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[hermana3] 21/3/2017 16:27

Steel,Where does this leave Helvick drill for 2017?

[steelwatch] 21/3/2017 16:06

1cag - my last words on the subject: Coordinates don't match PVR licences, much as I would like them to.

[1cagney] 21/3/2017 15:55

No bother Ftj. So which side of the "they're totally resurveying Helvick right now'side of the fence are you on ?

[funtimejonny] 21/3/2017 15:46

Thanks for getting back to me 1cag

[1cagney] 21/3/2017 15:37

Steel if you look at the 'Ireland Petroleum Exploration & Development Concession Map 01/Oct/16' from where I pulled out the 'very approximate' block co-ordinates, the ship was right on the mark. Anyhoo, no doubt an RNS will tell the tale even tho there's no way we can know who 'paid the piper' on this occasion. I will be quick to eat humble pie if necessary.

[billy_buffin] 21/3/2017 14:54

Too far offshore for wind bottom survey? ahem: will rephrase that: 'wind farm, seabed survey'

The proposed 700MW France/Ireland inter-connector cable runs too far to the west of the current Fugro survey. There have been some surveys already for that cable off the coast.

[steelwatch] 21/3/2017 14:50

1cag - would love it to be, but not convinced of any connection. Could just be a new crew workup in relatively sheltered waters prior to returning to Druid, if unfinished that is.

[1cagney] 21/3/2017 14:29

Steel too much of a coincidence. Im prepared to wager a pint ?

[steelwatch] 21/3/2017 14:17

Stena Icemax don't need a tow either.

[steelwatch] 21/3/2017 14:16

FUGRO SEARCHER current position is 51.89622 N / 7.0814 W on Mar 21, 2017 at 14:11 UTC

Helvick well coordinates 51.040 N / 07.20 W

Some way out imo, bwtfdik

[1cagney] 21/3/2017 14:10

hxxp://www.marinetraffic.com/en/ais/home/centerx:-7.1/centery:51.9/zoom:12

[1cagney] 21/3/2017 14:09

I was only joking about the towing of the Icemax, he'd need a slightly larger engine & a very thick rope !!

[jam2day] 21/3/2017 14:07

Don't think a survey vessel will be towing anything not hydrophones

[1cagney] 21/3/2017 14:01

Well Steel, He's sailing right through the Helvick Survey area as we speak, maybe a second peek.

[steelwatch] 21/3/2017 13:53

Using the above coordinates, I've plotted the relevant positions on the map with the vessel at the triangle apex and Dunmore bottom right and Helvick bottom left:

[stockriser] 21/3/2017 13:00

Early hours .....

[1cagney] 21/3/2017 12:52

It's heading due south now... back to Helvick or straight to Grand Canaria to tow up the Stena Icemax ? :)

[zhockey] 21/3/2017 12:49

A lot of ferreting here today :)

[1cagney] 21/3/2017 12:41

Ftj, using rough calculations from the Concession Map, Helvick 51.66 Deg North, 7.35deg West. No question that's it's been surveying.

[cephalosaurus] 21/3/2017 12:37

It wouldn't surprise me if there is activity at Helvick and Dunmore, the licence period was 2 years and we are half way through that.

[cephalosaurus] 21/3/2017 12:36

Marginal Field Development Company (MFDevCo) is pleased to announce that it has entered into a collaboration agreement with COSL Drilling Pan Pacific Limited (‘CDPL’) that will allow it to secure projects more cost-effectively, earlier and with less upfront capital.
CDPL, headquartered in Singapore, operates a fleet of 8 high specification jack-up drilling rigs and is the international branch of China Oilfield Services Limited (‘COSL’), the leading integrated oilfield services provider in the offshore China market with core business segments including geophysical services, drilling services, well services, marine support and transportation services. The collaboration agreement allows MFDevCo to work on a ‘one stop shop’ basis with CPDL, as a Marginal Field Delivery Consortium Partner, to access the entire range of services and increase efficiencies, with CDPL offering beneficial commercial terms that will expedite MFDevCo’s entry into projects and facilitate earlier development.
Specific details of the commercial arrangement will be agreed on a project by project basis, to allow project-specific timelines and conditions to be accounted for; however in general terms CDPL have committed to offering delayed invoice and payment terms to MFDevCo, which in certain circumstances and on terms mutually agreed will have the effect of deferring a significant portion of the cost of the rig until after hydrocarbon production has commenced. In other respects, the arrangement will reflect normal industry terms, but the commitment made by CDPL will allow MFDevCo in turn to make commitments on certain work required to secure access to projects at an earlier stage than would otherwise be possible and having raised significantly less capital prior to commencement.
In return for the commitment they are making, CDPL will have the exclusive first option to provide drilling and other core COSL services on projects that MFDevCo enters into, provided that there is no conflict with existing members of MFDevCo’s Consortium and that acceptable terms structured as outlined above can be agreed. This therefore forms the basis for a long term working relationship with the potential for increasing efficiencies in service provision and working practices going forward.
In addition, MFDevCo and CDPL have agreed to investigate the possibility of additional services (potentially including fabrication) being provided, through CDPL, by sister companies, where such services can be offered on competitive terms and no conflict exists with other members of the Consortium.