CNOOC, Oryx have discovery off Congo (Brazzaville)

09/09/2013
CNOOC Ltd. made an oil discovery and spudded a second exploratory well on the Haute Mer A license offshore Congo (Brazzaville), said 20% interest owner Oryx Petroleum Corp., Calgary. The E-1 exploratory well targeting the Elephant (formerly Xiang) prospect is to be tested in early 2014 as part of a multiwell drilling and testing program on the license. Oryx said overall results are consistent with expectations. Reservoir quality, crude quality, and viscosity appear to be better than anticipated while the areal extent of the reservoir appears to be slightly smaller than expected. The Jasper Explorer drillship drilled E-1 to a total depth of 2,497 m in 550 m of water 80 km offshore. E-1 was...
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