Finance & Investing
News Services
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy


MEO Grants Eni More Time to Decide on Second Heron Well

change text size

MEO Australia revealed Wednesday that it will allow Eni more time to make a decision on whether to drill a second Heron well or withdraw from the NT/P68 permit in the Timor Sea.

The Italian major has until Mar. 1, 2013 to make its decision.

Under the terms of the NT/P68 farm-in agreement dated May. 17, 2011, Eni originally had 60 days from the completion of the Heron South-1 well to decide on the second well or withdrawal.

Heron South-1 was spudded on Aug. 24, 2012. The well reached a total depth of 14,613 feet (4,454 meters). Two gas bearing intervals of 394 feet (120 meters) and 377 feet (115 meters) were intersected by around 427 (130 meters) of shale and silt. Both production tests flowed gas to surface at rates too low to be measured accurately due to a collapsed borehole and cyclone interruptions.

The jackup - ENSCO 109 - used in the drilling of Heron South-1, was released on Dec. 14, 2012.



Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Most Popular Articles
From the Career Center
Jobs that may interest you
Lean Manufacturing Manager
Expertise: Asset Management|Manufacturing Engineering|Operations Management
Location: Big Spring, TX
Geotechnical Engineer
Expertise: Geotechnical Engineer
Location: Salt Lake City , 
Senior Petrophysical Advisor in Houston
Expertise: Petrophysicist
Location: Houston, TX
search for more jobs