Statoil awards contract for integrated drilling services

Statoil has awarded a contract, with an estimated value of NOK1.5 billion, to Baker Hughes Norway. This onshore contract entails the integrated drilling services for Johan Sverdrup for six years, with an additional four-year extension option for the entire field life.

Johan Sverdrup has recoverable resources totalling between 1.4 and 2.4 billion boe/d in phase one. The development concept for Johan Sverdrup phase 1 will consist of four installations, including: a utility and accommodation platform, a processing platform, a drilling platform and a riser platform, and three subsea templates for water injection.

Providing a range of services

Statoil has chosen to employ Baker Hughes for the Johan Sverdrup field’s integrated services in order to reduce total well costs and achieve more efficient well services. Baker Hughes will, therefore, provide a range of services locally, from Stavanger, including: cementing and pumping, completion, drilling and completion fluids, offshore handling of drill cuttings and integrated drilling services.

Achieving Johan Sverdrup's objectives

“We are pleased to award this contract to Baker Hughes and believe that this will help achieve Johan Sverdrup's objectives of safe operations and efficient well deliveries and also support Statoil's industry efforts to reduce total well costs”, says Margareth Øvrum, Executive Vice President For Technology, Projects and Drilling at Statoil.

Driving performance and creating value

“Drilling will commence in 2016. Together with Baker Hughes, we will quickly establish an integrated operations team, working closely with the drilling and rig contractor Odfjell to plan and optimise well deliveries. This award will play an important part in driving performance and creating value for Johan Sverdrup”, says Øivind Reinertsen, Senior Vice President for the Johan Sverdrup field.


Adapted from press release by David Bizley

Published on 06/07/2015


Get your FREE Oilfield Technology magazine »

Get your FREE trial of Hydrocarbon Engineering magazine »

Get your FREE trial of World Pipelines magazine »


 
 

Recommend magazines

  Oilfield Technology