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Springfield secures deepsea rig to spearhead appraisal of Afina well in Ghana

Springfield Northern Well.jpeg Springfield has secured a deepsea rig to lead the appraisal of the Afina-1x well

Mon, 30 Sep 2024 Source: www.ghanaweb.com

Ghanaian oil exploration firm Springfield Exploration & Production (E&P) has contracted the Deepsea Bollsta rig from Northern Ocean Limited (NOL) to lead the appraisal of the Afina-1x well located in the West Cape Three Points Block 2 (WCTP-2), deep offshore Ghana.

In a statement issued by the firm and sighted by GhanaWeb Business on September 30, 2024, it noted that its partnership with GNPC and GNPC Explorco on this appraisal is a strategic initiative that underscores its commitment to advancing Ghana’s oil production by aiming to finalize the unitization of the Afina-Sankofa fields to ultimately bring significant value to the government of Ghana and all stakeholders involved.

The well test with the Deepsea Bollsta rig is set to commence in October 2024, while other blue-chip service companies, both local and international, have been engaged to offer support services related to the upcoming operations.

On July 8, 2024, the International Court of Arbitration ruled that Springfield should do further work to complete the unitization process.

Following that ruling, and to comply with it, Springfield has worked to secure a rig and all other technical requirements to appraise and conduct a well test on the Afina-1x well.

"Springfield is a company that adheres to and respects all judicial decisions, both national and international," it noted.

Chief Executive Officer of Springfield, Kevin Okyere commenting on the development said, "I am hoping that our tenacity and persistence will inspire Ghanaians and the youth across Africa to know that they can all dare to dream and achieve anything they want."

"Together with GNPC and GNPC-Explorco, we are excited to work with Northern Ocean on this historic drilling campaign as the first independent African company to operate in deep water," he added.

The oil company further noted that the success of this campaign will result in it being the first independent African producer in deep water as well.

"Northern Ocean’s impressive track record, efficiency, and expertise make them the ideal choice for Springfield as together, we have managed to plan and execute this drilling campaign in the shortest possible time, which will be unprecedented. We look forward to building a mutually beneficial long-term relationship that brings significant value to all our stakeholders," Springfield said.

Chief Executive Officer of NOL, Arne Jacobsen on his part said, “We are excited to announce this strategic alliance agreement with Springfield, which is an important step in the company’s plan to build a solid order backlog.

"In addition, this alliance creates the foundation for NOL and Springfield to work as partners to deliver first-in-class operation with our tier 1 HE rigs. Springfield is an important operator in Ghana, and we are eager to build a long-term relationship with this esteemed company," he said.

SSD/MA

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Source: www.ghanaweb.com
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