Located 18 km south-east of Sapakara South, Krabdagu-1 was drilled at a water depth of 780 m and encountered approximately 90 m of net oil pay in good quality Maastrichtian and Campanian reservoirs.
Crude prices rallied on Friday morning as a result of small outages in America’s largest shale play and ongoing political tensions between Russia and Ukraine
Chariot has contracted the rig to conduct drilling operations at the Anchois gas field offshore Morocco, with operations anticipated to commence in mid-December 2021.
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