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Showing posts with label Arrival. Show all posts
Showing posts with label Arrival. Show all posts

Wednesday, June 29, 2011

Cobalt Anticipates Rig Arrival Offshore Angola

- Cobalt Anticipates Rig Arrival Offshore Angola

Wednesday, June 29, 2011
Cobalt International Energy Inc.

Cobalt has received notification that the Ocean Confidence drilling rig, which is currently under assignment to an Angolan affiliate of Total S.A., will be returned to Cobalt on Block 21 on or about July 12. Upon its return, Cobalt will immediately commence its initial two well pre-salt deepwater exploration drilling program on Block 21 offshore Angola. Given the proximity of the two exploratory well locations, Cobalt plans to drill the surface hole of the Bicuar #1 exploratory well, move the drilling rig to the Cameia #1 exploratory well to drill and evaluate that prospect, then return to the Bicuar #1 exploratory well to drill and evaluate it. Cobalt expects each well to take 80 to 100 days to drill and an additional 10 to 20 days to evaluate if successful. Cobalt is the operator of Cameia and Bicuar and
has a 40% working interest in each prospect.

In addition, Cobalt anticipates the execution of the production sharing agreement for its 40% working interest and operatorship of Block 20 offshore Angola will occur early in the third quarter of 2011.

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Friday, June 3, 2011

Chevron Strengthens Portfolio Offshore AU with Arrival of Semisub Osprey

- Chevron Strengthens Portfolio Offshore AU with Arrival of Semisub Osprey

Friday, June 03, 2011
Chevron Corp.

The Atwood Osprey, Chevron's newly contracted ultra-deepwater semisubmersible drilling rig, has arrived in the waters off northwest Australia. Constructed in the Jurong Shipyard in Singapore, the rig will commence operations drilling and complete a queue of development wells as part of the Gorgon Project. The development drilling program scheduled for 2011 and 2012 represents the most significant investments Chevron has made in development drilling offshore Western Australia.

Chevron Australia managing director Roy Krzywosinski said Western Australia is pivotal to the company's strategy of building an internationally competitive gas business in the Asia-Pacific region. He said the company expects the Atwood Osprey to play a key role in strengthening Chevron's growing exploration, appraisal and development portfolio for at least the next three years.

"Chevron continues to make significant investments in developing Australia's natural gas resources," Krzywosinski said. "The arrival of this newly contracted rig represents our ongoing long-term commitment to grow our natural gas business in Western Australia."
Safety First

To ensure a safe startup and a strong safety culture is in place, the Australasia business unit's (ABU) drilling and completions team held three engagements with the Atwood Osprey crew to ensure Atwood's safety management system and those of our business partners were fully aligned with Chevron's expectations for operational excellence.

ABU Drilling and Completions manager Kent Springer said that through these engagements he was confident that Atwood Oceanics and its crew would achieve their vision statement of "always exceeding your expectations" and continue their commitment to safety, personal health, environmental stewardship, efficiency and reliability.

"Both Chevron and Atwood have systems in place to make the rigs as safe as possible. However, these systems are ineffective without the commitment of all our personnel, both rig- and office-based, adhering to them," Springer said. "Therefore, having members of the ABU management team—including Roy Krzywosinski—come along and tell the crew that they have their personal backing to use stop-work authority if they see an unsafe risk or behavior is a powerful message."

The Atwood Osprey can accommodate as many as 200 people, is 426 feet (130 m) tall and 377 feet (115 m) long. When moored, it will be capable of drilling as far as 31,988 feet (9,753 m). With its own mooring equipment, it can operate in water as deep as 5,905 feet (1,800 m), or 8,202 feet (2,500 m) with pre-laid mooring.

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