Fossil energy – drilling
COSL Drilling Europe has been awarded a contract to drill four wells on Statfjord Øst with the COSLPromoter drilling rig from the spring of 2023.
In addition, the rig has options for drilling five wells for Statfjord satellites and further extension by continuing options.
COSL will be utilizing its modern, 6th Generation Harsh Environment Semi-Submersible drilling unit, the COSLPromoter for this contract.
Estimated duration for the first four wells is 220 days and five optional wells of 270 days. After the preliminary programme has been completed, the intention is to extend the cooperation by continuing options.
“We are delighted to be awarded this contract with Equinor for the Statfjord subsea fields and look forward to a long-term working relation going forward. COSL has proven before to deliver bench-mark performance for Equinior, delivering safe and efficient drilling operations through close one-team approach collaboration. We will together with Equinor set a new standard when it comes to low-emission and efficient drilling operation. We are excited in how Equinor with the award of this contract demonstrates its confidence in our employees and our rigs and look forward to our organisation delivering efficient and high-end drilling performances again,” says Frank Tollefsen, CEO of COSL Drilling Europe.