Wildcat offshore Japan comes up dry

JX Holdings has found non-commercial hydrocarbons in its first-ever wildcat well offshore northwest Japan.

Offshore staff

TOKYO –JX Holdings has found non-commercial hydrocarbons in its first-ever wildcat well offshore northwest Japan.

The well, 30 km (18.6 mi) southwest of Sado Island in 110 m (361 ft) water depth, was drilled to 1,950 m (6,396 ft).

The well is the first by a venture of JX Nippon Oil & Gas Exploration and Japan Oil, Gas & Metals National Corp. (Jogmec).

Japan Drilling drilled the well at a cost of $34.3 million.

7/25/2013

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