Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, provides an update on its infill drilling programme at the Stag oilfield.
The Ensco 107 jack-up rig arrived on location at the Stag platform on March 15, 2019. Preparations for drilling progressed safely and on schedule, when operations were paused due to severe weather conditions related to tropical cyclone Veronica. In accordance with the asset’s safety case, both the rig and platform were made safe and de-manned, ready to resume operations once conditions improve.
Paul Blakeley, President and CEO commented:
“The safety of our people is paramount in our business and our procedures require us to shut-down operations and de-man the facility during severe storm conditions. Tropical storms are expected in the area in December and through February and we plan for two to three such weather-related events annually, which apply equally to drilling as well as production operations. Though this storm is later than usual, our response in such circumstances is clear.”
Weather conditions are already easing and drilling operations will resume once it is safe for personnel to return offshore. Thereafter, the well will take approximately 34 days to drill, and is expected to be completed using an electric submersible pump and brought on production shortly thereafter. The well is targeting approximately 1.2mmbbls of unswept 2P oil reserves in a higher-pressure area of the Stag oilfield, just west of the platform.
