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0.00051567065833956 -0.000229186959261972 -0.00017189021944652 0.00120323153612564 0.00349510112874585 0.00647453159915198 0.00962585228900479 0.0116656162264367
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3D Energi announces update on Essington-1 gas well operations [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The well is located within the VIC/P79 exploration permit, around 55km offshore from Port Campbell. The Essington-1 well has reached 1,736m of measured depth below rotary table (MDRT) and 1,704m of true vertical depth subsea (TVDSS) after nine days of drilling. The current hole size is 12¼in in the intermediate section within the Paaratte Formation. The crew is now preparing to install 9?in casing. The next phase will involve drilling an 8½in hole through the reservoir section to reach the planned total depth of around 2,650m TVDSS. Subject to operational factors, the well is expected to take around 32 days to drill to total depth. 3D Energi stated: “At the time of this announcement, operations are running safely and smoothly, with no reported accidents or incidents.” 3D Energi owns a 20% equity interest in the project, alongside ConocoPhillips Australia with 51% and Korea National Oil Company with the remaining 29%. 3D Energi and ConocoPhillips commenced drilling at th Show less Read more
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