Statoil to plug, abandon wells in Heimdal field

Statoil ASA signed a $115 million contract with Archer to plug and abandon 12 gas wells of Heimdal field in the Norwegian North Sea.

Statoil expects operations to begin in second-half 2014. The contract will last 34 months and includes four extension options of 3 months each.

Archer plans to use the modular rig Archer Topaz to complete this project. This is Archer’s second modular rig, but marks the first time Archer has used a modular rig in the North Sea.

The rig-hoisting system is rack and pinion driven, which is a new design for the North Sea, Archer said.

Statoil operates Heimdal field. Partners are Total, Centrica, and Petoro.



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