Hawkeye-1 Well Reaches 8,740 Feet

Junior explorer Red Emperor Resources reported Monday that its Hawkeye-1 well, in the Palawan Basin offshore the Philippines, has been drilled through to 8,740 feet.

Spud at the end of July, the Hawkeye-1 well has seen operations "run smoothly" and with "excellent performance from both the rig and service companies," Red Emperor said. After the installation a 36-inch conductor at 6,253 feet the well was drilled and cased to 8,035 feet. Installation and testing of the blow-out preventer has been completed, along with the 17.5-inch hole to 8,740 feet.

Current operations involve the setting of the casing in preparation of the drill into the primary target resevoir.

Hawkeye contains an estimated 480 million barrels of oil and a 'best estimate' gross prospective resource of 112 million barrels (RMP net 14.3 million barrels).

The well is being drilled by the Maersk Venturer (DW drillship).

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
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)

Most Popular Articles

From the Career Center
Jobs that may interest you
Expertise: Floorhand / Roughneck|Roustabout
Location: Port Fourchon, LA
Store keeper / Warehouse - Zanesville Ohio - 6200
Expertise: Storeman|Supply Chain Management|Warehouse Person
Location: Zanesville, OH
Roustabout Thereafter Job
Expertise: Roustabout
Location: Silverthorne, CO
search for more jobs

Brent Crude Oil : $48.6/BBL 1.12%
Light Crude Oil : $46.34/BBL 1.24%
Natural Gas : $2.9/MMBtu 2.35%
Updated in last 24 hours