Posted by After concluding the drilling of the Marolo prospect, which had oil and gas shows, drillship Valaris Renaissance has relocated to what likely is the location of a second well, this time over the Ubaia prospect. This drilling license also allows for an extra 3 contingent wells – all with Drill Steam Tests – on the same block.
The block C-M-541 was acquired in the 16th Bid Round, in 2019, and is operated by TotalEnergies with Qatar Energy and Petronas as partners.