Halliburton Secures Maria Project Service Contract from Wintershall
Wintershall Norge AS has awarded a four-year service contract to Halliburton Norge AS to support its Maria Projects in the Norwegian Sea.
Effective immediately, the contract will see Halliburton provide drilling services and associated tools, drilling and completion fluids, cementing, and coring. There is also an option for plugging and abandoning services. The agreement, which contains incentives for efficient well deliveries, can also be used for other Wintershall activities.
Wintershall and Halliburton will immediately begin collaborating on detailed engineering work prior to the start of drilling for the Maria development in the first half of 2017. Early next year, Halliburton will provide services supporting the drilling of six development wells on Maria’s subsea templates located at a depth of around 1000 feet on the Halten Terrace in the Norwegian Sea.
“At an uncertain time for the industry, this contract provides a timely boost for the supplier market while laying the groundwork for efficient construction of our operated development and exploration wells over the rest of the decade,” said Wintershall Norge Managing Director Bernd Schrimpf in a company statement.
“With this contract, we are further pressing ahead with our first operated development in Norway. By using clear performance incentives, we are creating value for Wintershall, our partners and the Norwegian exploration and production supply chain.” added Hugo Dijkgraaf, the Wintershall director for the Maria project, in a company release.
The four-year contract contains options to extend for up to four additional years.
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