LONDON— The ADES-operated jackup ADM-8 has spud the Yakoot exploration well, Neptune Energy’s first as operator in the North West El Amal concession in the southern Gulf of Suez offshore Egypt.
Targeted final depth is about 3,600 m.
After securing the exploration license in February 2019, Neptune acquired 3D seismic data in 2020.
North West El Amal covers a 365-sq-km area 42 km southeast of Ras Gharib and 105 km northwest of Hurghada.
