Pura Vida Energy has informed that the Atwood Achiever Drillship has spud the MZ-1 well and kicked off drilling operations within the Mazagan permit, offshore Morocco.
Drilling is expected to continue for approximately 2 to 3 months. The Atwood Achiever drillship is a dynamically positioned ultradeepwater
drillship capable of operating in water depths of 3,658 metres (12,000 ft) and drilling to depths of 12,200 metres (40,000 ft).
The company said it recognized the sensitivity of results of MZ-1 drilling operations: “At a minimum, we anticipate reporting preliminary results shortly after the well has been drilled and logged through the major target zones in the Cretaceous and then the Jurassic. We anticipate preliminary analysis of the available well data will be completed within a few days after drilling through and logging each zone, at which time preliminary results for each zone are expected to be released to market.”
Pura Vida’s Managing Director, Damon Neaves, said: “We are pleased to have commenced drilling operations on the MZ-1 well. This is a high impact event for Pura Vida, with the potential to be transformational in the event of a discovery. This is our first test of the potential of the Mazagan permit and we look forward to reporting the results in the coming months.”