IOC lets UK SNS Phase 1 contract to Petrofac

June 1, 2020
Independent Oil and Gas PLC, as operator of a joint venture with CalEnergy Resources (UK) Ltd., let a well management contract to Petrofac for Phase 1 of its core UK Southern North Sea (SNS) gas development.

Independent Oil and Gas PLC, as operator of a joint venture with CalEnergy Resources (UK) Ltd., let a well management contract to Petrofac for Phase 1 of its core UK Southern North Sea (SNS) gas development.

Phase 1 comprises the development and production of Southwark, Blythe, and Elgood fields through five wells, with gas transported onshore via the Thames pipeline. Approval for Phase 1 Field Development Plan (FDP) was granted by the UK Oil and Gas Authority (OGA) in May. The drilling campaign is expected to begin in the first half of 2021.

The contract scope covers the planning, execution, and close-out phases of the Phase 1 drilling program, with Petrofac as well operator on behalf of IOG. The planning phase includes detailed well design, risk assessment, and management of well-related regulatory requirements. During the execution phase Petrofac will manage well engineering, procurement and logistics, assure well construction and integrity, and provide onshore and offshore personnel to support the drilling campaign.

Extensive work by the companies has been undertaken this year under a letter of limited commitment to ensure preparations for the 2021-22 Phase 1 drilling campaign proceed to plan, IOC said.