Stena Drilling awarded drillship contract offshore Guyana

Stena Drilling awarded drillship contract offshore Guyana

Offshore driller Stena Drilling has been awarded a contract by partners involved in the Orinduik Block, offshore Guyana, for the hire of its 2009-built drillship Stena Forth.

The drillship is currently drilling off West Africa and it will be mobilised for the new contract at the end of May. The contract also include an option for a second well.

The Orinduik partners, which include  Eco Oil & Gas, Total and Tullow, are currently reviewing plans for a second well and anticipate formalising those plans in the coming weeks.

“Eco is pleased to have secured the Stena Forth Drillship for this initial drill programme on Orinduik. This state-of-the-art Class 3 Rig has overall capacity ratings at close to double our operating requirements. The rig is operating, which is a great advantage to the partners. The partners selected the 250 million barrel Jethro-Lobe Tertiary prospect in December, which is only a few kilometers away and up dip from multiple Exxon discoveries in the region and in the same proven resource intervals. While the Jethro-Lobe is a tertiary target, which we believe is similar to the Exxon Hammerhead discovery that appears to extend onto Orinduik, we will also drill down to test the Cretaceous section below Jethro,” said Colin Kinley, chief operating officer for Eco Atlantic.

 

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

Related Posts