West Saturn to spud Cutthroat project late Q4

  • By Rig Lynx
  • Nov 15, 2021
  • Category : Archives
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The consortium formed by ExxonMobil (50%), Enauta (30%) and Murphy (20%) should drill the first well in the Cutthroat prospect, in the Sergipe-Alagoas Basin, still in 4Q21. Enauta will invest US$ 8 million in this well.

The prospect to be drilled in the SEAL-M-428 block extends to the SEAL-M-351 block, which has the same companies as concessionaires. Drilling will be carried out by Seadrill’s West Saturn rig, which is operating in Titan, in the Campos Basin, where Exxon found evidence of hydrocarbons in the wildcat well.

Enuta forecasts the resumption of activity in the third well in 1Q22 in Atlanta, in the Santos Basin. In August, the company signed a Memorandum of Understanding with Yinson for the direct and exclusive negotiation of FPSO supply contracts for the Definitive System (SD) of the asset. The Atlanta SD bid was launched on the market in March of this year.

The company is also looking for a rig to drill the fourth well of the anticipated production system in that area. The expectation is that the unit will start operating in 2022, the year in which the company estimates investments of US$ 96 million in Atlanta, destined to the subsea and drilling systems for the new SD wells.

Source: PetroleoHoje

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