Texaco, Braspetro, and Famfa Oil ann-ounced that the Ikija-1 well spudded in January on OPL 216 off Nigeria encountered 240 ft of net oil and gas pay in multiple zones. The well was drilled in 6,066 ft water depth to a TD of 17,565 ft and found pay between 11,000 ft and 15,750 ft.
Chevron signed a five-year production sharing contract with the Republic of Equatorial Guinea for offshore Block L. The block covers 4,250 sq km and is on trend with the discoveries on the Triton's La Ceiba Field on Block G. Water depth in block ranges up to 2,000 meters. Chevron holds a 100% interest in the block.
TotalFinaElf notched a discovery on OPL 246 in the Niger Delta offshore Nigeria. The discovery well, AKPO-1, was drilled in 1,375 meters of water and flowed 9,000 b/d of light oil. The company plans further geologic and engineering studies to appraise the discovery.
TotalFinaElf also set a new water depth record for the Congo with the Andromede Marine well which was coincidentally a discovery. The well was drilled in 1,893 meters water depth on the Mer Tres Profonde Sud concession. The well tested at 7,000 b/d of oil.
BP Amoco has drilled its third exploration well and made its third successive discovery on Block 18 offshore Angola. The discovery well Galio-1 was drilled in 1,238 meters water depth and tested 4,770 b/d of oil. Galio follows the Platina and Plutonio discoveries drilled last year and tested 6,500 b/d and 5,700 b/d of oil, respectively.
Mariner Energy announced that its Pluto Field in Mississippi Canyon Blocks 673, 674, 717, and 718 of the Gulf of Mexico is onstream. The field, located in 2,710 ft water depth, is producing via a single flow line to a host platform in South Pass 89, some 29 miles away. This makes Pluto the second longest subsea tieback in the Gulf of Mexico. The field is producing 65 MMcf/d of gas and 10,500 b/d of oil.
The second deck module of the Texaco's Petronius compliant tower has been installed in Viosca Knoll Block 786 in the Gulf of Mexico. Saipem was contracted to lift the 3,850-ton deck module onto the existing tower in 1,754 ft water depth. The structure has a production capacity of 60,000 b/d of oil and 100 MMcf/d of gas and is expected to begin production in October.
Texaco and Agip announced a deepwater oil discovery in Atwater Valley Block 63 of the Gulf of Mexico. The discovery well, Champlain No. 1 was drilled in 4,385 ft water depth to a TD of 23,540 ft, A subsequent sidetrack was also drilled to a depth of 24,989 ft and confirmed the lateral extent of the pay sands. Initial results indicate the presence of high quality reservoir sands with a total net pay of 140 ft.
BP Amoco and Repsol discovered 2 tcf of gas off the southeast coast of Trinidad. The well was drilled in 730 ft water depth and to a TD of 11,680 ft encountering seven zones with hydrocarbons. This is BP Amoco's third major gas find off Trinidad in the past three years.
Phillips completed appraisal drilling on the Peng Lai 19-3 discovery in Block 11/05 of China's Bohai Bay. The company believes recovery from the field will be around 500 million bbl from the field's central crest area. The company has planned a two-phase development for the field. The first phase will begin production in the fourth quarter of 2001 and will use one wellhead platform and an FPSO with daily gross produc-tion rates of 35,000-40,000 b/d. Phase II will begin flow in the first quarter of 2004 and will include multiple wellhead platforms, central processing facilities, and a pipeline or floating storage vessel.
Shell has signed a contract with China National Offshore Oil (CNOOC) to explore Block 15/12 in the Pearl River Mouth Basin of the South China Sea. The block covers an area of 1,895 sq km. Shell will undertake all exploration and appraisal costs and upon successful discovery, CNOOC will take a 51% interest.
BP Amoco will begin drilling the third appraisal well (SDX-3)on the Shah Deniz Field in the Caspian Sea off Azerbaijan this month. The well will be drilled in 50-100 meters water depth to a projected depth of 700 meters. Drilling will take place on the northwest sector of the field.
Gazprom, LUKoil, and YUKOS are planning to form a joint venture to explore for oil and gas in the north Caspian Sea. Under the proposed agreement, the three companies will have equal stakes and have been studying the formation of the venture for about a year.
PGS has achieved first oil on the Kyle Field with the Petrojarl I FPSO under an early production contract with Ranger Oil. The vessel was demobilized from Talisman's Blenheim/ Bladon Field and achieved first oil on Kyle in a record 20 days. The vessel will next return to the shipyard for a required five-year class survey and then be re-deployed in the North Sea.
Conoco has discovered the Kappa Field in blocks 15/29b and 21/4a-North in the UK sector of the North Sea. The discovery well was drilled by the Drillstar semisubmersible to a TD of 7,024 ft into late Palaeocene Forties sandstone. Conoco utilized a new technology to generate seismic images on the prospect before drilling, which they claim reduced drilling costs by 30% on average.
TransCanada has made a gas discovery in the Dutch sector of the North Sea.The K12-13 well tested at about 30 MMcf/d of gas with total reserves estimated to be in the 150-375 bcf range. The company plans to submit a development plan to its partners, Energie Beheer Nederland (40%), EWE Aktiengesellschaft (14.3%), Rosewood Exploration (5.7%), and HPI Netherlands (5%), with production targeted for early 2002.
TPAO of Turkey is in negotiations with two foreign firms to begin exploration efforts in the Black Sea and in the Mediterranean Mersin Bay. TPAO said the company was in negotiation with BP Amoco for exploration in Turkey's central Black Sea region. The company holds two joint licenses with BP Amoco and is in negotiation to begin drilling on one of the licenses. In the meantime, BP Amoco is planning to trade the other license for one in the eastern Black Sea off Georgia where water depths exceed 2,000 meters.
Samedan has successfully appraised the southern extension of the Noa Field offshore Israel in the Mediterranean Sea. The Noa South #1 well was drilled in 2,340 ft water depth and encountered 114 ft of gas bearing sands. This compares to 64 ft of gas sands in the Noa #1 initial discovery well 2.2 miles to the north. The appraisal well confirms recoverable reserves of more than 200 bcf of gas in the Noa area and over 1.3 tcf of gas in the greater Noa/Mari B areas.