Hess Corp Completes Drilling on Aspy Well Offshore

Laxman Pai
Monday, November 12, 2018

The  exploration and production company Hess Corporation said that Aspy probe did not encounter commercial quantities of hydrocarbons.

Hess Corporation announced in a press statement that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7,400 meters.

"The prospect did not encounter commercial quantities of hydrocarbons and Hess’ share of the well cost through September 30, 2018 will be expensed in the third quarter and reflected in the company’s Quarterly Report on Form 10-Q," it said.

BP Canada as operator and Hess each hold a 50 percent participating interest.

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.

The Aspy D-11 well is part of BP’s Scotian Basin Exploration Project. The well was drilled in Exploration Licence (EL) 2434 in 2777 metres water depth, approx. 330 kms southeast of Halifax, Nova Scotia.

Categories: Offshore Energy Drilling Platform

Related Stories

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Fugro Expands Geotechnical Testing Capabilities in Indonesia

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com