Dragon prepares for 3D seismic campaign offshore Egypt

Dragon Oil has invited bids from contractors to acquire 3D seismic over a 100-sq km (38.6-sq mi) area in block 19 East Zeit Bay in the Gulf of Suez offshore Egypt.

Oct 20th, 2014

Offshore staff

DUBAI, UAEDragon Oil has invited bids from contractors to acquire 3D seismic over a 100-sq km (38.6-sq mi) area in block 19 East Zeit Bay in the Gulf of Suez offshore Egypt.

In parallel, the company is evaluating tenders both to reprocess the block’s existing 2D data and to process the new data to be acquired. Dragon is also working with the Egyptian authorities on permits and approvals. It is committed to drill two wells under the initial exploration period.

Offshore Tunisia, the company and partners Cooper Energy and Jacka Resources are seeking a rig to drill side track-2 of theHammamet West-3 well during 2015. The estimated cost of the side track is around $35 million.

In theTurkmen sector of the Caspian Sea, Dragon awarded a contract early this year for construction and installation of the wellhead and production platform Dzheitune (Lam) E and associated pipelines. Design and detailed engineering continues. The platform is expected to be ready in the first half of 2016.

The Dzheitune (Lam) F platform (former Dzhygalybeg (Zhdanov) B platform) is being installed offshore in the central part of theDzheitune (Lam) field.

Dragon has invited tenders to install another 30-in. subsea trunkline from the Dzheitune (Lam) field to the Central Processing Facility. Construction is expected to take two years following contract award.

Structural strengthening continues at various platforms serving the Dzheitune (Lam) field, with new slots being added or planned to allow further drilling from these facilities. Work is in progress on the Dzheitune (Lam) C, 10, 28, A, and B platforms.

10/20/2014

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