IOG Announces Update on Southwark Drilling Operations

Source: www.gulfoilandgas.com 1/10/2022, Location: Europe

IOG plc, the Net Zero UK gas and infrastructure operator focused on high return projects, provides a further Southwark drilling update.

Drilling operations have continued at Southwark since the first development well was spudded on 30 December 2021. However, the Noble Hans Deul rig has experienced an increasing challenge with seabed conditions that, if not remediated, would compromise rig stability.

Technical personnel have explored potential options to manage these challenges. However, on Friday 7 January, the rig owner concluded that, as a prudent precautionary measure, temporary re-location of the rig will be required to facilitate seabed remediation and enable safe continuation of Southwark drilling operations. This course of action is now in motion.

As ever, the top priority of IOG and its drilling contractors remains the safety of all personnel, whilst ensuring the safe and timely continuation of the Southwark drilling campaign. Temporary relocation of the rig minimises the safety and integrity risks to personnel and assets. The rig is expected to remain offshore with non-essential crew and equipment demobilised while the issue is rectified. Further updates will be provided once there is more certainty on the length of remediation work."

Andrew Hockey, CEO of IOG, commented:

"This is a frustrating but absolutely necessary step to ensure we can drill and complete the Southwark production wells in a fully safe manner, which is always our foremost priority. Our team is working around the clock with our drilling contractors Noble Corporation and Petrofac to minimise the interruption and resume the Southwark drilling programme at the earliest opportunity."


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