Fossil Energy – Drilling Argentinia
Noble has secured a contract with Total Austral, a subsidiary of TotalEnergies, to redeploy the harsh-environment jack up rig Noble Regina Allen for the drilling of three horizontal wells at the Fénix project in southern Argentina.
This project is a natural gas development aligned with TotalEnergies’ low-emissions strategy (9 kg CO2e/boe).
The contract is expected to commence in the first half of 2024, with a duration of around 220 days. The estimated contract value is approximately $33 million, excluding mobilization and demobilization fees. The contract further contains four one-well options.
The Noble Regina Allen is currently undergoing repair work in Rotterdam, the Netherlands.