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Jadestone plans new drilling and workover campaign

16 Jan 2020 2:33 PM | Sonia Harvey (Administrator)

JADESTONE Energy, which operates the Montara, Skua, and Stag oilfields offshore Western Australia in Commonwealth waters, has revealed its new drilling and development plans for the second half of this year.

The company, based in Singapore and listed on the Toronto Stock Exchange and London Stock Exchange, recently applied to the national regulator, the National Offshore Petroleum Safety and Environmental Management Authority, to drill two development wells.

The first well, H6 will be drilled in the AC/L7 production permit on the Montara Field.

A second development well, Skua-12 will be drilled in the adjacent AC/L8 license on the Skua Field.

Jadestone also proposes to conduct workovers of the H3 and Skua-10 wells across the two respective permits.

First spud is expected in the second quarter of this year.

The total drilling and workover activities will likely take 150 days, however this is subject to weather conditions, drillrig availability and operational efficiency.

Drilling of the Montara H6 well is estimated to take 80 days and drilling of SKUA 12 is estimated to take 50 days.

The wells will be drilled from the existing unmanned wellhead platform on the Montara field.

The H3 and Skua 10 workover is estimated to take 20 days each.

Skua field is located approximately 20km from the Montara platform.

Babcock has been contracted to provide helicopter services.

Jadestone is yet to choose a jack-up rig contractor and confirm support vessel subcontractors.

Source: Energy News Bulletin

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