Madagascar steam pilot to start in late '07

By OGJ editors
HOUSTON, Mar. 29 -- Madagascar could be producing its first volumes of oil within the year from a pilot steam injection project to be attempted in Tsimiroro heavy oil field in the northern Morondava basin 160 miles west of Antananarivo.

Madagascar Oil, a private Bermuda company that is opening a headquarters in Houston, has drilled more than 60 wells on the 6,670 sq km Tsimiroro block. Consulting engineers dubbed 611 million bbl of "contingent recoverable resource" out of 1.028 billion bbl of oil in place in the deposit.

Four steam generators and other equipment arrived at Maintirano for transport to Tsimiroro after the rainy season and road repairs. Madagascar Oil closed in late March on an $85 million equity-linked development capital facility in support of its operations.

Related Articles

California offshore oil and gas operator fined for OCS Lands Act violation

10/10/2008 The US Minerals Management Service fined a California offshore oil and gas operator $450,000 on Oct. 7 for violating the Outer Continental Shelf La...

Senate 'Gang of 10,' House working group try to break energy logjam

08/08/2008 Bipartisan groups of US Senate and House members offered new energy proposals as Democratic and Republican leaders continued to trade potshots and ...

Gaz de France plans major expansions to meet demand growth

06/29/2007 With the full opening of the European Union's gas and electricity markets July 1, Gaz de France is increasing investments by as much as €5.7 billio...

DOE technology manager lauds microhole technology

02/09/2005 US DOE Strategic Center for Natural Gas and Oil E&P Technology ManagerRoy Long"The scope of microhole technology is to drive down drilling costs an...

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