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Cairn readies for Greenland drilling
Published 28.01.2010 12:54:01 by John Bradbury
Cairn Energy has reaffirmed its commitment to exploration offshore Greenland with plans to drill with two rigs this summer.In an operational update in advance of its results, London-listed Cairn said well site surveys over the West Disko licence area and geophysical surveys over Southern and Eastern Greenland have been obtained and the company says it is ready to start a multi-well drilling programme there this summer with two ultra-modern rigs, around the West Disko licence area.
Cairn has contracted the Stena Forth sixth generation drillship, and the Stena Don, a fifth-generation semi-submersible for the Disko campaign, which involves up to four exploration wells in the previously un-drilled Baffin Bay Basin area off the Disko West region.
Chief executive Sir Bill Gammell, he former Scottish Rugby international, said: “I am delighted that we plan to commence our multi-well exploration campaign in West Greenland during the summer of 2010. I also look forward to continuing our exploration drilling activities across other highly prospective parts of Greenland in subsequent years.”
Final processing of data from 2D seismic surveys undertaken offshore Greenland in 2009 is expected by March this year, and a further 2D survey is due along with further well site surveys this summer.
Cairn is also preparing to extend its licence interests in the far north by pre-qualifying as an operator for a 2010 Bid round in the Baffin Bay area, for which bids are due to be submitted by May this year
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