HOUSTON, Feb. 8�CMS Oil & Gas Co., Jackson, Mich., has a discovery at is Estrella-1 off Equatorial Guinea.
The wildcat is in 200 ft of water 22 miles northwest of Bioko Island. Estrella was drilled to 10,324 ft and flowed at a combined rate of 47.3 MMcfd of gas and 6,780 b/d of condensate from two intervals from 6,950-7,200 ft. Flowing tubing bottom hole pressure was 4,802 psi on a 48/64-in. choke. The shut in bottom hole pressure measured at 4,920 psi.
The company is considering drilling appraisal wells for the Estrella find. It is also evaluating the well for early production. One of the platforms on CMS's Alba field platform is 5 miles south of Estrella well.
Alba field is producing 14,000 b/d of condensate and 2,300 b/d of natural gas liquids.
CMS Oil & Gas (E.G.) Ltd. is the operator and holds a 52.38% working interest in the field. Participants include Samedan of North Africa Inc., with 33.75%; Globex International, a subsidiary of GLOBEX Energy Inc., 10.87%; and the government of Equatorial Guinea, 3%.
