New rig placed in Nigeria’s Ororo field
Nigeria Contracted for 135 days for an undisclosed amount, the rig will drill the Ororo-2 and Ororo-3 wells starting later in Q4.
Sirius had previously cancelled a contract with China Oilfield Services for the COSL Force rig due to recertification issues.
The Ororo field contains an estimated 35.5 million-44.1 million barrels of oil and 7.84 bcm-11 bcm (277 bcf-390 bcf) of gas in place. Sirius operates the licence with a 40% stake, along with partners Guarantee Petroleum (33%) and Owena Oil & Gas (27%).
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