Lukoil vague on outcome of Sierra Leone exploratory well

Lukoil Overseas said its first exploratory well offshore Sierra Leone went to a total depth of more than 4,700 m and that the company identified oil-saturated reservoirs and took oil samples from Turonian sands.

Press reports quoted a government source as having said the well encountered “light oil” on the Savannah structure in more than 2,000 m of water on the SL-5-11 block.

“The set objectives were achieved: targeted prospects were penetrated, oil saturated reservoirs were identified; oil samples were taken from the Turonian sands,” Lukoil Overseas said, adding that the company will complete its analysis by yearend.

The current well was the only one required under the block’s 30-year production-sharing agreement, and the company didn’t say whether it foresees further drilling (OGJ Online, Sept. 17, 2013).

Lukoil Overseas is operator of the 4,022 sq km block in the Sierra Leone-Liberia basin with a 49% interest. Oranto Petroleum Ltd. of Nigeria has 30% interest and PanAtlantic Exploration Co., Houston, 21%.

Related Articles

Baker Hughes: US drilling rig count drops to 1,803

03/21/2014 After consecutive weeks of significant gains, the US drilling rig count lost 6 units to 1,803 rigs working during the week ended Mar. 21, Baker Hug...

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Shell lets contracts for Majnoon development

03/18/2014 Shell Iraq Petroleum Development BV has let engineering and procurement services contracts to Foster Wheeler Kentz Energy Services DMCC, Dubai, for...

Ivanhoe halts Tamarack oil sands project citing lack of regulatory ‘clarity’

03/18/2014 Ivanhoe Energy Inc. has suspended activity on its Tamarack oil sands project pending approval for its thermal oil sands application from the govern...

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