AGR Petroleum Services has reported it will undertake a multi-well, multiclient drilling campaign valued at £3 million on behalf of three international operators, utilizing the semisubmersible drilling rig WilPhoenix.
The largest independent well management firm will drill four wells across the UK Central North Sea and West of Shetland having first pioneered this ground breaking drilling model in the North Sea in 2005.
Well management and drilling services will be carried out for Faroe Petroleum, Hurricane Exploration and Antrim Energy Inc., building on AGR Petroleum Services' longstanding relationship with the rig owner to provide excellent client rates.
Ian Burdis, vice president of well management AGR Petroleum Services, said, "This is a significant drilling campaign and we look forward to working closely with our returning clients and Awilco Drilling Ltd. to deliver a successful outcome.
"The nature of these contract wins reinforces how we have positioned ourselves as a key player in the industry through an innovative approach to creating relationships with both clients and suppliers and use of a highly experienced workforce."
AGR Petroleum Services recently celebrated a landmark industry achievement when it drilled its 400th well in a decade on the Bredford Dolphin in Norway. The accomplishment underlined the company's position as the most experienced independent well management company in the world.
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