Cyprus Mail

Noble Energy starts A-2 appraisal drilling in block 12

Noble Energy International has announced that the Ensco 5006 has commenced drilling at the A-2 appraisal well location in block 12.

“It is estimated that drilling the well will take approximately three months to reach a total depth of about 5,600 meters below sea level”,  a Noble press release said, adding that water depth at the well is about 1,700 meters.

The company said: “The drilling results from the A-2 well will help Noble Energy confirm the estimated resource size and provide information required to initiate planning of subsequent stages of development”.

Based on results of the A-1 well drilled in 2011, the estimated resource size for the natural gas discovery in Block 12 is 5 tcf to 8 tcf, with a mean of 7 tcf, it says.

Following completion of drilling, assessment of the data is expected to take 60 to 90 days.

The company is currently conducting a seismic survey in Block 12.

Related Posts

BP profit soars to record $28 bln, dividend increased

Reuters News Service

UK energy support schemes’ cost halved as mild winter tames prices

Reuters News Service

Indian refiners pay traders in dirhams for Russian oil

Reuters News Service

France leads push for EU to boost nuclear-produced hydrogen

Reuters News Service

Oil weakens as market awaits signs of China demand recovery

Reuters News Service

€58.4m subsidy on electricity since September

Jean Christou