OIL and gas service company TEMS International has secured two new contracts for work in the deepwater Gulf of Mexico worth more than £1 million combined.
The Aberdeen-headquartered business, which has offices in Houston and Kuala Lumpur, has been awarded the separate contracts by two Houston-based exploration and production companies.
TEMS International won both contracts in recent months and operations are already underway, with each scheduled to last for a minimum of 12 months.
The independent company will provide its continuous environmental compliance and drilling performance management services on both projects.
These services work to ensure that drilling operations surpass the local environmental regulations of specific drill sites and improve the efficiency of drilling operations to reduce waste and costs and lessen the carbon footprint of the drilling asset.
Bill Walkingshaw, TEMS International managing director, said: “Reducing the cost of drilling while maintaining high safety and environmental standards continues to be at the forefront of oil and gas exploration and production.
“Our track record for assisting clients in exceeding compliance targets, delivering significant savings on drilling costs, reducing drilling days and lessening an asset’s carbon footprint has contributed to securing these two new contracts.
“On numerous other projects we have achieved substantial cost savings for clients during drilling, in some cases as much as £600,000 per well. The scale of savings varies from well to well and can depend on the solids control equipment and drilling fluids in use and the geology of the well being drilled.
In Case You Missed it:
“Our guidance on environmental compliance prior to and during a drilling campaign also offers peace of mind to clients.
“The variance in the oil price is necessitating operators to review all options for improving drilling efficiency, without impacting safety or the environment.”
