Asset Energy, a subsidiary of Advent Energy, has issued a call for tender for the provision of subsea wellhead equipment, materials, and associated services for the Baleen drilling program in Australia.
The Baleen prospect is situated in the PEP 11 exploration permit prospective for natural gas located in the Offshore Sydney Basin, offshore New South Wales.
Asset Energy holds an 85% interest in PEP 11 and is the operator of the permit, while Bounty Oil & Gas NL holds the remaining 15% interest in the license.
The Australian company is set to commence drilling after relevant approvals have been received.
When the well has reached total depth and has been fully evaluated, it will be plugged and abandoned in line with pre-drill planning as an exploration well, and the wellhead and associated equipment will be removed from the seabed.
Back in 2018, Advent Energy carried out a 2D seismic exploration survey of approximately 200 line kilometers over the Baleen prospect.
The survey was conducted pursuant to an environment plan accepted by the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).