Licensed operators, many of them small independent companies, are faced with planning and executing drilling programmes without the necessary internal capacity, capability or experience. Many of the new entrants also have no experience of the rig contracting market and need assistance in gaining access to rigs at a time of extremely high demand.
In 2008, AGR managed the drilling project of 78 exploration and development wells worldwide and 40 in the North Sea, making us the second busiest drilling group in north-west Europe. The drilling was conducted in the northern, central and southern sectors of the UKCS.
For oil company clients, the advantages of multi-well rig programmes go far beyond the contracting and operation of drilling rigs. Participating companies can access cost benefits from combined site-survey cruises in which vessel mobilisation and demobilisation costs are shared. Clients can plan and execute their individual drilling programmes from the strength of a much broader operating base, and experience has shown that rig operators usually work more effectively and efficiently when they are engaged in a continuous and consistent drilling programme managed by a single operator.
During its Transocean Prospect campaign (2007 - 2008):
- AGR drilled a well for a small independent operator in just 14 days against a budgeted time of 18 days, resulting in cost savings of $1.5 million
- AGR successfully drilled an HPHT well for an international UK-based oil and natural gas company.
Under the Byford Dolphin campaign (2007 - 2008):
- AGR successfully unlocked a heavy oil prospect for an independent Canadian operator in a field that had previously been abandoned being unproducable
- AGR operated a remote-operations drilling campaign in the Bay of Biscay for France’s largest onshore oil producer, which was the first time the client had ever awarded its drilling to an independent well management company.
As a result of the ENSCO-100 campaign (2008):
- AGR achieved the first rig-based fracture in the southern North Sea, which enabled the client to achieve the first gas production from previously unattractive tight reservoir sands.