Pemex drilling rigs

Pemex''s number of drilling rigs

The data presents Pemex''s average number of drilling rigs from 2004 to 2017. Pemex is the state-owned Mexican petroleum company, and has exclusive rights over oil production there. In

Borr Drilling Limited

Borr Drilling Key Attributes The world''s largest fleet of new Jack-Ups – 28 rigs with average age of 3 years Solid management team – expertise in integrated services Focus on shareholder

Payment problems piling up for Pemex contractors in Mexico

Two such companies — Borr Drilling and Paratus Energy Services — are currently providing a total of 10 jack-up drilling rigs to Mexico''s Pemex, but unpaid bills are swelling.

Pemex to bring suspended drilling rigs back online by

Mexico''s Pemex plans to bring suspended rigs back into operation by the end of 2025 to normalize its crude oil and natural gas production,

Keppel FELS hands over jack-up newbuild to Pemex

Kukulkan is the second jack-up rig Keppel has built directly for PEMEX. It will join sister rig, Yunuen, which was delivered earlier this year, and another nine jack-up rigs that

Exclusive: Pemex proposal would sharply cut drilling rigs from

Mexican national oil company Pemex has proposed slashing the number of privately owned drilling rigs used this year and next in an internal planning document seen by

Pemex targets light oil in two-well campaign offshore

The company also plans to commence later this month drilling of the Cuxi-1EXP exploration well with the Perforadora Central-owned jack-up rig

Shallow-water drillers report new contracts, one suspension, one

Shallow-water drillers Borr and Shelf have reported contractual updates including a rig suspension in Mexico and a disposal decision for one jack-up drilling unit. New York-listed

New Opportunities for Mexican Drilling Company

The last two are platform rigs, called Tamaulipas and Veracruz. All of them are working with PEMEX. We have only two contracts expiring early into 2020, specifically in

Pemex Drilling Rig Requirements

These requirements clearly specify the different technical, safety, and quality standards and regulations that every jack-up rig and semisubmersible platform operating in

Borr Drilling Limited Q1-25 Fleet Status Report

- Rigs provided by Borr Drilling through a bareboat charter arrangement and services provided by our Mexican Joint Venture or by Borr Drilling, with ultimate customer being PEMEX

Global Offshore Rig Market to Rebound, Mexican Activity Lags

The global offshore drilling market is set for recovery, driven by increasing rig tenders, higher energy demand, and exploration in offshore regions such as Africa, Asia, Brazil

Pemex Drilling Rig Requirements

Pemex has very strict requirements regarding design, age, and capacity of all Pemex and privately owned drilling rigs operating in Mexico. These requirements clearly

Borr Drilling Limited Fleet Status Report Aug-24

- Rigs provided by Borr Drilling through a bareboat charter arrangement and services provided by our Mexican Joint Venture or by Borr Drilling, with ultimate customer being PEMEX

Global Land Drilling Rigs Tracker

Each month Westwood''s onshore team provides a global update on land drilling rig supply, with data sourced from and analysed using Westwood''s Global Land Rig tool.

Weekly Global Offshore Rig Counts

6 days ago· Weekly offshore rig count totals for jackup and floating drilling rigs across the key global regions, with data provided by RigLogix.

Borr Drilling and Pemex making changes to rig JVs

Borr Drilling has five rigs working for joint ventures which are jointly owned with its Mexican partner, providing integrated well services for Pemex. The services started in May

CP Latina rig set for Mexico | Upstream Online

CP Latina and Pemex will formalise two drilling contracts for La Covadonga and its sister rig, La Santa Maria, in December. The two contracts have already been approved by

Pemex to bring suspended drilling rigs back online by H2 2025

Mexico''s Pemex plans to bring suspended rigs back into operation by the end of 2025 to normalize its crude oil and natural gas production, management said Feb. 27. Mexico''s state

Borr Drilling Limited Fleet Status Report Q3-24

Fleet Status Report - 06 November 2024 - HD/HE Capability - Rigs provided by Borr Drilling through a bareboat charter arrangement and services provided by our Mexican Joint Venture

Mexico''s rig count slumps, Pemex suspends contract with Borr

Amid a growing crisis at national oil company Pemex, just 27 rigs were operating in Mexico in June, down from 49 in the same month last year.

CIMC Raffles two Jack-Up Drilling Rigs secure the

The two rigs will soon sail to the gulf of Mexico to provide oil and gas drilling services to PEMEX. Before that, CIMC Raffles and CMIC Ocean signed

COLUMN | Dreams can come true – and so can predictions:

Borr Drilling also has five rigs on term charter in Mexico with Pemex under integrated services contracts, and a quick look at its third quarter receivables showed that

Three Borr rigs hit the brakes on drilling ops in North

Borr Drilling has confirmed a temporary suspension of operations for a jack-up rig trio working off the coast of Mexico, North America.

Offshore drillers see light at end of Mexico tunnel

Offshore drillers see light at end of Mexico tunnel Borr and Paratus Energy have multiple shallow-water rigs contracted to Pemex Víctor

Mexican Semi-Submersible Rigs for Deep and Ultra-Deepwater

BICENTENARIO Pemex contracted the Bicentenario rig in July 2011 for a five-year time period. It is a sixth-generation semi-submersible platform for deepwater and ultra-

Pemex platform rig deal is double joy for Drillmec

Pemex is planning to move the rigs as much as once every two years to support its lucrative shallow-water drilling programme. They will first be deployed off Tamaulipas and

Pemex temporarily suspends contracts for three more drilling rigs

Bermuda-based drilling contractor Borr Drilling has received a notice of temporary suspension of operation from Mexican state-owned oil company Pemex for three of its jack-up

Borr Drilling secures new contracts for three jack-up rigs and

In Mexico, Borr Drilling received a re-mobilisation request for the Galar, Grid and Gersemi rigs, with mobilisation expected in mid-April 2025. These rigs will resume operations

Pemex drilling rigs [PDF]

6 FAQs about [Pemex drilling rigs]

Will Pemex bring suspended rigs back into operation in 2025?

Getting your Trinity Audio player ready... Mexico's Pemex plans to bring suspended rigs back into operation by the end of 2025 to normalize its crude oil and natural gas production, management said Feb. 27. Mexico's state oil and gas company has been struggling to maintain steady production as it battles an aging portfolio and financial pressures.

How many drilling rigs did PEMEX have in 2022?

Tutorials and first steps In 2022, Pemex had 82 drilling rigs, up from 80 drilling rigs in the previous year.

When will Pemex rigs reopen?

These five rigs have been under a contract with Pemex since May 2019. The trig owner claims the temporary suspension will remain up to March 31, 2025. “Based on discussions with our customer, it is expected that some or all of these three rigs may be resuming operation prior to this date,” highlighted Borr Drilling.

Does Pemex still lease rigs?

According to Borr calculations, Pemex has suspended contracts for 12 of the rigs it used to lease, including three of its own, which represents 45% of its fleet, Bruno Moran, Borr's chief commercial officer, said during the company's fourth-quarter earnings call with analysts.

How many Pemex rigs were suspended?

Pemex did not disclose how many rigs were suspended, but according to industry estimates the number could be as high as 12. This led to a sharp decline in Pemex crude and gas output at the end of 2024.

Will Pemex drilling activity resume as payments are normalized?

Borr expects Pemex drilling activity to resume as payments are normalized. During the company's earning call, Pemex management mentioned that it is actively working on normalizing contractor payments, which currently stand at around $25 billion, noting that the company has resorted to bank loans to cover for the payments.

Pemex drilling rigs

6 FAQs about [Pemex drilling rigs]

Related Contents