By OGJ editors
HOUSTON, Mar. 22 -- Peak Group, Aberdeen, has secured a rig and associated contracts and has begun its first multiwell, multioperator well management program off Australia.
The $100 million (Aus.) program covers eight wells and four operators. It developed from a Peak contract for drilling in AED Oil Ltd.'s Puffin oil field on the Ashmore Cartier Permit AC/P22 in the Timor Sea.
Other operators in the program are Santos Ltd., Eni SPA, and ConocoPhillips.
The Stena Clyde semisubmersible on Mar. 8 began drilling the first of three wells for AED, the low-angle Puffin 9 exploratory well to be drilled to 3,000 m below the seabed. It will drill two development wells, Puffin 7 with a 460 m horizontal lateral and Puffin 8, still under design. The development wells will be completed subsea and tied back to a floating production, storage, and offloading vessel (OGJ, Mar. 6, 2006, p. 20).
For the AED wells, Peak is providing complete well construction project management and procurement service.
For that and its work for the other operators in the program, Peak will hold the contracts for the drilling rig, supply vessels, third-party service contracts, and logistics and supply base services.
Its work for the operators other than AED will vary. It has completed work for a two-well Eni campaign and will work on one Santos well and two ConocoPhillips wells.
