Zenith Energy has been awarded a seven-figure contract to provide complete well management services for a UK land well.
Aberdeen-based Zenith, which was established in 2012, has been awarded the contract by London-based Terrain Energy, with planning for the Lincolnshire well due to start immediately.
Zenith will provide well planning services, contracting of the rig, procurement of tangible items and the supervision of drilling and completion operations, with drilling due to commence in the first quarter of 2016.
Managing director Martin Booth, said: “Having successfully delivered our first complete project-managed well in the UK for Europa Oil & Gas, on time, on budget and safely earlier this year, we are delighted to have secured a second well project management contract so quickly.
“Terrain Energy will be our 23rd client since our inception three years ago, with the contract award being a testament to our experienced team of engineers we have assembled over the years.
Director of Terrain Energy, Eric King, said: “This appraisal project is one of several exciting opportunities that Terrain is planning in 2015-16 and we look forward to working with Zenith on this project.”
Zenith Energy currently employs 18 staff.
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