Friday, July 5, 2013

Otto Energy Updates on Galoc Phase II Development

Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, provided the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development approved in 2012.

Progress

During the period from 0600 hours (AWST) June 26 to 0600 hours (AWST) July 3, 13.375 inch casing was cemented and pressure tested on G-6H. The 17.5 inch hole was drilled to 3,117 feet (950 meters) and 13.375 inch casing was run and cemented on G-5H.

Forward Plan

The forward plan is to run the Blowout Preventer (BOP) with riser and connect to the wellhead on G-6H. Make up 12.25 inch Bottom Hole Assembly (BHA) and run in hole.

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Source: http://www.rigzone.com/news/oil_gas/a/127526/Otto_Energy_Updates_on_Galoc_Phase_II_Development?rss=true

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