Transcoean Inc.'s semisub, Sedco 703, is drilling the well. The location is approximately 21 kilometers northeast of the Northern Endeavour FPSO producing from the Laminaria and Corallina oil fields. Water depth at the location is 425 meters. Planned total depth is approximately 3,550 meters.
Woodside's is operator of the JPDA 03-01 joint venture and holds 40%. The other participants are Inpex Corporation (35%) and Santos (JPDA 03-01) Pty Ltd (25%).
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