Neptune scoops rig positioning deal with Quadrant

  • Business & Finance

Neptune Survey has been awarded a rig positioning contract by Australian oil and gas company Quadrant Energy.

Neptune said on Thursday that the deal was for Transocean’s GSF Development Driller-1 rig which would begin a drilling campaign for Quadrant in the first quarter of 2018.

Neptune added that the drilling campaign was for three wells, due to run over an estimated 200 days.

The company’s chief executive officer, Robin King, said: “This key contract award further strengthens Neptune and Quadrant Energy’s working relationship which has seen Neptune provide Quadrant with engineering, diving, ROV, and survey services in the past 12 months.”

To remind, Quadrant Energy hired the semi-submersible drilling rig in July to drill the Phoenix South-3 well offshore Western Australia.

At the time, the well start window was scheduled between February 1 and April 1, 2018. The Phoenix South-3 well is being designed as a redrill of the Phoenix South-2 well that discovered gas and condensate at the top of the Caley interval.

As for the rig, the GSF Development Driller-1 is a sixth generation semi-submersible with dual rig activity. It was built by Singapore’s Jurong Shipyard in 2005.

Offshore Energy Today Staff

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