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Block 29/11, China - NH9 rig to mobilise
Block 29/11, China - NH9 rig to mobilise.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0625H\n Empyrean Energy PLC\n 04 April 2022\n \n \n \n \n This announcement contains inside information\n \n \n \n \n \n Empyrean Energy Plc / Index: AIM / Epic: EME / Sector: Oil & Gas\n \n \n \n \n \n Empyrean Energy plc\n \n \n \n \n \n Block 29/11, China - NH9 rig to mobilise to Jade this week\n \n \n \n \n \n 4 April 2022\n \n \n \n \n \n Empyrean Energy plc (\"Empyrean\" or the \"Company\"), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to provide the following update on preparations to drill the Jade prospect (the \"Jade Prospect\") at its 100% owned Block 29/11 permit, offshore China.\n \n \n \n \n \n HIGHLIGHTS\n \n \n \n \n \n · \n \n Drill Well On Paper (\"DWOP\") meeting for operations related to the upcoming drilling of the Jade prospect conducted on 1 April 2022\n \n \n \n · \n \n COSL has implemented stringent Covid measures for conducting safe operations\n \n \n \n · \n \n COSL has advised that rig mobilisation operations will commence 6 April 2022\n \n \n \n · \n \n Spudding of LH 17-2-1 well over Jade Prospect is expected within days of rig being safely anchored on well site\n \n \n \n \n \n \n \n \n \n Empyrean is the operator of Block 29/11 in China and has 100% working interest during the exploration phase. In the event of a commercial discovery, its partner, China National Offshore Oil Company (\"CNOOC\"), may assume a 51% participating interest in the development and production phase.\n \n \n \n \n \n The China Offshore Services Limited (\"COSL\") drilling team invited Empyrean and CNOOC EnerTech (\"EnerTech\") for a 'Drill Well On Paper\" (\"DWOP\") meeting on 1 April 2022. COSL has prepared a thorough and comprehensive operational plan for the Jade well operations. \n \n \n \n \n \n Key operational points are as follows:\n \n \n 1. Two onshore bases have been setup for helicopter to rig transfers, to provide an alternate and manage any shutdowns due to Covid\n \n \n 2. Drilling mud properties optimisation process has been finalised \n \n \n 3. Well-defined operational team structure has been setup with clear roles and responsibilities between EME, COSL and EnerTech\n \n \n 4. Various drilling services (including drilling fl...