Atwood wins more Woodside work

Houston-based offshore drilling company Atwood Oceanics and Australian LNG player Woodside have amended their contract for the Greater Enfield project campaign.

Atwood said on Thursday that its Australia operating subsidiary’s drilling services contract with Woodside, as operator, for the semisubmersible Atwood Osprey had been amended effective February 2, 2017.

Atwood’s Australian unit will substitute the dynamically-positioned, ultra-deepwater semisubmersible Atwood Condor for the Atwood Osprey for the Greater Enfield campaign.

The work scope is expected to commence by first calendar quarter 2018 at an operating rate of $222,295 per day and for a total of 12 wells. The mobilization fee will be $36.5 million.

Woodside and the Atwood Australian operating subsidiary have also reached a new deal to utilize the Atwood Osprey for an additional exploration well. Drilling of the exploration well is expected to commence in 2018 at an operating rate of $190,000 per day.

“This agreement ensures that the Atwood Condor remains working into mid-2019, while enhancing the drilling efficiency of the Greater Enfield project,” said Rob Saltiel, President and CEO of Atwood Oceanics.

Related news

List of related news articles