Gulf…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…
Harbour Energy Enters U.S. Deepwater With $3.2B LLOG Acquisition
Harbour Energy has agreed to acquire LLOG Exploration Company LLC for $3.2 billion, marking Harbour’s strategic entry into the deepwater U.S. Gulf of America and establishing what it…
Offshore News
Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…
Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…
Advantage Plans $300–$330MM 2026 Capital Program
Advantage’s 2026 development plan centers on Glacier-focused drilling and key midstream work. The company plans total capital spending of $300 million to $330 million and expects production to…
Paramount Targets 42% Higher 2026 Capex, More Duvernay Wells
Paramount Resources is stepping up investment in 2026 as it advances the Willesden Green Duvernay (Central Alberta Region) buildout and launches major infrastructure at Sinclair (Montney). The company…
Birchcliff Targets Higher 2026 Output on Larger Capital Budget
Birchcliff’s updated 2025 plan targets higher production within a tightened capital range, supported by faster cycle times and lower costs. The company increased 2025 annual average production guidance…