Aban VII (Aban Offshore Ltd.) (Jackup)

Oil discovery in the second exploration well in Oman

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04 February 2014

Masirah Oil Limited (“Masirah”) today announced the successful reach of the well target depth in the second exploration well in Block 50 Oman to its final depth of >3,000 metres into the Cambrian formation. Hydrocarbons were discovered in several formations with good oil sample extracted. The well will undergo data acquisition before setting the completion for testing. The well was drilled using the independent leg cantilever jack-up drilling rig Aban VII. Mr Hans Lidgren, Chairman of Masirah, said, “The discovery of hydrocarbons in 2nd exploration well is a significant step towards the deepening of our knowledge and understanding of the offshore geology in the east of Oman, where no discovery has been made before. The results from this well are vital for the future development of this block. This discovery confirms the high quality and value of the Oman asset. We look forward to a continued fruitful co-operation with the Ministry of Oil and Gas in Oman for many more years to come, and we congratulate our shareholders Hibiscus Petroleum Berhad in Malaysia, responsible for the drilling campaign, PETROCI the National Oil Company of Côte D`Ivoire and Rex International Holding Ltd in Singapore, responsible for the use of Rex Virtual Drilling technology, to a successful venture.”This press release has been approved by Ministry of Oil and Gas of Oman.This press release has been approved by Ministry of Oil and Gas of Oman."

Source: http://rex.listedcompany.com/newsroom/20140204_073216_5WH_0EDA78EB8DCE911D48257C74003A5F7E.1.pdf

More News for Operator: Aban Offshore Ltd.

7 Jan 2014

'Aban VII' spuds second well in Oman drilling program

The ‘Aban VII’ jackup rig managed by Aban Offshore (Aban) has spudded the second well in its current drilling program in Oman. Masirah Oil Limited & Partners (Masirah) today announced that the unit began drilling operations on the GA-South (GAS#1) well on December 30th 2013. The GAS#1 well is the second well in the two well drilling program and has a planned total depth of 2,500m.

23 Dec 2009

Mahogany Deep-2 appraisal well confirms southerly extent of Jubilee field

Tullow Oil plc (Tullow) announces that the Mahogany Deep-2 appraisal well offshore Ghana confirmed the down-dip extent of the main Jubilee reservoirs in the West Cape Three Points Block and intersected two new light oil accumulations. Good quality reservoirs were encountered in the Mahogany Deep section but were water bearing at this location. Mahogany Deep-2, drilled 3 km from Mahogany-3, is the furthest down-dip Jubilee well in the West Cape Three Points licence. Results of drilling, wireline logging and samples of reservoir fluid indicate that the well has encountered good quality hydrocarbon-bearing reservoir sandstones in three zones. An interval of 12 metres net pay has proved an extension of the main Jubilee reservoirs. In addition, a new shallower accumulation, with 2 metres net pay, was encountered and supports exploration prospectivity in undrilled areas to the south and east. In total, the well intersected 53 metres of net reservoir sandstones, 20 metres of which were in the Mahogany Deep section. These were found to be water bearing at this location but are not connected to the Mahogany Deep accumulation at Mahogany-3. Further extensions to the Mahogany Deep accumulation may exist to the south and east of Mahogany-3. A new reservoir was also encountered in a deeper stratigraphic level beneath the Mahogany Deep section and an oil sample was successfully recovered from a 1 metre zone which has not been encountered in any other wells in the West Cape Three Points licence to date. The new accumulations discovered by the well will now be evaluated using the recently reprocessed high resolution 3D seismic data and may be the target of future drilling. Further potential extensions of the Jubilee field and associated prospectivity will be drilled early in 2010. The Aban Abraham dynamically positioned drill-ship drilled Mahogany Deep-2 to the current depth of 4,326 metres in water depths of 1,354 metres. Tullow has a 22.896% interest in the West Cape Three Points licence and its partners are Kosmos Energy (Operator) and a subsidiary of Anadarko Petroleum Corporation, (30.875% each), the E.O. Group (3.5%), Sabre Oil & Gas (1.854%) and the Ghana National Petroleum Corporation (GNPC) (10% carried interest).

21 Apr 2008

PPL Shipyard and Sembawang Shipyard on track to deliver Baker Marine Pacific Class 375 jackup

Sembcorp Marine Ltd is pleased to announce that its subsidiaries, PPL Shipyard Ltd and Sembawang Shipyard Pte Ltd, are on track to deliver a Baker Marine Pacific Class 375 Design jack-up rig to Aban Singapore Pte Ltd, a subsidiary of Aban Offshore Ltd of India The jack-up rig was christened Aban VIII by Mrs Deepa Reji, wife of Mr Reji Abraham, Managing Director of Aban Offshore Ltd, in a naming ceremony held in Sembawang Shipyard on 19 April 2008. The ceremony was attended by key representatives and stakeholders from Aban Offshore, PPL Shipyard and Sembawang Shipyard as well as distinguished guests from the shipping / offshore fraternity.

6 Feb 2009

Keppel FELS delivers fifth Aban jackup drilling rig on time without incidents

Keppel FELS Limited (Keppel FELS) has successfully delivered the jackup drilling rig, Deep Driller 8, to Aban Singapore Pte Ltd (Aban) on time, within budget and without incidents. Deep Driller 8 is the fifth unit to be delivered in a series of five KFELS Super B Class rigs for Aban since 2006. The rig has been completed with a clean safety record. The KFELS Super B Class design is one of the world’s deepest drilling rigs, with capabilities for drilling high pressure, high temperature wells up to 35,000 ft at 350 ft water depth.

31 Aug 2015

Pemex terminates 'Deep Driller 7' contract

Pemex has terminated a contract for the Aban Offshore jackup Deep Driller 7 about four months early, exercising an early termination clause. The unit which is owned by Deep Drilling Invest Pte. Ltd. (“DDI”) was released from its contract with the Mexican operator on the 27th August 2015 according to a statement released on the Oslo Bors.

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