Fossil Energy – Drilling
The COSLInnovator has concluded drilling and completion operations on the North Sea well, which is part of a four-well campaign managed by Petrofac, and is moving on to the next one.
The rig has been working under a four-well contract, managed by Petrofac for Serica and Dana Petroleum, since April 2024. The first well was a sidetrack of the existing well (B1z) on the Bittern field. Other wells in the campaign include the GE-05 well on Gannet E, the EC well on Guillemot North West, and the EV-02 well on Evelyn.
The rig arrived at the Guillemot North West field location in late September 2024 and drilling and completion operations and requisite steps for the hook-up on the Dana Petroluem-operated EC1 well have now concluded, with similarly positive initial data to that seen on the B6 and GE05 wells, Serica reported on Tuesday. The EC1 well is expected to enter production in Q1 2025.
The COSLInnovator rig is now moving to begin drilling operations on the Serica Energy-operated EV02 well on the Evelyn field, the next potentially high-impact well, with the first production expected in Q2 2025.
Following this four-well campaign, the semisub will move on to drill a development well on the Belinda field, after which it is scheduled for a yard stay ahead of a new contract in Norway.
