Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea.
The drilling, using the WilPhoenix semisubmersible drilling rig, will take about 1080 days and is due to start in Q2 2018. The minimum contract value is about at US$126 million, says Awilco.
Alpha is planning to deploy the Petrojarl Varg semisubmersible floating production, storage and offloading (FPSO) unit on the field, with first oil from Cheviot and the Peel field targeted for 2019.