Government Approves Blue Whale Drilling Plan... Drilling Operations to Start in Mid-December
Mid-December Drillship 'West Capella' Arrives at Busan Port
Two Months of Drilling Operations - Government to Announce Results in First Half of Next Year
The government has approved a detailed drilling plan for the East Sea deep-sea gas field.
In mid-December, the drilling vessel "West Capella" will enter Busan Port to carry out preliminary preparations such as loading equipment and supplies, before commencing drilling operations.
The drilling is expected to take about two months, and the results will be announced in the first half of next year.
On the 27th, the Ministry of Trade, Industry and Energy held the "3rd East Sea Deep-Sea Gas Field Development Strategy Meeting" at the Korea Trade-Investment Promotion Agency in Seoul, attended by related ministries, national research institutes, affiliated academic societies, resource public enterprises, and private companies. It is expected that the East Sea deep-sea gas field contains at least 3.5 billion barrels and up to 14 billion barrels of oil and natural gas across seven promising structures.
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The drilling vessel currently anchored at the Riau Islands in the Strait of Malacca will enter the outer port of Busan New Port in mid-next month. An 80-meter-long supply vessel, which will shuttle between the multipurpose terminal at Busan New Port where equipment and supplies are stored and the outer port where the drilling vessel is located, has already docked.
Supply ship BEN NEVIS (approximately 80m in length) docked at Busan New Port Multipurpose Terminal. Provided by Korea National Oil Corporation
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Once the preliminary preparations are completed, considering weather conditions, the drilling vessel will move to the drilling site and begin the two-month drilling operation. The government plans to officially announce the results of the first phase drilling based on the data secured during the drilling process in the first half of next year.
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