Lukoil-Vanco to drill off Ghana, Ivory Coast

By OGJ editors
HOUSTON, Oct. 15
-- Groups led by Russia’s OAO Lukoil and Vanco Energy Co., Houston, plan to drill at least five wells in 2011-12 in the Gulf of Guinea off Ghana and Ivory Coast near discoveries off both countries.

State oil company partners Ghana National Petroleum Co. and Petroci will participate in the program, which includes exploratory and appraisal wells.

The drilling contractor Ocean Rig, a subsidiary of Dryships Inc., signed contracts to drill four wells on the Cape Three Points Deep Water block off Ghana, including two exploratory wells on new structures and two appraisal wells on the Dzata structure, where an oil and gas discovery was announced in February.

The Dzata discovery in a Cenomanian-Albian faulted anticlinal trap that opened a new prospective trend in the eastern part of the Tano basin (see map, OGJ, Mar. 15, 2010, p. 34).

Dzata-1 went to a total depth of 4,433 m in 1,878 m of water 45 miles south of Cape Three Points, Ghana, and cut 94 m of gross hydrocarbon column topped at 3,653 m with 25 m of net stacked oil and gas pay. The primary reservoir sandstone at 3,663-90 m contains gas and light oil. Volatile black oil was recovered from a zone at 3,701-09 m.

In Ivory Coast, the drillship is to drill one exploratory well in Block CI-401, where the Orca-1X bis well was completed in May. The contracts provide for one more optional well and an optional further 1-year term.

Drilling is to start off Ghana in April-May 2011 and off Ivory Coast in the first quarter of 2012. Each well is to be drilled in roughly 1,900 m of water by a dynamically positioned, sixth-generation drillship capable of working in as much as 3,000 m of water. The unit is being prepared for flotation at the Samsung shipyard in South Korea.

The CTPDW and CI-401 projects share similar ownership structures whereby Lukoil holds 56.66% and 28.34% belongs to Vanco Ghana Ltd. and Vanco Cote d’Ivoire Ltd., respectively; the state companies each own 15%.

Seismic surveys and drilling of one exploratory well have been performed on each block thus far.

Related Articles

Tullow Oil provides production update on Jubilee, other fields

07/01/2015 Tullow Oil PLC reported that gross production for the Jubilee field offshore Ghana averaged 105,000 b/d in this year’s first half, up from 102,000 ...

OGJ Newsletter

06/29/2015

Security through change

06/29/2015

At the start of this month the US Army published its "Energy Security & Sustainability (ES2) Strategy" report. 

Mubadala starts production at Nong Yao in Gulf of Thailand

06/29/2015 Mubadala Petroleum, Abu Dhabi, started production on June 17 from its Nong Yao oil field in the G11/48 concession of the southern Gulf of Thailand.

Junex provides update on Galt oil property drilling

06/26/2015 Junex Inc., Quebec City, Que., said it is finalizing construction of the surface drilling pad for the Junex Galt No. 5 horizontal well that the com...

Lundin spuds three wells offshore Norway

06/24/2015 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, spudded three wells: its second Alta appraisal well in the Barents Sea, an appr...

WPX Energy adds to acreage in Gallup oil play

06/22/2015 WPX Energy Inc., Tulsa, has added to its San Juan Gallup acreage in New Mexico with the purchase of another 14,300 net acres from an undisclosed se...

YPFB Andina makes oil discovery in Bolivia’s Boqueron field

06/22/2015 YPFB Andina reported an oil discovery in Boqueron field in Bolivia’s Santa Cruz region. The Boqueron 4D well reached a total depth of 3,237 m and h...

Watching Government: Considering energy R&D

06/22/2015 Moving from research to development (R&D) became a recurring question as the US Senate Energy and Natural Resources Committee considered 43 sep...
White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
Available Webcasts


OGJ's Midyear Forecast 2015

When Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST



On Demand

Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST


Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST


Emerson Micro Motion Videos

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