DEPARTMENTS • DRILLING & COMPLETION NEWS
Maersk secures contract extensions
in Malaysia, new contract in Denmark
Deepsea Nordkapp confirmed to drill Kobra
East Gekko development wells for Aker BP
Sarawak Shell Berhad/Sabah Shell Petroleum Corp (SSB/
SSPC) has executed two options on the previously announced
contract that will employ the seventh-generation drillship
Maersk Viking offshore Malaysia. The first option will be
novated to TotalEnergies EP Malaysia for the drilling of one
deepwater well for the Tepat project, while the second option
will be novated to PETRONAS for the drilling of one deepwater
well for the Layang-Layang project. Both projects are located
off the coast of Sabah.

The extensions have a total estimated duration of 120 days
and are expected to commence in July 2022 in direct continu-
ation of the rig’s prior work scope with SSB/SSPC. The total
contract value of the extensions is approximately $32 million,
including fees for the use of managed pressure drilling. Three
one-well options remain on the contract with Shell Malaysia.

In separate news, Maersk Drilling has been awarded a con-
tract with TotalEnergies E&P Danmark to employ the Maersk
Reacher jackup for well intervention services in the Danish
North Sea. The contract is expected to commence in July 2022,
with a duration of 21 months. The contract includes options to
extend the duration by up to 27 additional months.

Aker BP has exercised a scope-based option for Odfjell
Drilling’s Deepsea Nordkapp semisubmersible under a contract
originally signed in April 2018. The option covers the time nec-
essary to complete four Kobra East Gekko (KEG) development
wells. Operations on the KEG development wells are expected
to commence in January 2023, with a combined duration of
approximately 430 days. With the current term-based contract
ending in June 2023, the newly exercised KEG development
scope represents approximately 8.5 months of additional back-
log for the Deepsea Nordkapp, occupying the unit into Q1 2024.

The approximate contract value for the exercised optional
scope is $80 million, excluding any integrated services .

Further, an additional option period has now been agreed
upon. If exercised, it will follow completion of the KEG develop-
ment wells.

APA Corp sees exploration success with
KBD-1 well in Block 58 offshore Suriname
APA Corp has announced an oil discovery at the Krabdagu-1
(KBD-1) exploration well. KBD-1 is located on Block 58 offshore
Suriname, approximately 18 km southeast of the Sapakara
South-1 appraisal well. APA Suriname holds a 50% working
interest in the block, and operator TotalEnergies holds the
remaining 50% .

KBD-1 was drilled with the Maersk Valiant to an approxi-
mate depth of 17,300 ft (5,273 m ). The well was designed to
test multiple stacked targets in Maastrichtian and Campanian
intervals and encountered approximately 295 ft (90 m) of net
oil pay in good-quality reservoirs.

While the rig is on location, TotalEnergies will progress
with drill stem and other wellbore testing to assess the
resource potential and productivity of two primary reservoirs.

Liza Phase 2 starts production in Guyana,
set to reach capacity later this year
Hess has announced startup of production from the Liza
Phase 2 development on the Stabroek Block offshore Guyana,
utilizing the Liza Unity FPSO . The oil production capacity
of 220,000 gross bbl/day is expected to be reached later this
year . The Liza Unity arrived in Guyana in October 2021, fol-
lowing construction in shipyards in China and Singapore. It
is moored in water depth of about 1,650 m and will be able to
store approximately 2 million barrels of crude oil. The Liza
Unity is the world’s first FPSO to be awarded the SUSTAIN-1
notation by ABS in recognition of the sustainability of its
design, documentation and operational procedures.

8 The Stena Spey will soon begin drilling for TotalEnergies on
the UKCS, with an estimated duration of 120 days.

TotalEnergies, Petrofac hire Stena Drilling
semisubmersibles to work on UKCS
Stena Drilling recently won new contracts for two of its semi-
submersibles. The first contract is with TotalEnergies for the
Stena Spey. Operations on the UK Continental Shelf are due to
commence in March or April 2022, with an estimated duration
of 120 days.

The second contract is with Petrofac for the Stena Don, set
to commence in Q4 2022 and lasting an estimated 80 days. The
contract was awarded in support of a campaign with one firm
well on Tailwind Energy’s Gannet E field in the UK Continental
Shelf. The contract includes an option to extend for up to three
optional wells on behalf of other clients, with an estimated dura-
tion of 55 days.

M A R C H/A P R I L 202 2 • D R I L L I N G C O N T R AC T O R