BPC, the Caribbean and Atlantic margin focused oil and gas company, announced that it has received formal notification from Stena Drilling, nominating the Stena IceMAX as the intended drill rig for the upcoming Perseverance #1 drilling campaign.
The well is expected to be spud in December 2020. BPC indicated that the drilling contract begins on December 15th and the well should be spud 3-4 days later once the rig is in position.
Simon Potter, Chief Executive Officer of BPC said "In March 2020, the company (BPC) was within weeks of commencing the drilling of the Perseverance #1 well when compelled to defer operations due to the anticipated impacts of the Covid-19 pandemic. As might be expected when such an advanced well plan is halted so close to final implementation, major elements were already in train or sufficiently well established such that reactivation is a relatively straightforward matter. With the clarity of the anticipated delivery date of the Stena IceMAX into the field this work can now be reactivated against a detailed timetable and progressed. I very much look forward to updating shareholders in the coming months as we get closer to drilling."
The Stena IceMAX is one of the most advanced drillships available anywhere in the world, having first entered into service in 2012. It is the world's first dynamically positioned, dual mast ice-class drillship. The Stena IceMAX is a Harsh Environment DP Class 3 drillship capable of drilling in water depths up to 10, 000ft. The IceMAX has on-board 2 x BOP's, each 18¾" x 15,000psi Cameron "TL" BOP c/w ST Locks, and uses Cameron Load King riser. A Managed Pressure Drilling system is fully integrated into the IceMAX.
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