Eirik
Raude for the Barents Sea
Posted: 12 May 2004
A charter worth around NOK 340 million covering use of the Eirik
Raude drilling rig in the Barents Sea has been awarded by Statoil
to owner Ocean Rig.
Due to run for an estimated 155 days, this contract has been placed
on behalf of the licensees in three exploration areas.
Statoil plans to operate one well each in areas G and F, while
Hydro intends to drill one in area C.
"We've opted for Eirik Raude because it's among the most suitable
vessels for the job," explains Tor Gunnar Gloppen in the rig
management unit of Exploration & Production Norway.
"It's big, new and built to work in environmentally-sensitive
arctic waters. Over the past couple of years, it's operated off
Canada in areas with weather just as tough as in the Barents Sea."
Statoil and Hydro signed a letter of intent with Ocean Rig in April
on drilling the three wells, but the rig to be used has only now
been clarified.
Plans call for the first well to be spudded in late autumn. Eirik
Raude will also do a minor job for Hydro on the Troll field in the
North Sea before moving to the Barents Sea. The Troll work is included
in the charter's overall value.
For more information see www.statoil.com
Posted by Richard Price,
Editor Pipeline Magazine
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