Otto Energy: SM 71 update - drilling ahead
Published by David Bizley,
Otto Energy Limited has announced that the OCS G-34266 #F-2 well ‘SM 71 F2’) within the South Marsh Island 71 (‘SM 71’) lease in the Gulf Of Mexico shelf reached a depth of 3685 ft MD on 10 December 2017 where 10 3/4 in. casing wasset and cemented in place.
As at 2.00 PM USA Central Time on 17 December 2017 the SM 71 F2 well was drilling ahead at 4895 ft MD in 9 7/8 in. hole. Itis anticipated that the well will be drilled to total depth and evaluated by the end of December.
SM 71 F2 has a planned MD of 8965 ft/2733 m (7555 ft/2303 m TVD) as previously reported to the ASX on 4 December 2017.
Otto holds a 50% working interest (40.625% net revenue interest) in South Marsh Island Block 71 through a wholly owned subsidiary Otto Energy (Louisiana) Inc. The operator, Byron Energy Limited, holds the remaining 50% working interest.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/19122017/otto-energy-sm-71-update--drilling-ahead/
You might also like
Subsea7 extends frame agreement with Aker BP
Subsea7 has announced an extension of its existing frame agreement with Aker BP for four years to the end of 2028.