Noble to operate license off Cameroon

By OGJ editors
HOUSTON, July 7 -- Noble Energy Cameroon Ltd. will become operator of the PH-77 license off Cameroon by acquiring ConocoPhillips's 50% participating interest.

The license covers 1.125 million acres between the coast and Cameroon's border with Equatorial Guinea. It is contiguous with Equatorial Guinea Blocks O and I off Bioko Island, for which Nobel Energy is technical operator. Last year the company tested 24 MMcfd of gas and 1,225 b/d of condensate in its O-1 well on a Block O prospect it has designated Belinda (OGJ Online, Oct. 20, 2005).

Noble Energy Chairman Charles Davidson said the Cameroon license area "has a number of prospects that are seismically similar to our Belinda discovery and other prospects soon to be tested on Blocks O and I."

Petronas Carigali Overseas Sdn. Bhd. has a 50% participating interest in the PH-77 license. State-owned Ste. Nat. des Hydrocarbures (SNH) may assume a 50% participating interest upon a commercial discovery.

Related Articles

Electric Power news briefs, June 12

06/12/2001 International Power PLC ... TXU Europe ... El Paso Electric Co. ... Edison International ... Lockheed Martin Corp. ... AES NewEnergy ... Tanir Bavi...

OTC: Independents playing greater role in US gulf

05/09/2002 US independent oil and gas companies have been increasingly active and productive in the US Gulf of Mexico. And access to new areas as well as some...

Noble Energy's pipeline off Israel approved

05/13/2002 The Israeli government has granted Noble Energy Inc. a license to construct a natural gas pipeline from Noble's Mari-B field off Israel to landfall...

East Mediterranean natural gas prospects, projects hit pay dirt

05/20/2002 It has been only 5-6 years that oil and gas companies have sought in earnest for natural gas in the east Mediterranean area to fulfill growing indi...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected