Aquaterra rents riser for Egyptian wells

Aquaterra Energy has won a $3-million contract to supply a high pressure drilling riser for use on projects in the Eqyptian sector of the Mediterranean Sea.

Offshore staff

NORWICH, UK -- Aquaterra Energy has won a $3-million contract to supply a high pressure drilling riser for use on projects in the Eqyptian sector of the Mediterranean Sea.

Aquaterra Managing Director, George Morrison said: “We see real growth in this market as more customers start to understand the advantages of drilling subsea wells with jack-ups.”

The company will provide a full-bore riser to assist the drilling program of the client, a joint venture petroleum company in the Egyptian sector. The riser will able to working at pressures up to 5,500 psi (379 bar).

The eight-ten month program involves drilling and completion of three development wells, Taurt 6, Taurt 7 and Ha’py 10, on the Ras El Baar concession, using the jack-up Transocean Constellation II. Operations should start this fall, in water depths of up to 108 m (354 ft).

Aquaterra says the riser will be a self-contained system including all necessary running equipment and power packs. It will form a pressure-retaining conduit between the subsea wells and the surface BOP facilitating the passage of drilling, completion and intervention equipment and tools.

05/04/2010

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