Stena Drilling will begin installing equipment needed for 20,000 psi operations on its seventh-gen Stena Evolution drillship starting in 2026, the contractor announced March 26.
The Stena Evolution drillship is capable of operating in water depths up to 12,000 ft and drilling depths up to 40,000 ft.
Stena Drilling, together with Shell and equipment supplier NOV, will start the installation of the 20,000 psi subsea blow-out preventer and other key equipment in 2026. When the new 20,000 psi equipment package is installed, the Stena Evolution will be able to perform completion operations in the Shell-operated Sparta Field in the U.S. Gulf of Mexico.
In May 2023, Shell awarded Stena Drilling a five-year contract for the Stena Evolution, starting operations in the second quarter of 2024.
The Sparta Field taps the Paleogene reservoir, and Shell reached final investment decision on developing the project in mid-December. The project features a 90,000 boe/d production semisubmersible, which is expected to go online in 2028.
Recommended Reading
For Sale, Again: Oily Northern Midland’s HighPeak Energy
2024-03-08 - The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Gibson, SOGDC to Develop Oil, Gas Facilities at Industrial Park in Malaysia
2024-02-14 - Sabah Oil & Gas Development Corp. says its collaboration with Gibson Shipbrokers will unlock energy availability for domestic and international markets.
E&P Highlights: Feb. 16, 2024
2024-02-19 - From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space.
TotalEnergies Acquires Eagle Ford Interest, Ups Texas NatGas Production
2024-04-08 - TotalEnergies’ 20% interest in the Eagle Ford’s Dorado Field will increase its natural gas production in Texas by 50 MMcf/d in 2024.