Fast Moving Rig Contract Signed
High Arctic and Oil Search agree to mobilise a highly mobile land rig for use in Papua New Guinea to prove the efficacy of a small footprint rig for field optimisation work in areas with or close to existing roads.
High Arctic and Oil Search agree to mobilise a highly mobile land rig for use in Papua New Guinea to prove the efficacy of a small footprint rig for field optimisation work in areas with or close to existing roads.
Having many times achieved one or more years Lost Time Injury (LTI) free, High Arctic goes one step further in its efforts to eliminate all workplace injuries, by achieving one year without any recordable incidents. This subsequently continued through the whole of 2017, ensuring that 2017 represented a whole [...]
Rig 104 successfully finished drilling activity on Muruk 1 and its many exploration sidetracks. The well is hailed a success and the confirmed discovery of a massive new gas field draws international attention to PNG again.
While already providing services to Exxon Mobil in PNG through High Arctic’s Provision of HDPE Mat Systems to the PNG LNG project, High Arctic adds Exxon Mobil as a contracted customer for Drilling Services and Rolling Stock Rental through their acquisition of InterOil.
Antelope 7 drilling commences with Total as Operator. This final key appraisal well in the Antelope field attracts significant attention within PNG and from abroad and coincides with a lengthy period of finalising the recently announced acquisition of InterOil, the Operating Company who discovered Antelope, by the Exxon Mobil Corporation.
As the two companies contemplate various rig ownership structures, the term of the drilling and association support services agreements between Oil Search and High Arctic are extended, ultimately up to July 2018.
With the hand back of Rig 103 from InterOil, High Arctic commenced services under Contract to Repsol (formerly Talisman Niugini) with Drilling commencing in April for two wells in the Western Province.
Following the commencement of Operatorship transition for the PRL 15 Joint Venture, High Arctic drilled the next two Antelope wells (6 & 7) under contract to Total with Rig 115. Total expands to the number of High Arctic’s major HDPE Mat Systems and Rolling Stock customers to six.