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Vol. 9, No. 17 Week of April 25, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Ensco accelerates plans to move drilling rigs out of Gulf of Mexico

Company says activity levels in Middle East and Pacific Rim improving, while North Sea, West Africa and Gulf remain sluggish

Ray Tyson

Petroleum News Houston Correspondent

Contract driller Ensco International says that because of continuing market weakness it intends to act swiftly on plans to move some rigs out of the U.S. Gulf of Mexico. “Given anticipated first half softness in some areas, we have elected to accelerate various undertakings,” Carl Thorne, the compa....

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Average day rate up from year-ago quarter

Diamond Offshore has first-quarter loss


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