Gulf Oil and Gas accountACCOUNT

Afren Signs Rig Contract with Transocean

Source: www.gulfoilandgas.com 3/17/2010, Location: Africa

Share |
Afren plc and its partners Oriental Energy Resources and Amni International Petroleum Development Company, announce the signing of an additional drilling contract with Transocean for the GSF High Island Vll jack-up rig, to carry out planned drilling on their assets located offshore South East Nigeria.

A rig contract has been signed with Transocean, commencing in March 2010, to carry out planned drilling at the Ebok / Okwok / OML 115 complex and Okoro field offshore south east Nigeria. The contract will run for a period of up to 210 days, and has been secured at an operating rate of US$84,000 per day. The GSF High Island Vll rig is expected to mobilise from its current location in Cameroon on 24 March 2010.

With the Transocean Adriatic lX rig already under contract and drilling ahead at Ebok under the Phase 1 development plan, the introduction of a second rig provides the necessary resources and flexibility to complete Afren and its partners planned 2010 work programme that incorporates:

- The drilling of one exploration well to test the Ebok Deep intervals
- One appraisal well to define the size and extent of the Okwok field and its development requirements
- One exploration well to test the prospectivity that has been identified on the surrounding OML 115 acreage
- Six wells under development Phase 2 at the Ebok West Fault Block
- Two infill production wells at the producing Okoro field

Osman Shahenshah, Chief Executive of Afren, commented:
“The second rig, secured at competitive rates, gives Afren and our indigenous partners the flexibility and resources to complete the ambitious 18 well drilling programme in 2010. We are also pleased to extend our relationship with Transocean, who provided the drilling units for the successful Okoro development and Ebok appraisal wells, and with whom we also have the Adriatic lX currently under contract and drilling ahead with the Ebok Phase 1 development. The signing of this contract is an important milestone for our 2010 drilling campaign, the most active period of drilling in the Company’s history.”

Rigs >>

Rigs News in Nigeria >>

United Arab Emirates >>  6/13/2018 - ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle E...
Nigeria >>  6/7/2018 - Sirius Petroleum, the Nigeria focused oil and gas development and production company, announces that following an update from COSL, the Company's inte...

United States >>  6/7/2018 - Rowan Companies plc announced that the Rowan Relentless, one of its R-Class drillships, has been awarded a contract by ExxonMobil to drill a prospect ...
Namibia >>  6/4/2018 - Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has secured the Ocean Rig Poseidon, a sixth generation deepwa...

Nigeria >>  5/26/2018 - A fire broke out on an onshore oil rig in Nigeria’s Niger Delta on Saturday, three witnesses told Reuters, adding that the fire was still burning as o...
Norway >>  5/25/2018 - Reference is made to previous announcement of a Letter of Intent on 16 April 2018. Odfjell Drilling has signed the drilling contract for Deepsea Atlan...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Nigeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |

Oil & Gas Projects in Nigeria >>

More News

 

Oil & Gas Companies in Nigeria >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.