The discovery could signal another basin opening in East Africa. The Cheptuket-1 well was the first to test oil potential in the Kerio Valley Basin.
The final well integrity testing of the Kiliwani North-1 well (KN-1) offshore Tanzania has ended, recording a high tubing pressure reading compared to other producing wells on Songo Songo Island, Aminex said in a news release.
Eni has performed a production test of Zohr 2X, the first appraisal well of the Zohr discovery offshore Egypt, delivering up to 44 million standard cubic feet of gas per day (MMscf/d), Eni said in a news release.
At the 3-D Seismic Symposium in Denver, executives and geophysicists pointed out the potential of 3-D and ambient seismic data collection as a standard tool for asset or field development activities.
The Horse Hill-1 (HH-1) well has flowed light, sweet crude at an average rate of 168 barrels per day (bbl/d), Solo Oil said in a news release.
Genel estimated that Taq Taq had proven and probable reserves of 356 million barrels (MMbbl) of oil as of Dec. 31, down from the 683 million it had estimated in June 2011.
Eni’s continued exploration success in Egypt comes amid a downturn that has caused some companies to reduce exploration spending.
The latest find boosts Kosmos’ gross resource estimate for the Greater Tortue Complex to 17 trillion cubic feet, adding to the region’s potential.
The Sara-4 development well in Pakistan has been completed in the Sui Upper Limestone formation of Eocene age, flowing gas at an average rate of about 1.6 million cubic feet per day, Jura Energy Corp. said in a news release.
The joint venture partners are discussing an additional appraisal well, and the decision whether to drill it will follow evaluation of Antelope-6 and flow test results from Antelope-5.