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image descriptionRECENT OFFSHORE RIG ACTIVITY NOTES SAMPLE

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Statoil has exercised a further one-well option on its contract for MDW semi Bideford Dolphin (1,500') for more work offshore Norway. The new sidetrack well, 34/7-B-1 BH, will be in direct continuation with the upcoming P&A 34/7-B-1 AH well, which was agreed to in April and is estimated to start in July. The contract value for the extension is around $17.2 million for an estimated 100 days, equating to approximately $172,000 per day.



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Faroe Petroleum has received all consents for the drilling of an appraisal well 31/7-2S on the Brasse discovery, offshore Norway, using Odfjell Drilling MDW semi Deepsea Bergen (1,476'). The earliest spud date for the well is 18 May. Brasse is located in PL740 and was discovered last year with main wellbore 31/7-1, when it encountered oil and gas. It is located within tie-back distance to existing infrastructure, around 13 km to the south of the Brage field platform, in which Faroe holds a 14.3% working interest.



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Faroe Petroleum Norge has been given the green light to drill two appraisal wells at the Brasse discovery, using Odfjell Drilling MDW semi Deepsea Bergen (1,476'). The wells, which are named 31/7-2 and 31/7-3, may also be sidetracked after the initial drills are completed. The drill sites are around 97 kms west of Oygarden in Hordaland county. Water depth in the area is 390'. Drilling will begin on 1 June at the earliest and last 72 days for each well, including possible sidetracks. The rig, which is currently on hire with Statoil, is almost fully committed until late 2018, apart from a small window of availability between December 2017 and mid-February 2018.