Discover Petroleum Secures Rig Capacity for Two Wells

Discover Petroleum AS has together with several other companies secured a contract for the Borgland Dolphin semisub. The total contract is for three years and starts early 2010, with a value of approximately US $600 million.

Discover Petroleum’s part of the contract is 115 days. This is sufficient to drill two explorations wells and the first one is estimated to be drilled in 2011.  

We are pleased that we have entered into this contract in a difficult rig marked, says Ole Magnar Dronen, Director of Petroleum Technology and Operations. It shows that even small companies could compete for rig capacity by cooperation with other companies.  

Securing rig capacity is in line with the company’s strategy as an operator. We are confident that the combination of  the PetroMarker exploration tool and efficient rig capacity will enable Discover to grow as an operator, says Ole Magnar Dronen.

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
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
 
United States Canonsburg: Service Manager
Expertise: Customer Service|WellSite Supervisor
Location: Canonsburg, PA
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours