Rig: Scarabeo 3

Name Scarabeo 3
Owner Saipem (Portugal) Comercio Maritimo, Sociedade Unipessoal, Lda.
Manager Saipem
Rig Type Semisub
Sub Type Midwater Floater
Jackup Type --
Max Water Depth (ft) 1790
Max Drill Depth (ft) 25000
Dimensions (ft) 357 x 328 x 144
Leg Length (ft) --
Competitive Yes

Current Location

Country --
Region --

Drilling Equipment

Drawworks Type National Oilwell Varco 1625 DE
Drawworks HP 3000
Mud Pumps Type National Oilwell Varco 12-P-160 Triplex
Top Drive National Oilwell Varco TDS-3H
Hookload Capacity (lbs) 1000000

Rig Construction Details

Rig Design Friede & Goldman
Rig Model --
Year Built 1975
Country of Build Germany
Yard Name Hamburg Shipyard
Group Yard Name Blohm+Voss Holdings AG

Rig Contract Details

Operating Status Retired
Operator

News

16 Nov 2015

Completion of Well Operations on the Aje Field, Nigeria

Panoro Energy ASA, the independent E&P company with assets in Nigeria and Gabon, is pleased to announce the completion of well operations on the Aje field on the OML 113 license offshore Nigeria. The Aje-4 well, which was previously drilled in 2008, has been successfully completed as an oil production well. This follows the previously reported successful completion of the Aje-5 production well. Both wells have been perforated in the Cenomanian oil bearing zones with positive indications of well productivity based on the short flow-backs carried out during the completion programs. Subsea trees have been installed on both wells, and the wells are now suspended ready for connection to the oil production facilities, prior to commencement of production. The Saipem Scarabeo 3 is currently being demobilized. No safety related incidents have been reported. Based on the well results and updated perforation modelling, management is confident that it should meet its indicated daily production guidance.

16 Oct 2015

Panoro Energy Provides Operational Update

The Aje-5 production well located on the OML 113 license, offshore Nigeria, has been successfully completed and the reservoir has been perforated in the Upper and Lower Cenomanian Oil bearing zones. The subsea tree has been installed and the well has been suspended ready for connection to the oil production facilities prior to commencement of production. The Saipem Scarabeo 3 semi-submersible drilling rig has been moved to re-enter the existing Aje-4 well for completion as a second Cenomanian production well. All key equipment related to the Aje oilfield development has now been delivered to Lagos, including the FPSO moorings and turret buoy, the production manifold, the umbilical termination assembly, and the umbilicals and flowlines. In addition, the ongoing refurbishment of the Front Puffin FSPO is on schedule and it is anticipated that the vessel will sail from Singapore approximately six weeks prior to its installation date. Panoro currently estimates the project timing and costs to be largely on track, although for planning purposes, the Company is now projecting that first oil should take place towards the end of January 2016.

27 Jul 2015

Yinka Folawiyo Petroleum (YFP) spuds Aje-5 well in Nigeria

Panoro Energy ASA ("Panoro"), the independent E&P company with assets in Nigeria and Gabon, is pleased to announce that drilling has commenced on the Aje-5 production well on the OML 113 license, offshore Nigeria. The well is being drilled with the Saipem Scarabeo 3 semi-submersible drilling rig. Aje is an offshore field located in the western part of Nigeria in the Dahomey Basin close to the border with Benin. The field is situated in water depths ranging from 100 to 1,000 metres about 24 km from the coast. Panoro Energy holds a 6.502% participating interest in OML 113 (with a 12.1913% revenue interest and 16.255% paying interest in the Aje Field). The Aje Field contains hydrocarbon resources in sandstone reservoirs in three main levels - a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir. The Aje-5 well is being drilled from a seabed location close to Aje-4 in 300 metres water depth. The well will be drilled as a deviated well targeting a location close to the Aje-2 subsurface location where that well encountered and tested high quality oil-bearing Cenomanian reservoir. Following drilling, the Aje-5 well will be completed as a subsea oil production well. The drilling and completion for Aje-5 is expected to take approximately 70 days. Following this the rig will be used to re-enter the existing Aje-4 well to complete it as a second Cenomanian subsea oil production well. Installation of the production manifold, flowlines, umbilicals and risers will take place in Q4 2015 after which the FPSO vessel the ‘Front Puffin’ will be installed and commissioned. Production is expected to commence by year end 2015 at an initial anticipated production flow rate of approximately 1,100 bopd, net to Panoro from these two wells, in accordance with the first phase of the approved Field Development Plan.

8 Jun 2015

Panoro announces contracting of 'Scarabeo 3'

Panoro Energy ASA (”Panoro”), an independent oil and gas E&P company focused on West Africa, has provided the following operations update. Yinka Folawiyo Petroleum (“YFP”) the operator of the OML113 license has, on behalf of the joint venture partners, entered into a rig contract with Saipem for the Scarabeo 3 drilling rig to carry out the drilling and completion programme for the Aje Field Cenomanian oil development. Aje is an offshore field located in the western part of Nigeria in the Dahomey Basin at the border with Benin, with first oil targeted for December 2015. The field is situated in water depths ranging from 100 to 1,000 meters about 24 km from the coast. Panoro Energy holds a 6.502% participating interest in OML113 (with a 12.1913% revenue interest and 16.255% paying interest in the Aje Field). The Aje Field contains hydrocarbon resources in sandstone reservoirs in three main levels - a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir. The Scarabeo 3 rig is a semi-submersible rig currently stationed offshore Lagos. The rig will be moved 18 nautical miles to the Aje drilling location and will be used to carry out well operations for the first phase of the Aje Cenomanian Oil field development that includes two subsea production wells. The well operations will comprise the completion of the existing Aje-4 well as a production well, and the drilling and completion of a new well, Aje-5, which will be drilled to the Aje-2 subsurface location. The Aje-2 well demonstrated high reservoir productivity in a Cenomanian production test conducted in 1997, flowing approximately 3,700 bopd of 41°API oil under suboptimal well conditions. Well operations are expected to commence in early Q3-2015 and are likely to take approximately 90 days to complete. Once well operations have been completed, subsea equipment will be installed and the wells will be tied back to the Front Puffin FPSO, currently undergoing refurbishment in Singapore.

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