Hagar Qim Rig Completes Drilling

Mediterranean Oil & Gas (MOG) reported Wednesday that the rig used to drill an exploration well targeting the Hagar Qim prospect, offshore Malta, completed operations on July 7 and has now moved off location. The well was drilled by the Noble Paul Romano (DW semisub) rig.

MOG previously announced on July 3 that Phoenicia Energy Company, the operator of Offshore Malta Area 4, Block 7, drilled the Hagar Qim-1 well to the Eocene layer but that the well was then plugged and abandoned with no indications of hydrocarbons.

On May 23, MOG received a takeover bid from Rockhopper Exploration – another junior oil firm that currently explores basins around the Falkland Islands in the South Atlantic. Following the completion of the farm-out of its Sea Lion discovery, offshore the Falkland Islands, Rockhopper is keen to develop opportunities in other regions as well as build a balanced portfolio of assets.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


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.

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
Field Maintenance Controls Technician
Expertise: Maintenance Technician|Rig Mechanic
Location: Eighty Four, PA
Maintenance Supervisor - Drilling
Expertise: Maintenance Manager|Rig Mechanic
Location: Eighty Four, PA
Whipstock Welder
Expertise: Rig Welder|Welding|Workshop
Location: Lafayette, LA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours