Offshore staff
NORTH SYDNEY, Australia – The semisubmersible Kan Tan IV will soon come on contract to the Tui joint venture in the Taranaki basin offshore New Zealand.
It will initially drill the Pateke-4H appraisal development well in Tui area license PMP 38158, followed by the Oi exploration well.
According to partnerPanPacific Petroleum (PPP), successful results could lead to tie-ins to the existing Tui facilities early next year, with Oi in particular extending the life of the Tui area oil fields.
Offshore southern Vietnam, PPP is a partner in block 07/03. The semisubOcean General completed the CRD-3X and side track appraisal program in December. Weather delays prevented the rig from relocating to the west of the block to spud the CD-1X exploration well until earlier this month.
Both the CRD-3X wells encountered hydrocarbon-bearing reservoirs, and CRD-3X flowed more than 8,000 b/d from previously untested Miocene sandstones.
Reserves and engineering studies will now follow, and the partners will decide whether to enter the front-end engineering detailed design phase around the end of 3Q, subject to approvals.
CD-1X well will evaluate the hydrocarbon potential of theSilver Sillago prospect, a tilted fault trap targeting Miocene clastic reservoirs similar to those encountered 55 km (34 mi) to the east in the CRD structure.
01/30/2014
