WilHunter (Awilco Drilling Plc) (Semisub)

Hess and Awilco drilling amend 'WilHunter' option period

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27 October 2014

Awilco Drilling PLC and Hess UK Ltd have agreed to postpone the date by which the duration of the option of up to 275 days on WilHunter is to be declared, the option declaration date is not later than 25th February 2015. The unit has been drilling for Hess since April 2013 and if the contract option is declared, then it would stay with the operator into Q4 2016.

Source: http://www.awilcodrilling.com/4142-Financial-News-Message?msg=http://cws.huginonline.com/A/147077/PR/201410/1865913.xml


More News for Operator: Awilco Drilling Plc

23 Jun 2013

Awilco secures new North Sea drilling contract

UK based rig operator Awilco Drilling has announced that the company has been awarded a new three year contract for its ‘WilPhoenix’ semi-submersible drilling unit for operations in the UK North Sea. The contract has been awarded to the operator by Apache North Sea and Taqa Brantani for the use of the ‘WilPhoenix’, with the total value of the contract expected to be around US$424 million. The contract is expected to commence in the second half of 2014. The award of the contract now means that Awilco has secured long term drilling contracts for both of its semi-submersible assets with the company’s other unit the ‘WilHunter’ currently contracted through to the end of November 2015.

21 Oct 2013

Premier Oil extend existing contract for Awilco Drilling's 'WilPhoenix' rig

Awilco Drilling, the UK based drilling contractor that operates two semisubmersible rigs in the North Sea has announced the exercising of a contract option by Premier Oil UK for the company’s ‘WilPhoenix’ rig. The 250 day contract option is related to the contract signed between Premier and Awilco for use of the ‘WilPhoenix’ rig on 7th May 2012 and the extension means the unit will now be contracted to Premier Oil until the 31st October 2014 at the latest. The extension of the existing contract coincides with the extension of another contract Premier Oil has for the same rig, which was originally intended to be for 70 days but has now been increased to 80 days.

9 Jun 2008

LUNDIN PETROLEUM SPUDS TORPHINS EXPLORATION WELL, OFFSHORE UNITED KINGDOM

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that drilling of the exploration well 21/8-4 on the Torphins prospect located in block 21/8, production licence P1107, in the central North Sea sector of the United Kingdom Continental Shelf (UKCS), has commenced. Well 21/8-4 is targeting the Palaeocene sandstone reservoir. The Torphins prospect is defined by a 3D seismic anomaly. The estimated unrisked gross potential is approximately 30 million barrels of oil equivalent (mmboe). Lundin Petroleum has contracted the Transocean's GSF Arctic II semi-submersible rig to drill this prospect. Drilling is expected to take up to 75 days. Well 21/8-4 is located 12km north of the Lundin operated Scolty discovery drilled in late 2007 and is targeting a similar amplitude anomaly. Lundin Petroleum is the operator with 40 percent interest. Partners are Challenger Minerals (North Sea) Limited and Revus Energy (E&P) Limited.

9 Jul 2012

Hurricane appraisal well commences

Ithaca Energy Inc. (TSX:IAE)(LSE:IAE) announces that it has commenced drilling of the Hurricane appraisal well in Block 29/10b (Ithaca operated), which lies within the Company's Greater Stella Area in the UK sector of the Central North Sea. The well is being drilled using the WilHunter semi-submersible rig. The Company has contracted the services of Applied Drilling Technologies International ("ADTI") to manage drilling operations under "turnkey" contract arrangements. The well programme is anticipated to take between 75 to 85 days to complete, including the performance of a drill stem test.

14 Aug 2012

Hurricane well proceeding to drill stem test

Ithaca Energy Inc. announces that operations at the Hurricane appraisal well, 29/10b-8, which lies within the Company's Greater Stella Area in the UK sector of the Central North Sea are now proceeding to a Drill Stem Test ("DST"). The well has been drilled to a total measured depth of 10,779 feet to appraise hydrocarbon bearing sands in the eastern lobe of the Hurricane structural closure and logs indicate that the well has encountered hydrocarbons (possibly liquid rich gas) in both the Rogaland and Andrew sands. Pressure and fluid sampling has been undertaken across both reservoir sand intervals. An initial DST will be conducted over the Andrew sand interval. A further update will be issued when the DST results from the Andrew formation become available. The Joint Venture partners in the Ithaca operated Block 29/10b (Hurricane) are Ithaca Energy (UK) Ltd (54.66%), Dyas UK Ltd (25.34%) and Petrofac Energy Developments UK Limited (20%).

4 Sep 2012

Hurricane appraisal well successful test results

Ithaca Energy Inc. announces that it has completed a successful drill stem test ("DST") on the Andrew sandstone interval in the Hurricane appraisal well, 29/10b-8, The DST achieved a gross maximum flow rate of approximately 24 million standard cubic feet of gas per day ("MMscf/d") with associated condensate of 1,200 barrels per day ("bbl/d") from a 44/64-inch fixed choke. The wellbore will now be suspended as a future Andrew reservoir production well with the capability of also producing from the Rogaland reservoir. Well 29/10b-8 was drilled to appraise sands in the eastern lobe of the Hurricane structural closure, located in the Company's Greater Stella Area ("GSA") of the UK Central North Sea. The well intersected 32 feet of Eocene Rogaland sandstone with an average porosity of 28% over the net sands. A full core of the Rogaland reservoir section was extracted. Fluid samples and downhole pressure data have confirmed the presence of liquid rich gas throughout the interval; the samples indicate a condensate-gas ratio ("CGR") of between 60 and 110 barrels of condensate per MMscf. Sufficient data was obtained to remove the need to perform a well test on this interval. Analysis of pressure data indicates the hydrocarbon-water contact is likely to be the same as that in the Hurricane discovery well, 29/10-4Z (located in the western lobe of the structure), at 9,438 feet True Vertical Depth Subsea. The well also intersected 20 feet of Palaeocene Andrew sandstone reservoir, similar in nature and thickness to that observed in the main Andrew sandstone reservoir of the Stella field, approximately 10 kilometres east of Hurricane. The reservoir is of good quality, similar to that of Stella with average porosity of 26% over the net sands, and is considered to potentially be part of a more extensive Andrew sand unit in the area. During the main flow period lasting approximately 24 hours, the Andrew interval achieved an average gross flow rate of approximately 17 MMscf/d with associated condensate of 870 bbl/d (52 degrees American Petroleum Institute ("API") Gravity) from a half inch choke. A gross maximum flow rate of 24 MMscf/d with associated condensate of 1,200 bbl/d was also achieved, with the full production potential of the well being limited by surface equipment. The well will now be suspended for future potential use as a production well for the Andrew reservoir, with the capability of also being used for future production from the Rogaland reservoir. Nick Muir, Chief Technical Officer, commented: The successful results of the Hurricane appraisal well have clearly demonstrated the significant potential of the Andrew reservoir play fairway in the Company Greater Stella Area. A work programme has already been launched to assess the development options and ultimately recoverable volumes for Hurricane, both in terms of the Rogaland and Andrew reservoirs, and the optimal solution for its integration into the ongoing development of the nearby Stella and Harrier fields; this will include the likely use of the current well as a producer. All the major contracts for the Stella development have now been awarded and the next key milestone will be the selection of the yard in which the modification works will be performed on the FPF-1 floating production unit." The well was drilled using the WilHunter enhanced pacesetter semi-submersible rig, owned by Awilco Drilling plc and managed by the services of Applied Drilling Technology International ("ADTI"). The Joint Venture partners in the Ithaca operated Block 29/10b (Hurricane) are Ithaca Energy (UK) Ltd (54.66%), Dyas UK Ltd (25.34%) and Petrofac Energy Developments UK Limited (20%).

26 Feb 2015

Hess chooses not to exercise option on 'WilHunter'

Awilco Drilling Plc, the UK midwater focussed drilling contractor has announced that Hess Limited (“Hess”) has decided not to exercise its 275 day option on the WilHunter semisub. Hess extended its contract for the WilHunter in March 2013, which included the option for an additional 275 days to be exercised by 25th February 2015. However, Hess has allowed this option to lapse and as such the unit will come off contract in November 2015.

11 Feb 2016

Wilhunter SPS and Stacking

Timing of the planned WilHunter SPS will depend on when sufficient follow-on work is secured. The warm stack status on WilHunter is being continuously reviewed.

29 Feb 2016

Operational Update for WilPhoenix

The WilPhoenix remains berthed at Hartlepool while awaiting final project acceptance by Apache North Sea Ltd prior to re-commencement of the remaining 22 months of its three-year contract. A further update will be released upon re-commencement of normal operations. WilPhoenix is one of Awilco Drilling's two enhanced pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.

4 Apr 2016

AWDR - Operational Update for WilPhoenix

Reference is made to Awilco Drilling's press release of 29 February 2016 and the Q4 2015 presentation given on 11 February 2016. The yard stay for WilPhoenix is taking longer than anticipated and in the meantime the rig remains berthed at Hartlepool on zero dayrate. Awilco Drilling is working expediently to close out the yard stay in co-operation with Apache North Sea Ltd. The estimated total cost for the yard stay and the installation of the new BOP continues to be below the budget of USD 42.5 million. A further update will be released upon re-commencement of the rig's remaining 22 months of its three-year contract. WilPhoenix is one of Awilco Drilling's two enhanced pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.

26 Apr 2016

Operational Update for WilPhoenix

Reference is made to Awilco Drilling's press release of 4 April 2016. The yard stay for WilPhoenix is now complete and Awilco Drilling considers the rig to be, in all respects, ready to drill awaiting Apache North Sea Ltd's instructions to resume operations. The total cost for the yard stay and the installation of the new BOP was below the budget of USD 42.5 million. In accordance with the contract, Awilco Drilling considers that WilPhoenix is on standby rate from the completion of the yard stay. Apache North Sea Ltd. does not agree that the rig is ready to drill nor that Awilco Drilling is entitled to standby rate at this point. A further update will be released as and when appropriate.

11 May 2016

Consent for exploration drilling for Faroe Petroleum

Faroe Petroleum has received consent to drill an exploration well in block 37/1. Faroe Petroleum Norge AS (Faroe Petroleum) is the operator for production licence 740 in the North Sea. The exploration well will be the first to be drilled in this production licence. It will be drilled in a prospect named Brasse, with the designation 31/7-1. The location is 16 km south-east of Oseberg A and approx. 93 km west of Sotra in Hordaland. Water depth at the site is 188 metres. The drilling will start in the second half of May at the earliest, with an estimated duration of up to 57 days. The drilling will be performed using Transocean Arctic, which is a semi-submersible mobile drilling facility operated by Transocean Offshore (North Sea) Ltd NUF. It was built by Mitsubishi Heavy Industries in Japan in 1987, and substantially upgraded in 2004. Transocean Arctic was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2004. The PSA has granted Faroe Petroleum consent for the exploration drilling.

17 Jun 2016

Operational Update for WilPhoenix

Reference is made to Awilco Drilling's press release of 26 April 2016 and the Q1 2016 presentation given on 11 May 2016. Awilco Drilling PLC and Apache North Sea Ltd. have agreed that WilPhoenix should leave the yard in Hartlepool around 22 June 2016 and resume operations at Apache's first drilling location around 26th June. A further update will be released once drilling operations have been resumed. WilPhoenix is one of Awilco Drilling's two enhanced pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.

27 Jun 2016

Operational Update for WilPhoenix

Reference is made to Awilco Drilling's press release of 17 June. Awilco Drilling PLC is pleased to confirm that the WilPhoenix has moored at Apache's drilling location on the Storr field and resumed operations last night, 26 June. WilPhoenix is one of Awilco Drilling's two enhanced pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft.

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