Statoil ups rig capacity

Statoil has entered into a contract with its partners for the use of three more rigs. The Bideford Dolphin, Stena Don and Scarabeo 5 rigs are all on the Norwegian continental shelf.

The rigs will be used for several fast-track developments for production drilling and completion on the Norwegian shelf.

“Securing three rigs in the current market represents a real achievement for the Norwegian shelf. The rig capacity we have secured in these contracts will contribute to achieving our production targets towards 2020, through production drilling on several of our legacy assets and starting production from fast-track developments,” said the executive vice president of Development and Production Norway in Statoil, Øystein Michelsen. 

The Bideford Dolphin rig, owned by Dolphin Drilling AS, will be used for production drilling on the Tordis and Vigdis fields, as well as the Statfjord field in the North Sea.The contract will run from the beginning of 2014 until 2017, with a potential option for two more years.

The Stena Don rig, owned by Stena Drilling, will be used for production drilling on the Troll field, as well as the fast-track development Fram H-Nord, in the North Sea. The contract will run from the 2013 until late 2016, with a potential one-year option.

The Scarabeo 5 rig, owned by Saipem, will be used for drilling and completion of production wells on various NCS fields. The contract will run from 2014 until 2017, with a potential one-year option.

“Increasing recovery from existing fields is important for Statoil. Drilling and well maintenance provide the greatest contribution to improved recovery, and it is therefore very positive that we have secured this rig capacity,” says Øystein Arvid Håland, head of drilling and well in Statoil.

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