Offshore drilling updates feature new contracts with Tullow Oil, TotalEnergies, and Equinor. Tullow plans to enhance production in Ghana’s Jubilee field from May 2025, while TotalEnergies reserves Stena DrillMAX for offshore Suriname. Equinor extends its Deepsea Atlantic rig contract, and Halliburton wins a sizable contract with Petrobras in Brazil. ADES enters a contract for six wells offshore Nigeria.
This week in drilling news, Offshore reports on significant contract developments involving Tullow Oil, TotalEnergies, and Equinor, along with advancements in drilling technology by Halliburton and Reelwell, as well as prospective offshore projects. Tullow anticipates a revival in drilling operations in Ghana with planned water injection enhancements at the Jubilee field set for late 2024, aiming to stabilize production rates.
A 4D seismic survey has been initiated across the Jubilee and TEN fields to optimize future well placements and evaluate reservoir dynamics for a successful 2025-26 drilling strategy. The Noble Venturer is scheduled to commence drilling operations at Jubilee in May, working towards online production for both producer and injector wells by the third quarter.
TotalEnergies has secured the Stena DrillMAX drillship for an exploration well in offshore Suriname, with operations expected to commence in the second quarter of 2025. The contract allows the possibility of extending up to three additional wells in Suriname’s territorial waters, indicating a continued investment in regional exploration.
Equinor has finalized an extension contract with Odfjell Drilling for the Deepsea Atlantic rig, extending its operational term until the end of the second quarter of 2027. The contract includes options for additional wells and potential expansions extending operations into 2030, reflecting confidence in future supply demands.
Reelwell has implemented a contract with Vår Energi for its new DualLink powered digital drillpipe technology, aimed at enhancing drilling operations in offshore Norway. The initial agreement encompasses a year-long deployment on the COSLPioneer rig, with potential for expansion to all Vår Energi’s North Sea sites, showcasing Reelwell’s innovative technology capabilities.
Halliburton has secured a substantial drilling service contract with Petrobras for integrated services across several offshore fields in Brazil over a three-year period. The contract, commencing in 2025, will employ advanced technologies, including Halliburton’s intelligent rotary steerable system and automation platforms to enhance drilling efficiency.
ADES has successfully entered into a jackup drilling contract in Nigeria valued at approximately $21.8 million to operate the Admarine 504 rig for Valiant Offshore Contractors. The contract will support the drilling and completion of six wells for Brittania-U and is expected to commence in the second quarter, fostering collaborative efforts in local oil extraction initiatives.
This week’s drilling report highlights significant contractual agreements involving industry leaders such as Tullow Oil, TotalEnergies, and Equinor. The proactive measures in drilling technology and the commitment to offshore developments signify a promising outlook for both production enhancements and exploration efforts in key regions, particularly in Ghana, Suriname, and Nigeria.
Original Source: www.offshore-mag.com
