South Gibson-1 to be Plugged & Abandoned

Tap Oil says that the South Gibson-1 exploration well in the Carnarvon Basin offshore Western Australia will be plugged and abandoned. South Gibson-1 is a deviated well drilled to a Flag Sandstone target approximately 1 kilometer east of the Gibson/South Plato production platform.

Thee well had drilled ahead to the planned total depth. The Flag Sandstone reservoir has been intersected, and is interpreted to contain an oil column of less than 2 meters.

While the South Gibson-1 well has been drilled very efficiently, the volume of oil associated with a 2 meter column is too small to warrant commercial development.

The rig is now scheduled to leave the Harriet Joint Venture to drill Bricklanding-1 in TP/7, where Tap is also a participant.

Harriet Joint Venture participants are Apache Northwest Pty Ltd as operator with 68.5%; Tap with 12.2229% and Kufpec with the remaining 19.2771%.

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
CDL Class A Driver
Expertise: Motorman|Truck / HGV Driver
Location: Midland, TX
 
Rig Mechanic Senior
Expertise: Rig Mechanic|Rig Welder
Location: Beggs, OK
 
Plug and Abandonment Rigger-Offshore
Expertise: Rig Instrument Tech
Location: Houma, LA
 
search for more jobs

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours