A deeper than planned well completed in record time and £10m under budget
Following a refit during a shipyard stay in Las Palmas, the Stena DrillMax sailed to the well location. The ‘X-1’ well was completed just in 20 days. This was six days ahead of AFE and contributed to project cost savings of around £10m.
This was achieved despite having to drill 250m deeper than originally planned. The timescale in which the well was completed is widely believed to be a record for the area and was the first exploration well in ‘Block X’ in Equatorial Guinea.
You can read how we solved the logistics challenges for the well project here.