Oil and gas explorer Cove Energy has secured the Belford Dolphin drillship that has arrived to the Tubarao well site, offshore Mozambique, where it expects to drill the Tubarao well for six to eight weeks.
This follows cessation of operations on the Lagosta gas discovery, which has been suspended to allow for future flow testing.
Earlier, the Lagosta well had encountered over 550ft of natural gas pay in Oligocene and Upper Eocene high quality sands.
Cove Energy CEO John Craven said that the company is very pleased with the major success at Lagosta, which found substantial gas pays in the main Oligocene and Upper Eocene objectives.
"The significance of this discovery means that the partnership can now confidently proceed to advance commercialization options, particularly as the operator believes that the three gas discoveries already made, Windjammer, Barquentine and Lagosta, exceed the resource size threshold to support a Liquefied Natural Gas (LNG) development in the company’s 2.6 million acre block, offshore Mozambique," Craven said.