Australia’s oil & gas exploration and production company Woodside has plugged and abandoned its Jujak-1 exploration well, in Ulleung Basin offshore South Korea.
The deep water well located about 40 km north of the Donghae gas-condensate platform and about 50 km east of the city of Pohang in the East Sea of Korea failed to deliver hydrocarbons.
Jujak-1 well, owned by Woodside (50%, operator) and KNOC (50%), lying in a water depth of 1.800 meters, should have been drilled in late 2011, but the drilling was postponed due to a delay in the availability of a suitable drilling rig.
Had the discovery been made, it would have been developed via an FPSO, with the associated gas piped to the Donghae platform to the south.
Offshore Energy Today Staff, May 28, 2012