Petrofac is IOG’s designated well operator. Drilling, completion and hookup should last about three months.
Under the Blythe gas platform Safety Case, the H1 well was taken offline on Feb. 26 to support a safe rig move and top-hole drilling operations. Twelve or so days of planned outages this month will likely reduce average production from Blythe this month, with a shorter outage also needed on completion of H2 well to allow for safe hookup for production.
IOG CEO Rupert Newall said, "The Blythe H2 well has the potential to significantly enhance our current production levels, reduce water production into the pipeline and minimize associated opex. It also has fast payback potential and will enable us to boost cash flow from mid-2023. This is the first well that has been designed, engineered and planned by our new IOG team working with our key contractors Shelf [Drilling], Petrofac and ODE…
“In parallel, we are progressing our detailed post-A2 technical evaluation of Southwark and other key assets in the portfolio in order to optimize our plans beyond this well."