Otto Energy: SM 71 update - drilling ahead
Published by David Bizley,
Senior Editor
Oilfield Technology,
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/offshore-and-subsea/19122017/otto-energy-sm-71-update--drilling-ahead/
You might also like
Wood Mackenzie: Middle East crisis should prompt UK North Sea policy rethink
The UK government faces renewed pressure to change its policy on the North Sea, amid the crisis in the Middle East, says Wood Mackenzie.