Vintage completes An Nagyah #7 well in Yemen, plans pipeline, processing plant

June 4, 2004
Vintage Petroleum Inc., Tulsa, has completed drilling the An Nagyah #7 appraisal well in Yemen in the S-1 Damis block to continue evaluation of the subsalt Upper Lam formation. Vintage plans seven Yemen wells in 2004 and will design and construct a pipeline and processing facility at An Nagyah by early second quarter 2005.

By OGJ editors

HOUSTON, June 4 -- Vintage Petroleum Inc., Tulsa, has completed drilling the An Nagyah #7 appraisal well in Yemen in the 285,000 acre commercial development area within the S-1 Damis block to continue evaluation of the subsalt Upper Lam formation. Vintage is the operator, with a 75% working interest.

The well was drilled to 4,593 ft TD, and electric log analysis indicates a gross oil-bearing interval of 144 ft. An 89 ft interval in the Upper Lam formation was perforated at 3,366-3,478 ft. Testing is under way.

The rig next will drill the Harmel #2 well to determine the aerial extent of formations encountered in the Harmel #1 discovery well.

Vintage plans seven Yemen wells in 2004 and will spend $17 million this year for design and construction of a pipeline and processing facility at An Nagyah, slated for completion early in second quarter 2005. The processing facility will have a design capacity of 10,000 gross b/d of oil, with the potential to expand.

Oil production, begun in late March from the An Nagyah #4 well, currently is trucked 18 miles to a nearby pipeline for transportation to an export terminal. With the addition of the An Nagyah #5 and # 6 wells, combined gross productive oil capacity from the three wells now exceeds 3,000 b/d.