So many nice bits10 Jun 2026 17:43
This is right juicy
The JOAs provide an option to access to a significant number of existing wells and targets, which may be worked over, re-entered or drilled as new wells, based on modern 3D seismic data, which has identified previously unseen seismic anomalies.
In this region, wells were typically 'pattern drilled' in the past without the benefit of modern 3D seismic data, if at all. The new data helps confirm where drilling stopped short of or narrowly missed more prospective horizons and that is where the JOA partners have seen success in adjusting previous attempts with modern day technology and techniques.