Onshore / Offshore Drilling

Momentum’s Drilling Division owns and manages both onshore and offshore drilling rigs. We have successfully completed offshore drilling projects in Turkey, India, Bulgaria, the Mediterranean, Bangladesh, and the Arabian Gulf. Onshore, we have completed the highest elevation well in Turkey and multiple delineation drilling projects in Turkey, Bangladesh and the Arabian Gulf.

From well engineering to completion, our Drilling Division provides integrated solutions that enable clients to achieve their operational goals in the most efficient and economic manner. Our Zero Tolerance HSE Policy – integrated into every facet of every project – ensures the continuation of our excellent safety record.

Operational highlights include:

Date Client Project
2011 Ongoing Dragon Oil, Turkmenistan Management of Offshore Jack Up Rig - Caspian Driller (Super M2) for a period of seven years.
2008 Ongoing Absheron Operating Company, Azerbaijan 1000 HP Land Rig "Momentum IV" drilling for ongoing gas/oil production wells, up to 2,600 meters (over 40 wells drilled).
2006-2008 Shirvan Oil Operating Company, Azerbaijan 2000 hp Land Rig “Momentum VI” drilling for oil exploration wells, up to 4,000 meters.
2006-2007 Toreador Turkey LTD. Turkey Black Sea Drilled 9 wells utilizing Jack Up and 2 wells utilizing semi-submersible. And well completion after platform installation.
2005 to 2008 Karasu Operating Company, Azerbaijan 1000 HP land rig "Momentum IV" drilled 75 oil exploration & production wells, up to 4,300 meters.
2004 to 2007 Karasu Operating Company, Azerbaijan 2000 HP land rig "Momentum VI" drilled 6 exploration wells, up to 600 meters.
2004-2005 Cairn Energy • Purchased the jack-up rig OFFSHORE BAHRAM (now EEIV) and sold it to Cairn, along with a $51MM rig refurbishing program. Subsequently mobilized the rig to Bangladesh.
• Helped develop Bangladesh’s first offshore gas field under an 18-month contract with options. Contract included drilling and completing four development wells, re-entry and recompleting the discovery well, and drilling one exploration well.
2003 Ongoing Karasu Operating Company, Azerbaijan 750 HP land rig "Momentum V" drilled more than 54 production, 56 exploration wells.
2001-2002 Hardy Oil and Gas plc, Offshore India Drilled 4 Horizontal displacement wells utilizing drilling ship “Badrinath”.
1996-2004 Tur-Kan, a Canadian public company Drilled a turnkey exploration well in southern Turkey. Although this well is at the highest elevation to date in Turkey, it was drilled under budget and was a record well for that area.
1996 TOTAL SIRRI, Ltd. Awarded a delineation drilling contract for an offshore drilling project in the Persian Gulf. Drilled 5 Offshore wells utilizing Jack Up “Orizont”
1996 (Acquisition) Acquired 100 % of Mobil’s upstream operations in southeast Turkey.
1995-1997 Petrom S. A., the Romanian National Oil Company. Managed three jack-up rigs in successfully drilling more than 100 wells in the Black Sea, Sea of Marmara, Persian Gulf, Bay of Bengal and the Mediterranean.
1995-1997 Turkish Petroleum Company (TPAO) • Drilled a total of nine wells in Turkey’s first-ever offshore field.
• Carried out Engineering, Procurement, Installation and Commissioning (EPIC) for an earthquake-resistant four-legged production platform, complete with topsides and subsea pipeline. This platform has been in production continuously since October 1997, with no down-time and no warranty claims.
• Performed exploration drilling in the Sea of Marmara.
• Currently negotiating to extend the initial EPIC contract to encompass a nine-well platform and facilities.
• Assisting TPAO in obtaining work in the Black Sea area.
1995 NORDAN OIL & GAS Mobilized the jack-up rig ORIZONT from the Mediterranean and managed its refitting in Sharjah, at a cost exceeding $7MM. Successfully mobilized the rig to location and drilled three programmed wells, all on time and under budget.
1993 Govt of Bulgaria Drilled two turnkey wells in the Black Sea offshore Bulgaria. The wells were drilled with one of the Petromar jack-ups, which are MODU Classed by the RNR registry of shipping. Momentum upgraded these rigs to compliance with Black Sea Pollution Convention Standards’ latest draft, and all rigs were approved by the Bulgarian Ministry of Environment for the sensitive Bulgarian resort coastline. Before drilling these wells, Momentum initiated and carried out an environmental study, including contingency planning.
 

Momentum Rig 4

Momentem RIG 4
 
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Momentum Rig 5

Momentem RIG 5
 
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Momentum Rig 15

Momentem RIG 15
 
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Momentum Rig 20

Momentem RIG 20
 
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IADC Certified

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Contact

Momentum Headquarters,
Al Mussalla Towers,
Suite 903,
Khalid Bin Waleed Street,
United Arab Emirates,
PO Box 62424, Dubai.
Phone: +9714-397-4115
Fax: +9714-397-4556
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