MND rig set to drill ADX’s GOLD-1 shallow gas exploration well
ADX Energy secured an MND Drilling & Services rig to drill the GOLD-1 shallow gas exploration well in the GOLD Cluster Area of its ADX-AT-II license in Upper Austria. The rig is set to mobilize on 4 January 2027, with drilling expected to take 14 days. Well site construction is scheduled to be finished by the end of November.
GOLD-1 will target the A and C reservoirs in Miocene-age Hall formation sandstones, a basin floor submarine fan, where seismic amplitudes indicate gas. ADX estimates a mean prospective resource of 8.3 bcf for the GOLD prospect. The site lies close to pipeline infrastructure, and a success could support a shared-infrastructure cluster development.
GOLD-1 is the second of ADX’s 2026 Upper Austria shallow gas wells, following Hochfeld-1, which spudded in April with an MND MD-150 rig.
