Turnkey - Lump Sum Contracting

Turnkey - Lump Sum Contracting

SolstenXP offers turnkey drilling services for exploration drilling operations in Alaska.

Additional services offered on a lump sum basis include decommissioning, facilities construction, well plug and abandonment and other special projects.

Turnkey – Lump Sum Project Examples

ConocoPhillips Alaska, Inc. - Turnkey Drilling

SolstenXP was contracted to undertake the wintertime drilling of the Warthog #1 offshore exploration well in the Beaufort Sea. This project was performed on a lump sum turnkey basis utilizing the bottom-founded arctic class MODU Concrete Island Drilling System (CIDS) Glomar Beaufort Sea I drilling vessel. The CIDS has since been refitted for permanent installation offshore Sakhalin Island.

For the Warthog #1 project, SolstenXP performed the site clearance work, all State and Federal permitting, drilling engineering, rig site supervision, logistics management and rig move coordination for a 60 mile rig move from the stack site to the well location in Camden Bay.

SolstenXP contracted all necessary service and equipment suppliers to complete the well on time and within budget. The Warthog #1 well remains to this day, the lowest cost well drilled in the Beaufort Sea from an offshore vessel.

Platform Decommissioning

In 2005, SolstenXP well plug and abandoned 21 wells and decommissioned three platforms in the Gulf of Mexico for Palm Energy Partners. The project was conducted on a lump sum turnkey basis and was completed successfully to meet MMS requirements without incident.

That same year, SolstenXP also completed the decommissioning of three wells and a platform for Hunt Oil in the Gulf of Mexico.

Well Plug and Abandonment

SolstenXP has completed over 150 well plug and abandonment projects, most of which have been performed on a lump sum basis.