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

BLM announces California oil, gas strategy as CCST issues report

08/29/2014 The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiv...

BHI: US rig count recoups last week’s losses, jumps to 1,914

08/29/2014 The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended ...

VAALCO updates operations offshore Gabon

08/29/2014

VAALCO Energy Inc. provided an update on its operations offshore Gabon.

India’s ONGC to invest in Daman development in Arabian Sea

08/29/2014 India’s Oil & Natural Gas Corp. will invest $864.5 million to enhance natural gas and condensate production from its Tapti Daman block in the A...

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