PERTH, Australia – Empyrean Energy plc has contracted AGR to assist with well planning and engineering on the Jade prospect in block 29/11 offshore China.
The 1,806-sq km (697-sq mi) block 29/11 is in the Pearl River Mouth basin, about 200 km (124 mi) southeast of Hong Kong.
The company’s Well Management & Engineering team will provide offset analysis and detailed well design engineering.
In addition, the project team will use AGR’s iQx software to increase efficiencies in time and cost planning for Empyrean’s first well in China.
As part of the project, the company will evaluate well design options which will progress to a recommended well design using iQx proprietary probabilistic time and cost application, P1. The company will provide Empyrean with quantified risks and increased insights into well planning.