BHI: US oil rig count up 100 since May 27

The Baker Hughes Inc. count of active US oil-directed drilling rigs this week added the 99th and 100th units to come online since the drilling rebound began following the week ended May 27. Source: News


Senate approves 2016 Water Resources Development Act

The US Senate passed the 2016 Water Resources Development Act (WRDA) by 95 to 3 votes. Senate Environment and Public Works Committee Chairman James M. Inhofe (R-Okla.) introduced the measure on Apr. 25. The American Petroleum Institute applauded the Senate’s Sept. 15 bipartisan action. Source: News


Cobalt gets early termination for Rowan Reliance drillship

Cobalt International Energy Inc., Houston, has entered into an amendment to its drilling contract with Rowan (UK) Reliance Ltd., an affiliate of Rowan Cos. PLC, providing for the early termination of Cobalt’s long-term drilling contract for the Rowan Reliance drillship. Source: News