MG Hulme well

Vol 15, PW 9 (03 Nov 11) News in Brief

Transocean-owned and operated semi-submersible MG Hulme Jr.

has begun her three-well contract with ONGC. PETROWATCH learns MG Hulme reached ONGC’s pre-NELP G-4 block in the KG basin on October 10 to spud a relief well near damaged well G-4-AF, drilled and abandoned by ONGC-owned rig Sagar Vijay in April 2009.

Relief well G-4-6 is being drilled by MG Hulme to 4275 metres TD in water depths of 216 metres. “ONGC believes G-4-6 could take around three months to drill,” says an industry source.

“But it might take longer than expected. I expect it will be completed only by the end of February 2012 or even by March.

” Our source explains rough seas off India’s east coast could pose challenges for drilling work. “Currents are very strong,” we are told.

ONGC hired MG Hulme in August 2011 for the drilling programme at its G-4 deepwater block offshore Vizag at $260,000/day. Besides well G-4-6, ONGC is likely to use the rig to drill two more G-4 wells.