Fossil Energy – Drilling
Shell has confirmed that a rig contract has been signed with Valaris for the drilling of both the Selene exploration well and the Pensacola appraisal well in the North Sea, expected to start in summer 2024.
The two wells will be drilled using the Valaris 123, a heavy-duty jack-up rig, with Selene and Pensacola being drilled as a two well sequence.
The contract and mobilization will start in the June-July 2024 period, according to Shell’s partner Deltic Energy, which holds working interest in both licenses (30% at Pensacola and 50% at Selene).
With Selene and Pensacola being drilled sequentially, this creates the potential for operational efficiencies associated with being part of an extended program of wells.
