December 5, 2019

Neptune Energy and its joint venture partners BP and JAPEX have awarded new drilling services contracts for the Seagull project in the UK North Sea. All contracts have been awarded under a three-year agreement, with two one-year options to extend.

M I Drilling Fluids will provide mud, drilling fluids and well-bore clean-up services; Halliburton Manufacturing & Services secured a completions equipment and services contract for the provision of High Pressure/High Temperature (HPHT) completions equipment; and Schlumberger Oilfield UK will provide perforating services.

Seagull is expected to initially produce around 50,000 barrels of oil equivalent per day (80 per cent oil) across its ten-year design life. Proved plus probable gross reserves are estimated at 50 million boe. Read more…