BassGas JV Secures Rig for Yolla Field Drilling Program

Origin Energy, the operator of the BassGas Joint Venture, said that Seadrill Australia has been contracted to provide the drilling rig for the project’s upcoming work program in Bass Strait’s Yolla gas field.

The West Telesto drilling rig is expected to be mobilised during the 2014/15 Australian summer to drill the Yolla-5 and Yolla-6 wells as part of the Yolla Mid Life Enhancement project’s second stage.

The West Telesto is a three-leg jack-up rig that will cantilever over the Yolla platform during the drilling campaign. The drilling of Yolla-5 and Yolla-6, along with the installation of associated flow lines and other works, will support the maintenance of gas production from the Yolla field.

BassGas Joint Venture:

– Origin Energy Limited (Operator) : 42.50%;

– AWE Limited (through subsidiaries): 46.25%;

– Toyota Tsusho Gas E&P Trefoil Pty Ltd: 11.25%.

Press Release, April 1, 2014; Image: Seadrill

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