Norway’s offshore safety regulators have given Statoil consent to use the COSLPioneer drilling rig to drill and complete a pair of wells at the Visund oil field on the Norwegian sector of the North Sea. The field lies in 335 meters of water.
Between Visund North and Visund South, total recoverable reserves are estimated at 29 million barrels of oil equivalent (boe) and the total investment for the field development is NOK 3.3 billion, according to Statoil.
COSLPioneer is a Global Maritime-design GM4000 semi-submersible drilling rig with an overall length of 104.5 meters, an overall width of 65 meters and an overall depth of 36.85 meters. It has a design draught of 9.5 – 17.75 meters and is designed to operate in water depths of 70 – 750 meters. It has a racking capacity of 7,500 meters and a variable load capacity of 4,000 metric tons. It can support accommodation for up to 120 cabin crew. It is equipped with DP3 dynamic positioning and anchor mooring positioning systems and an unmanned cabin design.