Page 20: of Offshore Engineer Magazine (Nov/Dec 2014)

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part of the ? eld’s development will acquire operatorship and rig HYSY 935. Total depth is Drilling’s West Alpha semi- plan, a moored, site-speci? c 50% interest from Petronas planned at 1539m. WZ12-10- submersible. ExxonMobil had

FSO will also serve as an Carigali in PM328, offshore 1, the ? rst of two exploration been given an extension by accommodation hub. Malaysia. In the ? rst 18 wells in Beibu Gulf Block the US Treasury Department months of the three-year 22/12, is targeting the T42 and to “wind down” operations

P

Frontier to production sharing contract Weizhou West formations. relating to the Kara Sea well.

drill in Calauit (PSC), Lundin Malaysia CNOOC operates Block 22/12

T

Malaysia’s UMW Offshore will conduct 3D seismic of with a 51% interest.

Apache passes on farm-in

Drilling and Frontier Oil 600sq km in PM328. Lundin

S

Rosneft hails

Corp. signed a US$20 million Malaysia will then have the Apache Northwest elected not

Arctic ? nd agreement for Frontier to drill option of drilling one well to exercise its option to farm- two development wells in the in the remaining 18 months, Russia’s Rosneft and part- in to the AC/P50 and AC/P51

Calauit oil ? eld off northwest or choose to give back its ner ExxonMobil made exploration permits, offshore

Palawan in the Philippines. interest to Petronas, penalty- an oil discovery on the Australia, with operator MEO.

The contract is for a 120-day free. PM328 covers 5600sq Universitetskaya-1 well, in Under an agreement signed period with an option to km northeast of the Lundin- the East-Prinovozemelskiy-1 in June, Apache had until extend for an additional 180 operated PM307. license in the Kara Sea. The 30th September 2014 to elect days. Drilling is scheduled to well was drilled in one and a to acquire a 70% interest in

R

Roc begins take place 1Q 2015. Kristoffer half months, amid a clamor the permits at their renewal,

China campaign

Fellowes, Frontier’s president, over US and EU sanctions scheduled for April 2015. says the company has the ? ex- CNOOC began drilling at the aimed at Russia over its MEO CEO Jürgen Hendrich ibility to use the UMW NAGA WZ12-10-1 exploration well involvement in the Ukrainian said the company remains 7 jackup rig in other areas in the Beibu Gulf Block 22/12, crisis. The discovery, named receptive to other potential within the Philippines, mak- offshore China, said partner Pobeda (“victory” in Russian), farm-in offers. MEO holds ing it an extremely valuable Roc Oil. The well is 4.7km contained 338 billion cu m of 100% interest in AC/P50 and contract to the company. east-northeast from Roc’s gas and more than 100 million AC/P51, offshore northwest existing Beibu 12-8W facili- tonnes of oil, said Rosneft. coast of Australia, in the

Q

Lundin adds ties and is in about 35m water Drilling started 9 August, in Vulcan sub-basin. The per-

Malaysia stake depth. Drilling began on 10 81m water depth, 230km off mits, awarded in 2009, cover •

Norway’s Lundin Petroleum September using the jackup Russia, using North Atlantic 1943.6sq km.

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