Malaysia's Hibiscus Petroleum is set to spud a sidetrack at the Anasuria Cluster in the UK North Sea after signing a rig sharing agreement with Ping Petroleum for the semi-submersible Stena Spey.
Hibiscus said its jointly-controlled operating company Anasuria Operating Company will take the rig for a minimum of 45 days to drill the GUA-P1 sidetrack well, which will re-enter the existing GUA-P1 well bore.