Carla South well finds oil pay off Equatorial Guinea

The Noble Energy Inc.-operated Carla South exploratory well on Block I offshore Equatorial Guinea has encountered oil in good quality sandstones at the target level and shortly is to be sidetracked to an adjacent target, said PA Resources AB, Stockholm.

The Carla South I-7 well went to 3,660 m measured depth, and drill cuttings, wireline log data, and downhole measurements indicate that the deviated well encountered 12 m MD/10 m true vertical depth of net oil pay in good quality sandstones.

Further analysis of the data is required to assess the implications of the well and next steps on this trend, but PA Resources said the well “is a positive start to the 2013 drilling program in Block I, which continues with a planned sidetrack to this well and a further appraisal well and long-term test on the Diega field later in 2013.”

The Carla feature has two lobes. Carla North on Block O is a two-zone discovery underneath Alen gas-condensate field, which is expected to begin producing 37,000 b/d of liquids in the third quarter of 2013. Carla could begin producing in 2016, a Noble Energy presentation indicates. Noble Energy is developing a plan to market the gas from several nearby discoveries.

Noble Energy is operator with a 38% working interest in Block I, in which PA Resources has 5.7%, and 45% in Block O to the north.

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