Carnarvon hires Valaris rig for Buffalo-10 drilling
Australia’s Carnarvon Petroleum has contracted the Valaris JU-107 jack-up rig for the Buffalo-10 well drilling offshore Timor-Leste, it said on September 2. The drilling operations are expected to begin once the rig has completed its current operations.
The rig is currently operating in the Timor Sea, around 300 km from the Buffalo location, and is expected to be completing those operations in around 8 to 10 weeks.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
The final well timing will be subject to securing the remaining drilling support services and equipment, and joint venture and regulatory approvals, all of which are well progressed, the company said.
“The Carnarvon team has previous experience with this drilling unit as it drilled the transformational Dorado-1 discovery for Carnarvon in 2018. Carnarvon is looking forward to similar success for the Buffalo-10 well,” CEO, Adrian Cook, said.
The Buffalo oil and gas field is located in the WA-523-P exploration permit offshore Timor-Leste in the Timor Sea. The field was earlier owned by Anglo-Australian multinational BHP, which began production in 1999. It decommissioned the field in 2004. Carnarvon acquired the WA-523-P permit in May 2016.