Petrofac’s Engineering & Production Services (EPS) has signed a well management contract for Phase 1 of Independent Oil and Gas’ (IOG) Core Project located off the UK, according to a press release.
Phase 1 comprises the development and production of the Southwark, Blythe and Elgood fields in the UK Southern North Sea (SNS) through a total of five wells, with gas transported onshore via the Thames Pipeline. Petrofac will support IOG’s development of the Southwark, Blythe and Elgood fields.
The five-well contract scope covers the planning, execution, and closeout phases of the Phase 1 drilling programme. The planning phase includes detailed well design, risk assessment, and management of well-related regulatory requirements.
Nick Shorten, Managing Director for Petrofac Engineering and Production Services West, said, “Through the deployment of our extensive asset and well management expertise, we will work closely with IOG to assure the integrity of the wells and deliver a safe and cost-efficient drilling programme to support the advancement of their development.”