Core Project phase 1 in North Sea : Petrofac wins five-well contract
Jersey-based oilfield services provider Petrofac said that its Engineering & Production Services business (EPS) has been awarded a well management contract for phase 1 of Independent Oil and Gas’s (IOG) Core Project in the UK North Sea.
Phase I of the Core Project involves the development of the Southwark, Blythe, and Elgood fields in the UK Southern North Sea (SNS) which will be supported by Petrofac through the five-well contract.
Independent Oil and Gas is the operator of the Southwark, Blythe, and Elgood fields with a 50% stake and is partnered by CalEnergy Resources. Final investment decision for the offshore project was taken last October 2019.
Andrew Hockey – CEO of Independent Oil and Gas said: “We are very pleased to have selected Petrofac as the well management contractor for Phase 1 of our core UK SNS gas development. Petrofac has demonstrated that they have the right credentials and expertise to execute what will be a critical role in helping IOG to deliver a safe, productive and cost-effective five-well Phase 1 drilling campaign kicking off in the first half of next year.
“The IOG drilling and subsurface teams have already established a strong working relationship with the Petrofac team in recent months and this will deepen further as Phase 1 drilling preparations ramp up.”
Petrofac wins five-well contract for Core Project phase 1 in North Sea. Photo courtesy of Petrofac Limited.
Petrofac will serve as the well operator with the five-well contract covering the planning, execution and close-out phases of the phase 1 drilling campaign.
According to the oilfield services provider, the planning phase calls for detailed well design, assessment of risks and management of well-related regulatory requirements. In the execution phase, Petrofac will handle well engineering, procurement and logistics, assurance of well construction and integrity apart from getting onshore and offshore personnel on board to support the drilling program for the Core Project phase 1.
Nick Shorten – Managing Director for Petrofac Engineering and Production Services West said: “We are thrilled to be supporting IOG’s prestigious SNS gas development project. Through the deployment of our extensive asset and well management expertise, we will work closely with IOG to assure the integrity of the wells and deliver a safe and cost-efficient drilling programme to support the advancement of their development.”
Last month, Independent Oil and Gas awarded the engineering, procurement, construction, and installation contract (EPCI contract) for the Core Project phase 1 to Subsea 7.