Pacfic Rubiales Becomes Technical Operations Manager at Block Z-1 (Peru)

BPZ Energy , an independent oil and gas exploration and production company, today provided an update on offshore Block Z-1 in Peru.

Platform monitoring and control system modifications to facilitate operation of the CX-15 platform before new drilling can begin are being worked on by the Block Z-1 partners. Temporary equipment is tracking platform response to weather and ocean conditions as well as draft, while engineering and installation of the modified onboard monitoring and control system is completed. As a precaution, an anchoring system currently under construction in Peru will be installed to provide redundancy to the spud can, which anchors the platform. These modifications are expected to be completed at the same time that the joint technical team completes its review of the available new Corvina 3D seismic data to update the field’s geological interpretation.

Related: CX-15 Platform Installed at Corvina Field Offshore Peru

The Company said it would provide an additional update on the CX-15 drilling campaign in the next two weeks.

As per the Block Z-1 joint venture agreement, Pacific Rubiales assumed the role of Technical Operations Manager as of April 1, 2013. As a result, BPZ Energy offshore field operations personnel have been transferred to Pacific Rubiales to facilitate the transition and maintain continuity of operations. BPZ remains Operator of the Block Z-1 license contract with a 51% interest, maintaining responsibility for administrative, regulatory, government and community related duties.

Manolo Zúñiga, President and CEO, commented, “I am pleased with the way the technical teams of BPZ and Pacific Rubiales are working together to improve the technical understanding of our joint opportunities. We have also been working diligently to facilitate the transition as our partner assumes the role of Technical Operations Manager. All these efforts are aimed at beginning the CX-15 drilling campaign and further exploiting the potential of Block Z-1.”

Press Release, April 3, 2013

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply