Invictus dolls out several contracts for Mukuyu-2 drilling

Business Online Reporter

AUSTRALIAN investor Invictus Energy Limited has given out several contracts to several leading international oilfield service providers for the drilling of the Mukuyu-2 well.

The awarding of tenders to SLB (previously known as Schlumberger) Geolog International Baker Hughes for various works follows the completion of an extensive tendering process.

In an update on Monday, managing director, Mr Scott Macmillan, said the awarding of multiple well services contracts to international service companies for the Mukuyu2 well marks another significant milestone for the company as it prepares to follow up its highly successful basin opening Mukuyu-1/ST-1 well.

“Invictus has enlisted multiple service providers for the drilling of Mukuyu-2 as it allows us to leverage their unique expertise and experience in different areas to ensure safe and efficient drilling and well operations, while increasing the chances of meeting all key objectives of the well.

 “The aim of the upcoming campaign is to build upon the success of the Mukuyu-1/ST-1 well and confirm a commercial discovery, putting the company on a pathway to development,” he said.

“The planned maintenance programme for the Exalo 202 rig has been completed and we remain on schedule to spud in the third quarter of CY23.

“Mukuyu-1/ST1 has already confirmed the presence of light oil, gas and helium, de-risking drilling in the frontier Cabora Bassa basin and Mukuyu-2 is the next step to unlocking this potentially significant resource.”

The entity said SLB (previously known as Schlumberger) has been awarded the open-hole wireline logging contract, Geolog International has been awarded the mudlogging contract, while Baker Hughes in combination with NOV have been awarded the directional drilling and logging while drilling (LWD) contracts.

The remainder of the services, including cementing, drilling fluids and mud engineering, tubular running, fishing and  abandonment, liner hangers, reservoir technical services and project management have been retained by Baker Hughes.