Premier Oil suspends Falklands well on BOP problem

April 24, 2015

LONDON -- Premier Oil’s Isobel Deep exploration well offshore the Falkland Islands has been temporarily suspended, Falkland Oil and Gas Limited (FOGL), a partner in the well, reports.

Following the successful setting of the 13 3/8 in. casing at a depth of 1,273.9 m, a problem was detected with the BOP. The well has been temporarily suspended, and the BOP has been brought to the surface for inspection and repairs, FOGL said.

It is anticipated that the repairs to the BOP will take in the order of 10-14 days. Whilst these repairs are being undertaken, the rig will be utilized to drill the top-hole sections and set the conductor(s) on the Chatham and/or Jayne East Locations.

The rig will return to the Isobel Deep location to continue drilling once the BOP repairs have been completed.

The 14/20-1 'Isobel Deep' well is located on licence PL004a, in which FOGL has a 40% working interest.

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