Esgian studies on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has chosen a drillship for its upcoming drilling marketing campaign offshore Morocco. South America stays important to the floating rig market, with ExxonMobil transferring forward on a sixth growth on the prolific Stabroek block offshore Guyana and Petrobras reporting a brand new discovery in Brazil’s Potiguar Basin.
Report Outline:
Contracts
Borr Drilling has introduced new contract commitments for 3 of its premium jackup rigs, the 400-ft Prospector 1 and Gunnlod, and a rig to be decided. The commitments complete 820 days and $158.6 million in contract income, together with mobilisation and demobilisation compensation.
Energean has awarded a one-well contract to Stena Drilling for the drillship Stena Forth. Energean will use the rig to drill the Anchois-East appraisal and growth effectively, positioned inside the Lixus licence, off Morocco.
Shelf Drilling subsidiary Shelf Drilling North Sea has secured extra work with Equinor for the jackup Shelf Drilling Barsk, till lately often called Noble Lloyd Noble.
Drilling Activity and Discoveries
Petrobras has found an accumulation of oil on the Anhangá exploratory effectively within the POT-M-762_R15 Concession within the Potiguar Basin. The effectively was drilled with Foresea 10,000-ft drillship ODN II in 7,204 ft of water in Brazil’s Equatorial Margin space. Well 1-BRSA-1390-RNS (Anhangá) is Petrobras’ second discovery within the Potiguar Basin this 12 months after it decided the presence of hydrocarbons on the Pitu Oeste effectively on BM-POT-17 in January 2024. Petrobras stated that each discoveries require extra analysis.
Shell Egypt has began drilling the Khufu-1 prospect, the final exploration effectively in its drilling marketing campaign in Egypt. The supermajor is utilizing Stena Drilling’s 10,000-ft drillship Stena Forth for the marketing campaign.
Demand
Norwegian operator OKEA, in collaboration with its companions, has made a last funding choice (FID) for the event of the Brasse subject, to be renamed Bestla, based mostly on a tie-back to the close by manufacturing amenities of the Brage subject offshore Norway.
ExxonMobil has made a last funding choice for the Whiptail growth offshore Guyana, following required authorities and regulatory approvals. Whiptail is the sixth challenge on the Stabroek block and is anticipated so as to add round 250,000 b/d of capability by the tip of 2027.
Mobilisation/Rig Moves
Dorado, a lately delivered seventh Generation 12,000-ft ultra-deepwater drillship, has departed South Korea. The rig left Samsung Heavy Industries yard on Saturday, and is now en path to Labuan, Malaysia.
COSL Drilling’s 2,460-ft semisub COSLInnovator has mobilised from a yard in Norway to the UK sector of the North Sea for a contract with Petrofac.
Other News
Australian oil and fuel firm Woodside has determined to retain its stakes within the Macedon and Pyrenees property offshore Western Australia.
U.S. oil main Chevron has withdrawn from the Yadana challenge offshore Myanmar.
