AGR will assist with well planning and engineering.
Empyrean Energy plc (AIM: EME) has awarded independent energy services company AGR a contract to assist with well planning and engineering on the Jade prospect in Block 29/11 offshore China, AGR reported Wednesday.
AGR pointed out in a written statement emailed to Rigzone that it will provide offset analysis and detailed well design engineering for the project in Block 29/11, located in the Pearl River Mouth Basin approximately 124 miles (200 kilometers) southeast of Hong Kong. The contract recipient added that its Perth-based Australian project team will use AGR’s “iQx” probabilistic time and cost application “P1” to evaluate well design options, progressing to a recommended design for what will be Empyrean’s first well in China.
Australia: AGR s experience in Australia and iQx software to assist CODA s ambition of reducing well decommissioning costs by 35 percent energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.