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Noble Developer Secures Guyana Well Job

Noble Developer will execute a 50-day ExxonMobil well offshore Guyana after completing scheduled work with Petronas and Shell in the region.
Image credit: Noble

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Noble Developer has secured a one-well assignment with ExxonMobil offshore Guyana, with operations expected to start between late 2026 and early 2027.

The campaign is scheduled to last about 50 days. Noble estimates the contract value at approximately $22 million, including mobilization and demobilization, based on a day rate of $375,000.

The drillship already has a defined workload across the region prior to its Guyana deployment. Its ongoing program with Petronas offshore Suriname is now set to continue through August 2026. This will be followed by a 120-day campaign with Shell in the Americas, extending into December 2026.

After completing the Guyana assignment with ExxonMobil, Noble Developer is scheduled to begin a contract with bp offshore Trinidad in late February 2027.

ExxonMobil currently operates five drillships offshore Guyana. Four of these are Noble units working under a broader commercial framework agreement, with firm terms running until early 2029. The fifth vessel is Stena Carron, which remains under contract with ExxonMobil until the end of the year.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
Ventura Offshore will manage Deep Value Driller and has signed an Indonesia drilling contract with PETRONAS carrying an estimated value of approximately $58 million.
ExxonMobil halted production at the Liza Unity FPSO in Guyana’s Stabroek block after a small fire. Oil and gas operations will restart after required checks are completed.
Stena IceMAX completed a three-well campaign in Egypt, operating between 256 m and 2,810 m water depth while achieving 99.5% uptime and finishing the programme ahead of plan.

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