Oil and gas explorer Beach Petroleum said that the Ocean Patriot semi-submersible drilling rig is expected to be released for the drilling of the Spikey Beach-1 exploration well offshore Tasmania.
Beach is the operator of the well and will be earning 80% in the Spikey Beach Farmout Blocks through the drilling of the well.
Go deeper with GlobalData
Spikey Beach-1 will target mean recoverable oil of 16 million barrels and a high side of 41 million barrels of recoverable oil in the Upper Eastern View Group.
The well is expected to spud in the week beginning 7 September.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
