Falkland O&G Spuds Toroa Exploration Well

Drilling has commenced on the Toroa F61/5-1 exploration well, which is expected to reach an estimated targeted depth of 8,858 feet (2,700 meters) by the Ocean Guardian semisub. Drilling should take approximately 35 days to complete. Situated roughly 62 miles (100 kilometers) south of the Falkland Islands in 1,969 feet (600 meters) of water, Toroa is estimated to hold 1.4 billion barrels of unrisked reserves.

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 www.riglogix.com.