Drilling & Completion

Baron Oil provides update on Chuditch PSC drilling site survey

Feb. 12, 2024

Baron Oil Plc has provided an update on operational activities on the TL-SO-19-16 (Chuditch) production sharing contract offshore Democratic Republic of Timor-Leste.

Offshore staff

LONDON — Baron Oil Plc's wholly owned subsidiary, SundaGas Banda Unipessoal Lda., has entered into contracts to conduct a site survey at the planned drilling location for the Chuditch-2 appraisal well, which is on the TL-SO-19-16 production sharing contract offshore Democratic Republic of Timor-Leste.

Site survey operations are expected to be carried out at the location during February and early March 2024.

The company says the objective of the site survey, which is a requirement, is principally to identify any potential hazards at the proposed well site, ensuring that a drilling rig can be safely located there with minimal environmental impact. The site survey work consists of geophysical studies and physical investigation of the seabed and shallow geological section.

SundaGas says it is maintaining dialogues with other companies active in the region to identify operational synergies for the drilling of the Chuditch-2 appraisal well. These discussions have resulted in the opportunity to acquire the site survey in partnership with a nearby operator. The estimated cost savings that derive from sharing services and vessel mobilization compared to standalone acquisition are significant, the company said.

In addition, the shared operation enables SundaGas to acquire the site survey earlier than originally planned, enabling aspects of well design to be accelerated and the environmental approval submissions to be expedited.

02.12.2024