Further Aje wells, gas scheme subject to review

Panoro Energy has issued an update on well intervention operations at the deepwater Aje field in the OML 113 license offshore Nigeria.

Offshore staff

OSLO, Norway – Panoro Energy has issued an update on well intervention operations at the deepwater Aje field in the OML 113 license offshore Nigeria.

Field performance has been impacted by theAje-5 well, which requires subsurface intervention to address a mechanical problem.

Operations to repair Aje-5 started last month. A rig was contracted to re-enter the well and remedy the downhole problem via a cement squeeze. If that operation proves unsuccessful, the rig will drill a side track to a higher point on the Aje structure.

The operator and other partners want to use the rig to drill one further well, Aje-6, to the east of Aje-4. However, Panoro does not support this proposal, which is the subject of a legal dispute with the other partners in the joint venture.

Following Aje-6, another optional well, Aje-7, may be drilled to the west of Aje-5.

The Aje gas development project, which involves production and sale of gas and liquids from the 163-MMboe Turonian reservoir, is progressing through concept definition toward a field development plan. Details on the project should be submitted for regulatory approval by mid-year.

Offshore Gabon, Panoro will retain an interest in the Dussafu PSC despite agreeing to sell a 25% stake toBW Energy Gabon, a subsidiary of floating production systems provider BW Offshore.

In the meantime, the partners are looking to move theDussafu project forward with purchase of long lead equipment for the development that will start at the Ruche field. Panoro anticipates first oil at Dussafu in 2018.

03/14/2017

More in Drilling & Completion