MEO gets Aussie extenstion

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.

Current News

Solstad AHTS Vessels Get Clearance for Work Offshore Brazil

Solstad AHTS Vessels Get Clear

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Aker Solutions, PTAS JV Hooks

Tullow Oil Lines Up Production Extension for Jubilee and TEN fields off Ghana

Tullow Oil Lines Up Production

ExxonMobil-Led Guyana Consortium Reports $10.4B Profit in 2024

ExxonMobil-Led Guyana Consorti

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine