Providence Secures Semisub for Drilling Program in Celtic Sea

Providence has secured a semi-submersible rig for its well program in the Celtic Sea during the summer of 2011. This forms part of Providence's previously announced multi-year, multi-basin drilling program, offshore Ireland.

Under the terms of the deal agreed, Providence, as Operator, has hired the semi-submersible rig, the GSF Arctic III. The rig contract provides for a minimum 54 day period with options to extend, should the company wish to drill further wells. The primary objective of the 2011 drilling program will be to further appraise the Barryroe oil accumulation. Based on the current rig schedule, the spud date is expected to be late August 2011. Well site surveys were recently successfully completed using the R.V. Celtic Voyager.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Instrument Inspector
Expertise: Instrumentation Technician|QA / QC / Inspection
Location: Geismar, LA
 
Licensed Electrician
Expertise: Electrician
Location: Springfield, MA
 
Machine Operator - Straightner
Expertise: Machinist|Manufacturing Engineering
Location: Colorado Springs
 
search for more jobs

Brent Crude Oil : $53.92/BBL 2.79%
Light Crude Oil : $51.08/BBL 2.66%
Natural Gas : $3.3/MMBtu 3.22%
Updated in last 24 hours