Partners re-evaluate Congo Brazzaville targets

SOCO and its partners in the Marine XI block offshore Congo Brazzaville have agreed to drill the Lideka Marine East 1 exploration prospect.

Offshore staff

LONDON – SOCO and its partners in the Marine XI block offshore Congo Brazzaville have agreed to drill the Lideka Marine East 1 exploration prospect.

The well, which should spud before year-end, will test two main targets: the structural closure updip from an oil leg encountered in the Sendji formation in the Lideka Marine 1 well 2 km (1.2 mi) to the west, drilled by a previous concession holder; and the large structural closure in the overlying Tchala Formation.

Unlike the partners previous efforts which focused on subsalt targets, this well is directed at reservoirs above the salt layer.

In block 9-2 in the Nam Con Son basin off southern Vietnam, SOCO is a participant in theCNV field development operated by the Hoan Vu Joint Operating Co. (HVJOC). Here production has been temporarily restricted in order to test the efficiency of alternative production chemicals.

Dedicated test separation and metering facilities for CNV have been installed on the Vietsovpetro-operatedBach Ho central processing platform complex and commissioning is near completion.

The facilities will allow HVJOC to more accurately measure liquid and gas production from the CNV production stream entering the Bach Ho complex, allowing for more precise allocation of CNV oil, gas, and gas liquids production within the Bach Ho production system.

A 20-day production test to validate the new equipment should be conducted later this summer.

8/24/2012

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