Day Rate

Home>Topics>Day Rate
Refine Results
  1. All
  2. Articles
  3. Online Articles
  1. Repairs to Wisconsin's 5.4-MW Wausau hydropower plant on hold pending FERC approval

    Pending approvals from the Federal Energy Regulatory Commission mean planned repairs at Wisconsin's 5.4-MW Wausau hydropower plant could be delayed to next summer. A drawdown of Lake Wausau was scheduled to begin September 12 at a rate of four inches per day until a total of five feet would have been removed by October 1. Repairs to Wausau Dam's concrete infrastructure would have then been completed by November 15, at which point the lake would be refilled at the same four-inches per day rate. Paper manufacturer Domtar, which owns the project, did not receive approval for the drawdown from FERC before the planned start date. And though FERC is scheduled to discuss the drawdown during a meeting later this month, a number of parties near the lake are pushing the agency to suspend the work until Summer 2017 so as not to interfere with the fall duck hunting season. Domtar said the repair work is the result of years' worth of weather damage, and that lowering Lake Wausau's level is the easiest option for protecting worker safety while the repairs are being performed. For more rehabilitation news, visit here .  

    Online Articles

    Online Articles

    Wed, 14 Sep 2016

  2. Barclays: Global E&P spending to trend up 5% in 2017

    Oil and gas companies are poised to increase spending on exploration and production globally by 5% in 2017, while offshore spending may continue to fall next year, based on Barclays’ midyear global spending survey of more than 200 companies.

    Online Articles

    Online Articles

    Wed, 7 Sep 2016

  3. Seadrill sees more hopeful signs of drilling pick-up

    Seadrill has issued an update on its latest rig contracts and market prospects for the offshore drilling industry.

    Online Articles

    Online Articles

    Thu, 25 Aug 2016

  4. Seadrill may contest PEMEX’s rig contract decision

    PEMEX has issued a notice of termination of Seadrill’s contract for the drilling rig West Pegasus .

    Online Articles

    Online Articles

    Mon, 22 Aug 2016

  1. Noble drillship goes offline for thruster repair

    Online Articles

    Online Articles

    Wed, 17 Aug 2016

  2. Seadrill contests Pemex rig contract termination

    Seadrill Ltd. says it’s disputing the grounds for termination of the West Pegasus semisubmersible drilling rig contract by Pemex Exploracion y Servicios, and “is reviewing its legal options.” Pemex submitted a notice of termination to Seadrill effective Aug. 16.

    Online Articles

    Online Articles

    Mon, 22 Aug 2016

  3. Transocean secures drilling contract offshore India

    Transocean has issued an update on it offshore drilling rigs.

    Online Articles

    Online Articles

    Fri, 22 Jul 2016

  4. Stone Energy cancels contract for Ensco 8503 rig

    Stone Energy Corp., Lafayette, La., has agreed with Ensco PLC to cancel the contract for the Ensco 8503 dynamically positioned deepwater drilling rig that was operating in the deepwater Gulf of Mexico.

    Online Articles

    Online Articles

    Thu, 30 Jun 2016

  5. Prosafe refinances, signs contract extension with Petrobras

    Prosafe SE has announced the terms of a proposed comprehensive refinancing that, if completed, the company says will provide it with greater financial flexibility until the end of 2020.

    Online Articles

    Online Articles

    Fri, 8 Jul 2016

  6. Oil & Gas News: Subsea 7 announced vessel substitution, offshore Brazil

    Subsea 7 S.A. announced today an agreement to substitute a Pipelay Support Vessel (PLSV) working on a day - rate contract for Petrobras, offshore Brazil.

    Online Articles

    Online Articles

    Thu, 23 Jun 2016

  7. Light well intervention system offers cost, time savings

    Magma Global has introduced a flexible pipe deployment and retrieval system.

    Online Articles

    Online Articles

    Wed, 18 May 2016

  8. Offshore rig market to remain challenged until at least 2018, says analyst

    Evercore ISI has released an update on the recent rig market.

    Online Articles

    Online Articles

    Tue, 17 May 2016

Get More Results