Hibiscus confirms drilling plans for Anasuria side-track well

March 4, 2019
Hibiscus Petroleum Bhd. said its jointly controlled company, Anasuria Operating Co. Ltd., is on schedule to drill Guillemot A GUA-P1 side-track well on the Anasuria cluster in the UK North Sea. Drilling is to start by July.

Hibiscus Petroleum Bhd. said its jointly controlled company, Anasuria Operating Co. Ltd. (AOC), is on schedule to drill Guillemot A GUA-P1 side-track well on the Anasuria cluster in the UK North Sea. Drilling is to start by July.

AOC expects the side-track well could tap into 1.7 million bbl of oil from proved and probable reserves. The GUA-P1 side-track will reenter the GUA-P1 wellbore.

AOC previously signed a rig-sharing agreement with Ping Petroleum UK Ltd. to use the Stena Spey semisubmersible rig. Stena Spey Services Ltd. owns the semi.

The Anasuria cluster includes Teal, Teal South, Guillemot, and Cook fields, which produce to the Anasuria floating production, storage, and offloading vessel.