Oil and gas company Byron Energy has begun recompletion operations on the F2 well on its Gulf of Mexico South Marsh Island Block 71 (SM 71) project.
Byron, through its wholly-owned subsidiary Byron Energy Inc., is the operator of SM 71, located in the U.S. Gulf of Mexico, and holds a 50% working interest in SM 71. Otto Energy holds the remaining interest in SM 71.
Byron said on Thursday that the necessary permits for the zone change from the B65 Sand to the B55 Sand were approved last week.
Also, a liftboat with personnel and equipment to accomplish the job mobilized out of Fourchon, Louisiana on September 25. The boat has jacked-up to working height, rigged up, and is working on the through tubing plug back to the B55 Sands.
The recompletion work is expected to take up to three weeks to finish and is estimated to cost $1.1 million.
It is worth reminding that Byron Energy began oil and gas production from the SM 71 F Platform back in March 2018.