Otto Marine News

 

Byron spuds first SM 71 well

Apr 04, 2016

Byron Energy spudded the South Marsh Island 71 #1 (SM 71 #1) well located in South Marsh Island Block 71 in the Gulf of Mexico, using the Hercules 205 jackup drilling rig this week. Current operations at the SM 71 #1 well are drilling ahead at 671ft measured depth…

Byron abandons GoM well, moves to next

Mar 30, 2016

Byron Energy’s attempt to drill a sidetrack well to SM 6#2 after a drill pipe became stuck has turned out to be unsuccessful in the Gulf of Mexico, with the company abandoning the well and moving on to another. The Hercules 205…

Byron drills GoM appraisal following stuck pipe drill

Mar 21, 2016

Byron Energy has started drilling a sidetrack well to the SM 6#2 well in the Gulf of Mexico, after a drill pipe became stuck with several unsuccessful attempts over a three-day period to free it, according to partner Otto Energy. Map…

Encouraging GoM result for Byron Energy

Mar 08, 2016

Byron Energy's SM-6 #2 well in the South Marsh Island Block 6 in the US Gulf of Mexico has intersected a number of hydrocarbon bearing sands which may result in an increase in reserves estimates for the block, says partner Otto Energy.  Otto…

Byron to spud SM 6 #2 well in GoM

Feb 15, 2016

Byron Energy mobilized the Hercules 205 jackup drilling rig to the SM 6 #2 well location in the Gulf of Mexico last week, and expects to spud the well this week. Hercules 205. Image from Hercules Offshore…

Otto to bail on the Philippines

Jan 28, 2016

Australia-based Otto Energy may leave the Philippines to focus on its North American assets, leaving joint venture partner Red Emperor Resources with an option to takeover more stake in SC 55. Map of SC 55…

Wood Group bags main Statoil deal

Dec 16, 2015

Wood Group has been awarded a main contractor framework agreement worth approximately US$400 million to deliver maintenance and modification services to four Statoil installations on the Norwegian continental shelf (NCS). Wood Group Mustang Norway will provide this support for the Snorre A&B…

Otto, Byron in staged GOM farm-in

Dec 11, 2015

Otto Energy has announced that it has entered into an agreement with Byron Energy for the staged farm-in for participating interests in to up to three lease areas held by Byron in the Louisiana Gulf of Mexico (GOM) area. The transaction…

Hawkeye-1 disappoints

Aug 17, 2015

Otto Energy’s Hawkeye-1 exploration well, offshore Palawan basin in the Philippines, has been drilled to the planned total depth of 2920m. The top reservoir was intersected at 2710m. Hydrocarbons were logged between 2710m and 2737m in reservoir…

Otto spuds Hawkeye-1

Aug 03, 2015

Otto Energy spudded the Hawkeye-1 exploration well offshore Palawan basin in the Philippines on 31 July.  The 36in conductor was run to 1906m and the 26in hole subsequently drilled to 2449m. Current operations are to cement the 20in casing string…

Red Emperor receives farm in approval

Jul 27, 2015

Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of the assignment of the company’s 15% working interest in Block SC55 has been granted…

Otto mobilizes Maersk Venturer

Jul 02, 2015

Otto Energy has mobilized Maersk Drilling’s ultra-deepwater drillship Maersk Venturer for the Hawkeye-1 exploration well, offshore Philippines. The two companies originally signed a letter of intent back in March 2015.  The Australian explorer says mobilization will begin on 31 July…

Red Emperor planning Filipino program

Jun 26, 2015

Red Emperor Resources is raising US$4.4 million (AU$5.76 million) for its upcoming drilling a appraisal program offshore the Philippines.  The Maersk Venturer. From Maersk. The activity will take place in the deepwater Block SC55…

Rapp Marine delivering 150-tonne crane

Mar 31, 2015

Rapp Marine will deliver its largest engineered crane for one of Otto Candies’ vessels. The 150-tonne active heave compensation (AHC) crane will be capable of lifting 150-tonne at 17m, and will be certified by Lloyd’s registry. It will…

Red Emperor farms in SC55

Mar 02, 2015

Otto Energy Philippines Inc. signed a farm-in agreement with Red Emperor Resources NL for a 15% working interest in SC55, offshore the Philippines. The Maersk Venturer. From Otto.   SC55…

Logistics News

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Subscribe for Maritime Logistics Professional E‑News

Brazil and China discuss rail from Peruvian port into Brazil territory
Asian spot LNG prices are rising but Chinese demand is still muted
Sources say that the US and Russia are exploring ways to restore Russian gas to Europe.