Noble Drilling Norway AS has been awarded a contract by Equinor for drilling three wells on the Valemon subject from the summer season of 2021, making use of the Noble Lloyd Noble drilling rig.
The contract consists of an choice for drilling one further effectively on the Valemon subject, and 11 wells that aren’t included in the identical licence. The rig contractor additionally acquired a grasp body settlement with Equinor.
The complete worth of the day charges for the fastened a part of the contract is estimated at round USD 51 million. Additional value consists of built-in providers reminiscent of managed stress drilling, remedy of cuttings and wastewater in addition to operating casing and tubing, additional, rig modifications, mobilization and demobilization.
“We are more than happy with the job this rig has executed for us on the Mariner subject off the coast of Scotland, particularly the protection tradition,” says Erik G. Kirkemo, senior vp of drilling & effectively operations. “With robust on-board management they’ve embedded greatest observe for security and haven’t had any incidents to date in 2020. Through good planning and collaboration, they’ve achieved robust operational outcomes near what we outline as an ideal effectively. We sit up for persevering with the collaboration on the Norwegian continental shelf as effectively.”
Being the world’s tallest jack-up rig, Noble Lloyd Noble can stand on the seabed in as much as 150 metres of water below powerful climate situations. The Valemon drilling marketing campaign is estimated to take round 230 days.
“Equinor is exploring new methods of working with suppliers to extend effectivity and create worth collectively. Long-term collaboration with suppliers who ship on our expectations is a crucial component in that respect. This approach we reward protected and environment friendly deliveries and maintain constructing on expertise and enchancment outcomes achieved in previous tasks,” says Peggy Krantz-Underland, Equinor’s chief procurement officer.
The contract is topic to the rig receiving an Acknowledgement of Compliance from the Petroleum Safety Authority Norway.
The companions of the Valemon licence are Equinor (66.78%, operator), Petoro (30%) and Shell (three.22%).
(Source: Equinor – Image: Noble Lloyd Noble jackup/Jaimie Baikie/Equinor)

The submit NOBLE DRILLING NORWAY AWARDED CONTRACT DO DRILL three WELLS AT VALEMON FIELD appeared first on Energy Global News.

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