Atwood Oceanics has amended its contract with Woodside Energy, substituting the dynamically-positioned, ultra deepwater semisubmersible Atwood Condor for the Atwood Osprey for the Greater Enfield Project campaign, offshore Australia.
The contract has been amended effective 2 February 2017. The work scope is expected to commence by first calendar quarter 2018 at an operating rate of US$222,295 per day and for a total of 12 wells. The mobilization fee will be $36.5 million.
Woodside and the Atwood Australian operating subsidiary have also reached a new agreement to utilize the Atwood Osprey for an additional exploration well. Drilling of the exploration well is expected to commence in 2018 at an operating rate of $190,000 per day.
"This agreement ensures that the Atwood Condor remains working into mid-2019, while enhancing the drilling efficiency of the Greater Enfield Project. The additional well on the Atwood Osprey adds to our 2018 revenue backlog and increases our confidence that we can maintain continuous drilling operations on the Osprey in Australia,” Rob Saltiel, president and CEO of Atwood Oceanics, said.
Image of the Atwood Condor, from Atwood Oceanics.
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