12.2 C
London
Tuesday, October 1, 2024

Springfield secures rig to appraise Afina well

Springfield E&P has proudly announced the contracting of the Deepsea Bollsta rig from Northern Ocean Limited (NOL) to lead the appraisal of the Afina-1x well on the deep offshore block, WCTP-2, in Ghana.

In partnership with GNPC and GNPC Explorco, this strategic initiative underscores Springfield’s commitment to advancing Ghana’s oil production by aiming to finalize the unitization of the Afina-Sankofa fields to ultimately bring significant value to the government of Ghana and all stakeholders involved.

The well test with the Deepsea Bollsta rig will commence in October. Other blue chip service companies, both local and international have been engaged to offer support services related to the upcoming operations.

Commenting on the agreement Mr. Kevin Okyere, Chief Executive Officer of Springfield said: “I am hoping that our tenacity and persistence will inspire Ghanaians and the youth across Africa to know that they can all dare to dream and achieve anything they want.”

On July 8th, the International Court of Arbitration ruled that Springfield should do further work to complete the unitization process. Following that, and to comply with the ruling, Springfield has worked swiftly on securing a rig and all other technical requirements to appraise and do a well test on Afina-1x well. Springfield is a company that adheres to and respects all judicial decisions, both national and international.

“Together with GNPC and GNPC-Explorco, we are excited to work with Northern Ocean on this historic drilling campaign as the first independent African company to operate in deep water.

“The success of this campaign will result in us being the first independent African producer in deep water as well. Northern Ocean’s impressive track record, efficiency and expertise make them the ideal choice for Springfield as together, we have managed to plan and execute this drilling campaign in the shortest possible time, which will be unprecedented. We look forward to building a mutually beneficial long-term relationship that brings significant value to all our stakeholders.”

Arne Jacobsen, Chief Executive Officer of NOL, commented: “We are excited to announce this strategic alliance agreement with Springfield, which is an important step in the company’s plan to build a solid order backlog.

In addition, this alliance creates the foundation for NOL and Springfield to work as partners to deliver first-in-class operation with our tier 1 HE rigs.

Springfield is an important operator in Ghana, and we are eager to build a long-term relationship with this esteemed company.


Explore the world of impactful news with CitiNewsroom on WhatsApp!

Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https://whatsapp.com/channel/0029VaCYzPRAYlUPudDDe53x

No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital

Latest news
Related news