Jadestone hires rig for Skua well re-drill offshore Australia
Jadestone Energy is making preparations for a re-drill of its Skua-11 well offshore northwest Australia, and new company leadership has been appointed.
Montara operations involve the production of oil using platform production wells for the Montara field and subsea wells for the Swift, Skua and Swallow fields.
Jadestone Energy is making preparations for a re-drill of its Skua-11 well offshore northwest Australia, the company said in a Dec. 5 operations update.
Assuming the rig arrives on schedule, the program should start in the first quarter of 2025.
Work to optimize production and uptime at the nearby Montara Venture FPSO has delivered positive results. The platform’s current oil storage capacity of about 375,000 bbl should increase early next year following tank maintenance activity.
Leadership changes
A. Paul Blakeley has elected to step down as executive director, president and CEO of Jadestone Energy. Joanne Williams, currently an independent non-executive director, has been appointed COO.
Dr. Adel Chaouch, currently non-executive chairman, has been named executive chairman. Lastly, Linda Beal, currently an independent non-executive director, has been appointed senior independent non-executive director.
