Ithaca Spuds Stella Appraisal Well in UK North Sea

GSF Galaxy II
(Click to Enlarge)

Ithaca confirmed today that Transocean's GSF Galaxy II heavy duty jackup rig has commenced drilling at the Stella appraisal

Situated on UKCS Block 30/6, the Stella gas field lies in waters measuring 280 feet (85 meters) in the North Sea and is operated by Ithaca, which holds a 50.33% interest; Dyas holds 31.67%; and CMI holds the remaining 18% interest.

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Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
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