Noble Venturer booked all year for campaigns in Africa hotspots

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Noble Drilling announced the scheduled activities for its Noble Venturer drillship in Africa, which are expected to take all year, potentially going into 2025. 

Following the early completion of the Tullow Oil Ghana campaign expected to end in late May 2024, Noble plans to relocate the Noble Venturer to Equatorial Guinea to drill three wells (including two development wells and one exploration well) for Trident Energy starting in June 2024 for an estimated 150 days. The new contract day rate has been revised slightly upwards to replace the legacy Tullow day rate, Noble said in an April 22 LinkedIn post.

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From Equatorial Guinea, the Noble Venturer will move to Namibia and drill an exploratory campaign of a minimum of two wells for Rhino Resources Ltd, commencing in November 2024, Noble said. A dayrate of US$410,000 (excluding mobilization) will apply for the firm term and option scope, for a total potential duration of 100 to 250 days. This work was previously slated for and conditionally awarded to the Noble Developer prior to the early completion of the Noble Venturer Tullow campaign.

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Blake Denton, SVP of Marketing and Contracts, said “We’re very proud of our Noble Venturer crew whose drilling efficiency helped achieve early completion of our campaign with Tullow and service partners, enabling new opportunities to partner with Trident Energy and Rhino Resources. We’re also excited to re-enter the Namibian arena after the original Venus discovery for TotalEnergies by the Noble Voyager a couple of years ago.”

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