Woodside Gets License to Explore Morocco's Rabat Ultra Deep Offshore Area
Woodside Pertoleum Ltd. announced Wednesday that it has entered into a contract for an exclusive Reconnaissance License (RL) with the Office National des Hydrocarbures et des Mines, the National Oil Company of the Kingdom of Morocco, to explore a block offshore Morocco.
The block, known as the Rabat Ultra Deep Offshore area, comprises a total of 14,184 square miles (36,737 square kilometers) with depths ranging from 5,577 feet (1,700 meters) to 14,435 feet (4,400 meters).
The block is located just west of the Rabat Deep Offshore I-VI permits, in which Woodside has acquired, subject to Ministerial approval, a 25 percent interest.
Commitments under the RL work program include a 2D seismic survey and studies. The RL duration is for 12 months. The grant of the RL is subject to Ministerial approval.
WHAT DO YOU THINK?
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.
Operates 3 Offshore Rigs
- Chevron Starts LNG Output at Australia's Wheatstone (Oct 09)
- Global LNG: Faltering Supply Prompts Short-Covering Price Rally (Aug 11)
- Woodside Sees Output Growing 15 Pct Over Next Three Years (May 23)