Sentences with phrase «drilling contracts»

PetroNeft Resources Plc's wholly owned Russian subsidary LLC «Stimul - T» today signed a turnkey drilling contract with LLC «Nizhnevartovskservis» to drill three wells next winter on its 100 % owned License 61 (Tungol) in the Tomsk Region.

The World Heritage Centre and IUCN have also received media reports dated 16 April 2013, indicating that the Supreme Court of Belize had declared offshore drilling contracts null and void.

As the assumed heir to the throne of an unnamed Middle Eastern country, Nasir has recently approved a new drilling contract with a Chinese oil company in favor of the U.S. - owned Connex, thus threatening the pending merger between Connex and Killen, another Texas - based oil company run by executive good - «ol - boy Jimmy Pope (Chris Cooper).

Senex Energy says it will vigorously dispute a $ 6.7 million compensation claim served by Ausdrill for a drilling contract terminated last year.

Costs for everything from skilled workers and drilling contracts to steel, raw materials, seismic surveys, engineering and a host of other oilfield services are pro-cyclical.

Ausdrill has served Senex with a proceeding, demanding $ 6.7 million as compensation for terminating a drilling contract in March last year.

Experienced in the purchase and sale of both oil and gas properties and midstream assets, the arriving group's knowledge also covers a full range of oil and gas exploration and development agreements such as leases, joint operating agreements, production sharing agreements and drilling contracts.

Over the course of his career, Darin has worked on lease priority disputes, surface use agreements, farmout agreements, joint operating agreements, unit operations, royalty disputes, drilling contracts, joint interest accounting, NEPA compliance, and various other aspects of oil and gas operations in the Rockies, in addition to general commercial litigation.

The judge held that the delivery of a rig with a defective BOP was a breach of the drilling contract, but Transocean maintained that it could still claim day rates during the period of delay and that it was not liable for any spread costs by virtue of an exclusion clause in the contract.

Representation of a U.S. independent oil and gas company in connection with its exploration, development and production agreements, including oil and gas leases, farmin and farmout agreements, joint operation agreements, and drilling contracts.

The Court of Appeal (CA) has disagreed with the High Court's controversial first instance decision and found that a claim for spread costs was in fact successfully excluded by a consequential loss exclusion clause incorporated into a drilling contract.