Jadestone contracts Ensco jackup for Stag do

Singapore-headquartered Jadestone Energy has signed a rig contract with offshore driller Ensco for infill drilling on the Stag oilfield, offshore Australia.

Ensco will provide 2006-built jackup rig Ensco 107 for the contract, after completion of its current campaign in Dampier, Western Australia. Jadestone is planning to spud the Stag-49H well in early March 2019 and drilling operations are expected to take around 34 days.

Paul Blakeley, President and CEO of Jadestone Energy, commented: “I am pleased to have signed the rig contract with Ensco to drill Stag-49H, the first infill well at the Stag field since 2013, and an important milestone for the company too.”

The well is targeting around 1.2 mmbbl of incremental oil reserves from the field.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
Back to top button