Success through Partnerships
Rig Management has organised and facilitated multiple consortiums on the Norwegian Continental shelf (NCS) since the first consortium was established in 2007. This consortium started its operations in February 2009 when West Alpha spudded for BG at Bream. Since then, five rig consortiums have been established in cooperation with most Operators on the NCS – covering more than 17 rig years and over 90 wells.
The consortiums provide access to both rig capacity and third party services in long term contracts and ensure predictability and continuity for all parties involved. Coordinated well management and joint HSE programs enables focus on effective and safe operation over time.
What is a Rig Consortium?
A rig consortium is an association of two or more oil companies with the objective of participating in a shared activity, by jointly seeking rig capacity from the rig market.
Rig Management facilitates the cooperation between the consortium members throughout the rig contract period.