Apache Reschedules Drilling at Phoenix South-1 Well in Permit WA-435-P

Australia's oil and gas exploration and production company Carnarvon Petroleum Limited (Carnarvon) reported Thursday that it has been advised by Apache, the Operator of the WA-435-P permit in Western Australia, that the spud date for the Phoenix South-1 well is likely to be in the second quarter of calendar year 2014.

Apache has advised the reason for the change in spud date is due to Apache’s operational timetable incorporating their other projects.

Managing Director and Chief Executive Officer, Adrian Cook said,

“While we understand that this timing might be disappointing for some shareholders, the moving of the spud date to later in the first half of this year significantly reduces the risk of cyclone activity affecting the drilling of the Phoenix South-1 well, which then will reduce the likelihood of exceeding the recently increased well cap.”

WHAT DO YOU THINK?

Click on the button below to add a comment.
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.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Drill Bit Repair Technician - Houston, TX
Expertise: Rig Mechanic
Location: Houston, TX
 
Roustabout (Advanced Firefighting Required)
Expertise: Roustabout
Location: Houma, LA
 
Rig Moving Class A Truck Driver
Expertise: Rig Mover|Truck / HGV Driver
Location: Midland
 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours