Under the agreement with operator RWE Dea Norge, AGR will deliver Well Delivery Services comprising planning, execution and reporting for the project. Two wells contracted will be delivered in 2014 using the Leiv Eiriksson semisubmersible rig.
The Titan field is located in Block 36/9 in the Norwegian sector of the North Sea with a water depth of 360 - 370 metres. RWE Dea Norge drilled the first promising oil and gas discovery in the production licence 420 in 2010.
Commenting on the assignments, AGR’s EVP Norway and Russia, Sjur Talstad said: “We are very pleased to have been selected to provide these services for RWE Dea Norge, who we have worked with on a number of successful drilling projects. We look forward to continue working with them to deliver these important projects.
“AGR’s Well Management model adds value for our clients on complex projects by delivering continuity in experience transfer, flexibility, extensive technical knowledge and access to resources as well as improved HSEQ results.”
AGR has enhanced previous experience working on the Leiv Eiriksson and recently delivered two wells in the Barents Sea using the rig. The company also managed the rig for 12 months while carrying out its multi-client, multi-well remote deepwater drilling campaign off the Falkland Islands.
Recently AGR successfully delivered a wildcat HPHT well for RWE Dea Norge in an environmentally sensitive area in the central region of the Norwegian Sea. Based on the available data, the well was recorded as the seventh deepest in the history of Norwegian oil and gas drilling and the second hottest ever drilled on the Norwegian Continental Shelf.
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Note to Editors
Oslo Stock Exchange listed AGR is a global provider of oil services and software solutions to the upstream oil and gas industry. It operates in all regional main oil hubs around the world. AGR has drilled more than 480 wells within 13 years and delivered 1,000 reservoir studies in only five years.