Aberdeen-based Zenith Energy has won a contract worth a six-figure sum to provide well management services for Europa Oil and Gas.
Zenith will carry out well planning, third party contracting, rig contracting, test planning and operations for Europa’s Holmwood-1 asset in the Weald basin, Surrey.
It is not the first time the two companies have collaborated on a project. Zenith worked with Europa on the drilling and completion of the Klin Lane-1 onshore exploration well last year.
Drilling operations on the Holmwood-1 are slated to start in the first half of 2017.
Zenith Energy managing director Martin Booth said: “Over the past two years, we have developed a strong relationship with Europa, having successfully drilled and completed their Kiln Lane well early last year, which was a first project management job for us.
“Since then, we have built on this relationship and will again utilise our experienced well engineering team, along with our familiarity and knowledge of Europa, to demonstrate our ability to deliver superior performance.”
Europa chief executive Hugh Mackay said: “We have contracted Zenith for a second time to help us achieve the Holmwood well objectives for what is an extremely important well for Europa.
“The Holmwood prospect has potential mean gross de-risked prospective resources of 5.5mmbo and is one of the largest undrilled conventional prospects onshore UK.”
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