Sirius hopes to spud Ororo-2 well in 4Q 2018 as rig maintenance drags on

Source: Pixabay

Sirius Petroleum, the Nigeria-focused oil and gas development and production company, is working towards achieving spudding of the Ororo-2 well in the fourth quarter of 2018.

The company said on Friday that the COSL Force jack-up rig, contracted for the Ororo-2 drilling, was undergoing an extensive maintenance program under a recertification process conducted by COSL on station in Dubai.

The program includes the examination of all major drilling equipment items and systems as well as repairs where necessary. The major systems include main engines, top drive, hoisting equipment, mud pumps, and the blow out preventer.

At the moment, Sirius is waiting for the completion of maintenance which has taken significantly longer than originally envisaged since the drilling of the Ororo-2 well was supposed to begin back in April.

According to the company, it is at an advanced stage of concluding its rig requirements in order to achieve spudding of Ororo-2 in Q4 2018.

COSL decided to use the COSL Force jack-up rig back in March 2018, although that was not the first choice. The initial pick for the Ororo drilling campaign was the COSL Power jack-up, selected in May 2017. At the time, the COSL Force was described as being “ready to be mobilized to Nigeria shortly.”

Also, Sirius amended terms for the COSL Force, extending the initial program to cover both the Ororo-2 and Ororo-3 wells for a lump sum of $9 million on the assumption that the duration of the work will not exceed 90 days. If the duration of the work exceeds that period, daily rates will apply.

Sirius gained a 40% economic interest in the Ororo field through a joint operating agreement from August 2017. Its partners are Owena Oil & Gas and Guarantee Petroleum, who own 27% and 33%, respectively.

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply