MEO gets Aussie extenstion

OE Staff
Tuesday, April 21, 2015

The National Offshore Petroleum Titles Administrator approved MEO Australia and the WA-454-P joint venture’s application to extend the work permit program by six months off Western Australia.

The December 2015 extension is to provide additional time to undertake seismic reprocessing and defer the current well commitment, which will now take place in the sixth year of he exploration permit.  

As a result, the proposed Breakwater-1 exploration well is expected to be drilled prior to the revised permit expiration date of 8 December 2017.

“The variation of the Year 4 work program will allow the undertaking of additional seismic pre-stack depth migration (PSDM) reprocessing with the goal of further de-risking the Breakwater-1 well, which has been deferred until Year 6 ending in December 2017,” MEO’s MD & CEO Peter Stickland said.

Categories: Geoscience Activity Exploration Geophysics Geology Seismic

Related Stories

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

Petrobras Targets Africa as Its Main Exploration Area Outside Brazil

Petrobras Targets Africa as Its Main Exploration Area Outside Brazil

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Current News

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Record Offshore Wind Auction Required for UK to Meet Targets

First French Floating Wind Farm Fully Commissioned

Subscribe for OE Digital E‑News

Offshore Engineer Magazine