By OGJ editors
HOUSTON, June 19 -- A group led by Coparex Netherlands BV started up an oil and gas field off Tunisia that was undeveloped since its discovery in 1974.
Two wells in Isis field began producing in November-December 2001, and a third well began Jan. 27, 2002. A published report said the first two wells flowed a combined 11,500 b/d. No subsequent production figure was available.
Isis is in 230 ft of water and at 90 miles offshore in the Gulf of Gabes is Tunisia's farthest offshore field. The concession's eastern edge is close to Libyan waters. Isis produces 35.5° gravity oil from the Isis sandstone of the Cretaceous Fahdene formation at 2,400 m subsea. Planned gas lift will involve injection of 3 MMscfd at 3,000 psi.
Oil flows to a floating production, storage and offloading vessel with facilities that can handle 30,000 b/d.
Field interests are Coparex and Atlantis Technology Services 40% each and Tunisia's state Entreprises Tunisienne d'Activites Petrolieres 20%.
Samedan Oil Corp. and the former Neste Oy of Finland shot 3D seismic data over Isis and considered developing the field, but Samedan wrote off its investment in late 1994.
