Pacific Drilling’s Nigeria contract extended

Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora.

The Pacific Bora is currently drilling offshore Nigeria.

The contract extension increases the drillship’s backlog by approximately US$439 million, bringing the company’s total contract backlog as of 22 August 2014, to $3.0 billion.

Pacific Bora is capable of operating in water depths of up to 10,000ft and drilling wells 37,500ft deep.

According to Pacific Drilling, the Pacific Bora began operations in Nigeria on Aug. 26, 2011, under a three-year contract with a Chevron subsidiary.  In late 2013, the company signed a commitment for a two-year extension of the contract, conditional upon the client's partner approval.

Star Deep Water operates as a subsidiary for Chevron.

At the beginning of August, Chevron was using Pacific Drilling’s Pacific Santa Ana on the Anchor-1 well, located in the Green Canyon block 807, 131 mi. from Louisiana, which they had to abandon due to mechanical difficulties.

In May 2013, Pacific Drilling’s Pacific Santa Ana drilled to a depth of 31,866ft at the deepwater Coronado well No.1 for Chevron off the coast of Louisiana.

Image of Pacific Bora from Pacific Drilling

Read more:

Venari raises additional US$1.3 billion

Chevron quits Anchor-1 well

 

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