Nido Petroleum, partners to re-spud Baragatan-1 well (Scandinavian Oil-Gas Magazine)

Nido Petroleum, partners to re-spud Baragatan-1 well

Published May 23, 2014

Nido Petroleum Limited on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited wishes to advise that the Baragatan-1 well is to be re-spudded.

During the drilling of the 36' top-hole section the well encountered an unexpectedly unstable geological zone which precluded the setting of the 30' conductor pipe at the planned depth of 169.5 metres Measured Depth (137.5 metres TVD sub-sea). The forward plan is to move the rig approximately 100 meters from the current surface location and re-spud the well.

Tags: Nido Petroleum Limited

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Nido Petroleum, partners to re-spud Baragatan-1 well

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