Camac secures rig for Oyo drilling

Camac Energy Inc. has signed a long-term drilling contract with Northern Offshore Ltd. for the Energy Searcher drillship, covering an initial period of a year, with an option to extend the contract for an additional year.

The rig is slated for delivery in this year’s first half for drilling activity in Oyo field in OML 120 offshore Nigeria.

The Energy Searcher is capable of drilling to 25,000 ft in as much as 2,500 ft of water. Oyo field, which started production in 2009, is in 650-1,600 ft of water.

Camac and partner Allied Energy PLC in October encountered oil and gas in the producing Pliocene reservoir in the Oyo-7 well on OML 120 (OGJ Online, Oct. 16, 2013). A month later, the partners confirmed the presence of oil in Miocene (OGJ Online, Nov. 13, 2013).

Block interests in Oyo field are Allied 70% and Camac 30%.

Related Articles

Vaalco launches Etame Marin drilling campaign offshore Gabon

10/17/2014 Vaalco Energy Inc., Houston, has spudded the first well of a six-well development drilling campaign on the Etame Marin block offshore Gabon. Produc...

API: US petroleum demand falls in September, third quarter

10/17/2014 Total US petroleum deliveries, a measure of demand, averaged 18.6 million b/d last month, down 3.5% from September 2013, as stated in the latest mo...

BHI: US drilling rig count drops 12 units to 1,918

10/17/2014

The US drilling rig count declined 12 units to settle at 1,918 rigs working during the week ended Oct. 17, Baker Hughes Inc. reported.

Fifth Chevron-contracted drillship arrives in deepwater Gulf of Mexico

10/17/2014

The latest deepwater drillship has arrived and started operations for Chevron Corp. in the Keathley Canyon area of the Gulf of Mexico.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected