The data collected from the drilling has established the well as a successful appraisal of the Mako gas field, offshore Indonesia.
Drilling operations at the TLP-103C-ST well offshore the Republic of the Congo could commence either in 1Q20 or 2Q20, dependent on the rig’s current commitments.
The subsea robotics specialist is set to add to its ranks at its Middle East base due to a rise in demand for its services following a successful first year in the region.
Steve Gordon, Managing Director of Clarksons Research, said that offshore investment and activity levels are increasing in the region, with project Final Investment Decisions totalling US$23 billion reported in the year to date.
The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.
No liquid hydrocarbons were recovered from the initial exploration well, and Hilcorp and Otto have agreed that the low flow rates observed are not sufficient to economically justify the future costs of a fracture stimulation, facility and pipeline connection.
The drilling service provider demonstrated its quality management system met the strict criteria set out by API after being audited in October.
Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing contracts worth in excess of £55 million in the past three months.