Oil Search abandons Arakubi-1 hole

OIL Search has been forced to abandon drilling of its Arakubi-1 exploration well in PNG due to increasingly poor hole conditions.

Oil Search abandons Arakubi-1 hole Oil Search abandons Arakubi-1 hole Oil Search abandons Arakubi-1 hole Oil Search abandons Arakubi-1 hole Oil Search abandons Arakubi-1 hole

The oil and gas producer said the poor conditions were encountered through the Darai Formation and the rig would now be skidded and re-spudded from the second cellar.

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