Petrobras contracts Valaris drillship
The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.
Browse the latest upstream drilling news news and articles.
The contract, relating to the VALARIS DS-4 drillship, is for a minimum term of 548 days.
SDX Energy has started a development drilling campaign in the West Gharib concession in Egypt that aims to grow production from c. 2400 bpd to c. 3500 - 4000 bpd by early 2023.
The drilling programme for well 24/12-7 relates to the drilling of a wildcat well in production licence 1041.
The Nabors Industries rig reached total depth on a horizontal well for ExxonMobil in the Permian Basin.
The Ondjaba-1 well will be drilled at a new world record water depth of 3628 m.
Valaris upgraded the vessel’s electrical system to secure the notation, which recognises sophisticated system design to improve reliability and enhance protection.
The updated resource estimate of approximately 10 billion boe includes another significant discovery on the Stabroek block at the Cataback well.
Four wells on Statfjord Øst will be drilled with the COSLPromoter rig from the spring of 2023.
The new contracts are worth a total of US$70 million.
A Petronas project and resulting SPE paper shows how combining human factors training with technical training can significantly improve the performance of drilling crews and reduce human error.
The total contract value for the firm portion of the drilling contract is expected to be US$94 million and commencement is expected in February 2022.
Carnarvon Petroleum’s mid case recoverable volume estimate is 31 million barrels (gross, 2C contingent resource).