Maersk Drilling has landed a 19-monthplugging and abandonment (P&A) contract with TotalEnergies and Petrogas through a rig-sharing agreement.
The deal, worth $43 million excluding bonuses, is expected to begin in Q2/Q3 this year for the Maersk Resolute jack-up, kicking off directly after its current contract with ONE-Dyas.
Maersk Drilling will decommission 11 wells for TotalEnergies and 20 wells with Petrogas, all in the Dutch sector.
The work is expected to last 575 days and include options to add further work, estimated to last 228 days according to the rig operator.
Chief operating officer Morten Kelstrup said: “We’re pleased to secure this long-term commitment for Maersk Resolute to continue operating in the Netherlands.
“By deploying the rig for a combined 31-well campaign we will be able to ensure a consistent focus on efficiency improvements from well to well, while simultaneously operating with the respect for the continued sustainability of the marine environment that is a key component in successful plugging and abandonment operations.”
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