Rockhopper Mobilises Drilling Rig to the Falklands

Source: www.gulfoilandgas.com 2/2/2015, Location: South America

Rockhopper Exploration plc is pleased to announce that the drilling unit Eirik Raude has begun its mobilisation to the North Falkland Basin ("NFB") from West Africa.

The rig is anticipated to be on hire in the NFB in the first week of March when it will commence the 6 well 2015 Falklands drilling campaign. Rockhopper will participate in the drilling of four exploration prospects, Zebedee, Isobel, Jayne East, Chatham, all of which are located in the NFB. The drilling order is still being finalised but the companies are considering a modification to the drilling order that would result in all 4 NFB wells being drilled consecutively before the rig moves to the Southern Basin. The first well is anticipated to be Zebedee (Rockhopper 24% working interest).

After taking account of the various exploration carries, Rockhopper estimates the total net cost of its participation in the four wells to be approximately $25 million and the Pmean total recoverable resource being targeted in the campaign to be over 500mmbbls (160mmbbls net to Rockhopper).


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Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


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