The Nordic Calista rig 3 will make its way to Alaska, with 88 Energy expecting to start drilling the Winx-1 well in the first quarter of 2019
() has signed a rig contract for the drilling of the Winx Prospect, located on the Western Blocks, North Slope of Alaska.
The Winx-1 well will target the Nanushuk play fairway where 3D seismic studies defined an oil prospect which has a prospective resource of 400mln barrels of oil (MMbbls).
Of that, 144MMbbls will be net to 88E and 126MMbbls net to its partner, (). Great Bear and Otto Energy are the other partners with stakes in the project.
The geological chance of success has been estimated to be in the range of 25-30%.
“The execution of a rig contract is an important milestone for the consortium as plans progress to drill the large Winx prospect in the first quarter of 2019.
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