Nido Spuds Ginadara Well

Nido Petroleum has spud the Gindara-1 exploratory well using the Atwood Falcon semisub. The well will be drilled to a total vertical depth below sea level (TVDss) of 11,975 feet (3,650 meters).

The top of the primary Nido limestone reservoir objective is prognosed at 11,227 feet (3,422 meters) MD and the top of the secondary Coron Clastic reservoir at 9,423 feet (2,872 meters) MD. Nido said the well is expected to reach the primary objective Nido limestone reservoir in approximately 16 days.

Gindara is located in Service Contract 54 Block B in the NW Palawan Basin, Philippines. Nido holds a 33% stake and is operator of SC 54B. Partners in the license include Shell (45%) and Kairiki Energy (22%). 

continue reading the full article

SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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