Thursday, November 26, 2020

Bahamas is set to start offshore oil drilling just 150 miles off South Florida

The Stena IceMAX drilling ship is scheduled to arrive in the Bahamas just before Christmas to start work on an exploratory well. Courtesy of Stena Drilling

Adriana Brasileiro
Miami Herald

Florida’s waters may be protected from offshore drilling but the Bahamas plans to start looking for oil in less than a month at an exploratory well just 150 miles off the coast of the Sunshine State.

Bahamas Petroleum Company (BPC) said in a regulatory filing last week that it contracted the UK-registered Stena IceMAX drill ship to begin work on the Perseverance #1 oil well in the southern Bahamas. The ship, currently anchored in Las Palmas in the Canary Islands, is scheduled to arrive in the Bahamas on or around Dec. 15, the company said.

“BPC anticipates that it will take 4-5 days from this start date for the rig to be provisioned, loaded, and then transitioned to the drilling location for spud of the well,” said the filing.  Read more >>