Arctic O&G Directory Fall 2020: Nordic-Calista Services, investing in Alaska’s future
Nordic-Calista Services, a drilling and workover company owned by Calista Corp., said July 10 that it is in the process of updating Rig 2, located in Deadhorse.
Due to COVID-19, Nordic-Calista decided to look at ways to invest in Alaska’s future and ready itself for when things would change. The new owners decided to invest capital and upgrade the Rig 2 mast.
Previously the mast on Rig 2 was a double, which means it could only rack two single joints of drill pipe at a given time. The new mast is a larger custom mast, referred to as a triple, capable of racking three drill pipes at a time. In addition, Nordic-Calista is increasing the rig’s mast capacity, from a 300,000 pound mast to a 460,000 pound mast. The mast, currently located in Edmonton, should be installed sometime in September. Once the mast is installed, Nordic-Calista plans to invest in a top drive unit, providing the rig with a higher capacity for rotary drilling, side track drilling, or heavy workover. “The equipment we are adding really increases the capabilities,” said Benjamin Wedin, operations manager Nordic-Calista, “It looks there will be some of that work on the horizon, so we are going to try to position to be ready for it.”
Although Nordic-Calista does not currently have a customer in line to use Rig 2, due to COVID-19, the company was awarded a Paycheck Protection Program loan by the Small Business Administration, this has allowed for Nordic-Calista to keep its crews working to make it all happen. “We thought well, what can we do to get our crews back working,” said Sharon Lechner, president of Nordic-Calista Services, “We decided let’s invest some capital dollars somehow and put people back to work. The real driver was the SBA program because we could spend that money on our workforce and we also get the option of having a much better rig at the end of that period.”
Nordic-Calista Services plans to have Rig 2 up and running by early October.