Esgian studies that new drilling contracts have been introduced within the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.
Report Summary
Contracts
Shelf Drilling (North Sea) has secured a letter of award with an unnamed operator, believed to be WholeEnergies, for the 400-ft jackup Shelf Drilling Fortress for a marketing campaign within the North Sea.
Noble 12,000-ft seventh technology drillship Noble Venturer has secured new contracts in West Africa with Trident Energy and Rhino Resources, which is able to comply with the early completion of the rig’s contract with Tullow Oil offshore Ghana.
Market sources point out that the 375-ft jackup Setty, owned by Egyptian Drilling, has had its contract suspended by Saudi Aramco.
Speaking in the course of the firm’s Q1 2024 outcomes name, executives at Saipem acknowledged that three Saipem-managed jackups have been affected by Saudi Aramco’s latest collection of contract suspensions.
Northern Ocean expects a brief off-contract interval for its harsh-environment (HE) semisubmersible (SS), the 7,500-ft Deepsea Bollsta, following the completion of its present job with Shell in Namibia.
Drilling Activity and Discoveries
The Norwegian Ocean Industry Authority (Havtil) has given Equinor consent to make use of the 1,640-ft semisub Transocean Enabler for manufacturing drilling/completion and drilling of the exploration phase on the Johan Castberg discipline offshore Norway.
Shell has concluded drilling Enigma-1X on PEL0039, the corporate’s sixth exploration properly in its marketing campaign offshore Namibia.
Equinor has accomplished an appraisal properly (7324/7-4) on the Wisting discovery within the Barents Sea off Norway.
Galp has accomplished the primary part of its Mopane exploration marketing campaign on PEL83 in Namibia’s Orange Basin, concluding its Mopane-1X properly testing operations.
Australian offshore power regulator NOPSEMA has opened for feedback Chevron’s proposed exploration drilling plans for 2 wells within the Northern Carnarvon Basin off the northwest coast of Western Australia.
Rhino Resources has awarded Halliburton an built-in multi-well building contract for its upcoming exploration drilling marketing campaign on Block 2914A (PEL 85) within the Orange Basin offshore Namibia.
ExxonMobil is drilling the Trumpetfish-1 exploration properly on the Stabroek Block offshore Guyana with Stena Drilling 10,000-ft drillship Stena Carron.
Demand
Mauritania’s Ministère du Pétrole, de l’Energie et des Mines has signed an exploration and manufacturing contract with the Taqa Arabia / Go Gas consortium for the exploitation of pure gasoline reserves within the offshore Banda & Tevet fields.
Mobilisation/Rig Moves
Petroserv-managed 10,000-ft semisub SSV Catarina left the Batu Ampar anchorage on Friday, 19 April, and is now en path to Vietnam.
Valaris’ 400-ft harsh-environment jackup rig, Valaris 123, has mobilised from Dundee, Scotland to the UK sector of the North Sea for a contract with Ithaca Energy.
Stena Drilling 10,000-ft drillship Stena DrillMAX has begun its mobilisation from Guyana to Canada, the place the rig will proceed to work for ExxonMobil.
Noble’s 350-ft CJ50 jackup, the Noble Resilient, has mobilised from a port in Denmark to the Danish sector of the North Sea for a brand new contract with Wintershall Noordzee.
Advanced Drilling Services (ADES)-owned 375-ft jackup Admarine 691 is being towed to Ras Tanura in Saudi Arabia, the place it is going to keep for just a few weeks.
Constellation 3,600-ft semisubmersible Olinda Star is mobilising from Indian waters to Trincomalee, Sri. Lanka.
Shelf Drilling-owned 270-ft jackup High Island IV has began shifting in direction of its new drilling location within the Persian Gulf to proceed its contract with Saudi Aramco.
After spending greater than a month at anchor in Labuan, Noble Corporation’s 400-ft jackup Noble Tom Prosser has left the anchorage.
Other News
Odfjell Drilling 10,000-ft semisubmersible Deepsea Atlantic will go into the yard in mid-2024 for a deliberate particular periodic survey (SPS).
WholeEnergies has signed an settlement with Sapura Upstream Assets Sdn Bhd (SUA) to amass its 50% curiosity in Malaysian unbiased gasoline producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for $530 million, topic to closing changes. Closing is predicted within the second half of 2024.
