Nido says Baragatan-1 to be re-spudded

Offshore staff

PERTH, Western AustraliaNido Petroleum Ltd. (ASX: NDO), on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Ltd., advises that the Baragatan-1 well is to be re-spudded.

During the drilling of the 36-in. tophole section, the well encountered an unexpectedly unstable zone which precluded setting the 30-in. conductor pipe at the planned depth of 169.5-m (556-ft) measured depth [137.5 m (451 ft) in TVD subsea]. The forward plan is to move the rig 100 m (328 ft) from the current surface location and to re-spud the well.

05/22/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...