Dateline 2017-05-25, AOG:
Octanex says the NAGA 2 self-elevating mobile offshore drilling unit is ready for mobilization to the Ophir oil field offshore Malaysia.
The jackup started demobilizing from its previous drilling location and will shortly start its tow to the Ophir field where it is expected to arrive on 27 May 2017 for a three-well drilling campaign.
The three planned horizontal production wells target stacked oil reservoirs in a four-way dip closed structure previously discovered and tested by the discovery well, Ophir-1 and four additional appraisal wells, defined with 3D seismic data acquired in 2011, and supported by productive wells located in adjacent fields.
The Ophir oil field, off Peninsular Malaysia at some 70m water depth, is being developed via three production wells, a well head platform (WHP) and floating production storage and offload (FPSO) vessel.
The field is being developed under a risk service contract (RSC) granted in 2014 to OPSB, a joint venture company in which Octanex has a 50% interest.