Dolphin Drilling secures work with Wellesley Petroleum AS

Dolphin Drilling secures North Sea deal for two firm wells and two optional wells with Wellesley Petroleum AS

Dolphin Drilling secures North Sea deal for two firm wells and two optional wells with Wellesley Petroleum AS

Global contractor Dolphin Drilling has announced that it has secured a two firm well contract plus two optional well with Wellesley Petroleum AS for a programme of drilling work on the Norwegian Continental Shelf (NCS).

The first firm well is scheduled to commence August/September 2020, firm well number two will be drilled in 2021. The two optional wells are also planned for 2021. Wellesley has chosen the rig Borgland Dolphin as their “Rig of Choice” for the NCS.

Bjørnar Iversen, Chief Executive Officer of Dolphin Drilling, said: “I am very glad that Wellesley Petroleum AS is showing responsibility by drilling on the NCS during this difficult time with corona and low oil prices. I hope that oil companies with exploration campaigns or other drilling needs, see through the short-term market fluctuations and use this opportunity to use Borgland Dolphin to get their wells drills in 2020 and 2021”.

Dolphin Drilling is a pioneer in North Sea drilling, celebrating 55 years anniversary this year. The company continues to be one of the leading contractors in the industry and this contract aligns to our strategic intent of building a significant presence in Norway. The operation will be managed out of the new operation centre at Forus in Stavanger.

Callum Smyth, Operations Manager at Wellesley Petroleum AS, said: “When we went to the market for a rig for our 2020 well activities, we put a lot of weighting on selecting a drilling contractor with the right culture. The Dolphin Drilling team were able to demonstrate exactly the kind of culture that we want with a track record of teamwork, ownership and experience with operators like Wellesley Petroleum AS”.