SULU, Philippines (July 22, 2008) - Tap Oil has started drilling on the SC41 permit Lumba Lumba-1 exploration well in Sulu Sea, off the Philippines.
Lumba Lumba-1 is being drilled by semisubmersible Transocean Legend to 3,000 metres (9,842 ft) deep in 1,100 metres (3,609 ft) of water. Drilling is expected to take about 20 days to complete. The wildcat will test a large inversion structure with multiple objectives in interpreted channel and fan complexes.
Lumba Lumba is a moderate risk prospect located in the central part of SC 41. It is covered by the 751-square kilometre (290-sq mile) Alpine 3D seismic survey, which was conducted in the third quarter of last year.
Tap owns 50 percent interest as operator of the SC41 permit area. Salamander Energy holds 35 percent interest. A group of Filipino participants holds the remaining 15 percent interest. (Energycurrent.com)
No comments:
Post a Comment