The Calgary, Alberta-based company is using North American-originated horizontal multifrack technology in the play. Loma Montosa at Puesto Morales is one of Madalena’s four key resource plays in Argentina.
Apache Egypt and Khalda Petroleum Co. are drilling for oil and gas in the country’s western desert. The Berenice and Ptah fields are in the Fagur Basin.
Statoil’s Yeti well in the U.S. GoM’s Walker Ridge area delivered good drilling results, Bloomberg said. The company acquired 14 more leases adjacent to Yeti in the recent GoM sale.
The well in the Sergipe-Alagoas Basin reached 2,990 m. The 2012 drillstem test confirmed 41 degree API oil and good reservoir productivity.
On average in Indonesia, Eni produces 17 Mboe/d. Eni currently has three rigs working offshore Libya in Area D, and currently produces about 350 Mboe/d in the country.
Stanleys-1, on the Western Flank, reached total depth on March 5 and had strong oil shows.
Data sampling has been completed.
Data acquisition and sampling have been carried out.
A snag caused the company to halt drilling for more than a week, Bloomberg said.
The well is in the northwest portion of the Libra block in the Santos Basin presalt.