Statoil’s increased oil recovery effort on Roncador off Brazil is likely to provide a much-needed boost for rig demand in the laggardly deep-water drilling sector, as well as potential work for subsea suppliers, writes Steve Marshall.
The Norwegian player and Petrobras are set to sink new infill wells to tap additional deposits at the giant deep-water field that lies in a water depth of between 1600 and 1800 metres in the Campos basin, as well as use new drilling techniques, according to Statoil’s head of technology, projects and drilling Margareth Ovrum.
