Drilling Rig Suspended By Statoil

Published at 12:28PM - 31/10/16

Statoil announced today it will suspend the Songa Enabler contract as soon as the current well on the Snøhvit field is completed, in the Barents Sea.

According to the rig owner Songa Offshore, the earliest estimate for the contract suspension is from the end of November 2016, according to the current drilling schedule.

“The expected resumption of drilling operations is currently the start of the Blåmann well on April 1, 2017,” Songa Offshore informed.

Statoil Rig Suspended in the Barents Sea

“Statoil is working to revise the existing drilling schedule with focus on an earliest possible date for resumption of work,” the company stated further.

Meanwhile, the drilling rig is to go on a 75% suspension rate, or US$343,000 (£281,863) per day.

However, the overall financial impact of the suspension is expected to be minimised through the suspension period with reduced manning and reduced activity level.

Statoil Rig Suspended in the Barents Sea
The Songa Enabler rig

According to Statoil, the mobile unit was originally expected to drill in the Johan Castberg licence, but will now be suspended for approximately four months.

The decision is pending on the start of Statoil’s exploration campaign in the Barents Sea, which is expected to involve five to seven wells to be drilled in 2017.

Songa Enabler Awaits FID on Johan Castberg

The Songa Enabler is a DP-3 or moored harsh environment semi-submersible drilling rig, designed for year-round drilling, completion, testing and intervention operations.

The unit can drill at a water depth of up to 500 metres (1,640 feet) and its design allows for implementation in future deep water and Arctic operations.

The drilling rig was commissioned by Statoil and delivered by DSME, with an initial five-year contract at Johan Castberg.

However, the development stakeholders decided to postpone the development of the project, expected to start in the second half of 2019 after the partnership takes a final investment decision.