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Galilee Energy Locks Rig Contract for Zydeco-1 Well Drilling in July
10:00am on Thursday 1st of January, 1970 AEST
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Energy
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Galilee Energy Locks Rig Contract for Zydeco-1 Well Drilling in July
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Fixed-price contract executed with RFC Drilling for Rig 103
Zydeco-1 well targeting ~10,000 feet depth with up to 8 Bcf gas and 0.5 MMbbl condensate
Drilling scheduled for first week of July 2026
Project positioned in proven Gulf Coast gas-condensate fairway with nearby producing fields
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