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Wellesley Signs Contact with Transocean for Drilling Campaign

Source: www.gulfoilandgas.com 1/26/2018, Location: Europe

Wellesley Petroleum AS announces an agreement with Transocean for a three-firm slot contract with the Transocean Arctic semi-sub rig. The commencement date for the contract is 1st June 2018.

The rig will be employed on an exploration drilling campaign in the M?l?y Slope area of the Northern North Sea (blocks 35/11 & 12). The Transocean Arctic will be employed to drill two exploration wells in the Wellesley-operated PL925 licence. Plans are also being made to drill a further exploration well to test an extension of the currently stranded Grosbeak Discovery.

Chris Elliott, CEO of the Wellesley Group of companies commented: “We are pleased to have secured a warm drilling rig to execute our campaign, which will be conducted in an area we believe to be highly prospective. Well planning is progressing and we are working with our JV partners and the relevant authorities to deliver a robust campaign plan. As operator of the drilling programme the Company is fully focused on delivering the work programmes in a safe, transparent and efficient manner”.

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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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