The contract was first announced in Maersk Drilling’s May 2020 Fleet Status Report.
Drilling & production
The acquisition has been approved by Pioneer and Parsley stockholders.
IDS will deploy its data driven TourNet Pro drilling contractor reporting service and drilling performance monitoring service, Anova DPM, across Stena Drilling’s fleet in 1Q21.
More Drilling & production news
Perseverance #1 is targeting P50 prospective oil resources of 0.77 billion bbl, with an upside of 1.44 billion bbl.
Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.
Gas production has started at the R Cluster, the ultra-deepwater gas field off the east coast of India being developed by Reliance Industries and BP.
The deal is expected to provide the catalyst for future international expansion in the Middle East and, in particular, Saudi Arabia.