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Erin Energy signs drilling contract for Oyo field well, offshore Nigeria

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Oilfield Technology,


Erin Energy Corporation hasannounced the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig.

Erin Energy plans to use this rig to drill the Oyo-9 well (Oyo-9) on the Oyo field in the deepwater offshore Nigeria. Under the contract, the company has the option to drill up to two additional wells. The option to extend the contract, if exercised, would be used to drill two of its offshore Nigeria exploration prospects in the prolific Miocene geological zone.

Jean-Michel Malek, Interim Chief Executive Officer commented: “The execution of this rig contract is an important step in advancing our 2017 work programme and our development of the Oyo field in the deepwater offshore Nigeria. We look forward to working closely with Pacific Drilling on this drilling program.”

The Pacific Bora is a highly efficient sixth generation double-hulled drillship currently in Nigeria and expected to be mobilised to the Oyo field and on site in June 2017. The contract provides for a base operating rate of US$195 000/d. The rig can be used for both drilling and well completion.

Erin Energy anticipates spudding the Oyo-9 in mid-June and first production from the well to be in September 2017. The Oyo-9 is expected to add an additional 6000 - 7000 bpd.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/07032017/erin-energy-signs-drilling-contract-for-oyo-field-well-offshore-nigeria/


 

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