22 C
Georgetown
Wednesday, November 25, 2020

Noble Energy pushes back plans for Colombia well, Maersk Drilling retains exclusive option

Must Read

Orinduik block partners reviewing multiple light, sweet targets for 2021 drill plans

Eco (Atlantic) Oil and Gas Ltd announced Tuesday via its unaudited results for the six months ended September 30, 2020,...

Tullow to plug over 90% of expenditure in West Africa, will continue to evaluate Guyana acreage

UK-based Tullow Oil will be unveiling a new strategy and plan to generate c. $7 billion of operating cashflow...

South America’s new O&G deepwater players positioning for big opportunities

The governments of Guyana and Suriname, the new oil and gas deepwater hotspots in South America, are focusing on...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Noble Energy has taken a decision not to go forward with its planned one-well campaign offshore Colombia this year.

Maersk Drilling said in its fleet status report on Friday that it has agreed with Noble Energy to amend the previously announced contract for the drilling of the well this year. The company had been awarded a contract for the 7th generation drillship Maersk Valiant, to spud the well.

“The well will not be drilled in 2020, and Maersk Drilling will receive compensation in the form of a deferral fee and also retains an exclusive option with Noble Energy to drill the well in 2021, should the operator decide to drill it,” Maersk Drilling said.

Noble Energy operates the Colombia-3 and Guajira Offshore-3 deepwater blocks offshore Colombia, totaling 2.2 million acres, with a 40 percent working interest. These exploration blocks are located in the Caribbean Sea, off Barranquilla and Santa Marta’s shores.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Tullow to plug over 90% of expenditure in West Africa, will continue to evaluate Guyana acreage

UK-based Tullow Oil will be unveiling a new strategy and plan to generate c. $7 billion of operating cashflow...

Joint billion-dollar-plus Guyana-Suriname deepwater harbour on the cards

With massive volumes of hydrocarbons being found in the Guyana-Suriname basin in recent years, development of these resources will require significant shorebase support services...

Orinduik block partners reviewing multiple light, sweet targets for 2021 drill plans

Eco (Atlantic) Oil and Gas Ltd announced Tuesday via its unaudited results for the six months ended September 30, 2020, that multiple light, sweet, oil...

South America’s new O&G deepwater players positioning for big opportunities

The governments of Guyana and Suriname, the new oil and gas deepwater hotspots in South America, are focusing on strengthening bilateral relations and solidifying...

U.S hedge fund plugs US$30 million into junior firm with stake in Kaieteur block

(Reuters) - Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration...

More Articles Like This