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AGR Wins Well Management Contract

Source: www.gulfoilandgas.com 5/22/2012, Location: Africa

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AGR has been awarded a well management contract from international upstream exploration and production company, Cooper Energy Tunisa Bargou (CTEB). This will see AGR perform the planning, execution and post-drilling activities for a one well programme in the Gulf of Hammamet, offshore of Tunisia.

Sverre Skogen, AGR’s CEO, commented: “This is a significant win for AGR. Planning work has now commenced out of our Dubai office and once this is complete an operations team will move to the on-site project base prior to the well spudding later this year.

“We look forward to supporting CETB in achieving their desired results in a location where we have been successful in the past. This activity complements another contract win offshore of Tunisia which will see us perform a drilling feasibility study for five wells on behalf of an energy investment company, placing us as a strong, reputable player in this region.”

AGR is currently seeking a suitable jack-up rig to operate the well whilst investigating the possibility of incorporating it into a larger drilling campaign in the Mediterranean Sea.

AGR is the world’s largest independent well management group. By enabling clients to achieve increased HSE&Q and operational performance savings, it has established itself as the preferred solutions provider for the upstream petroleum industry across the globe. Their well management team includes many offshore pioneers, and their knowledge and experience led to AGR being one of the first companies to create and manage multi-well multi-client campaigns.

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