Marathon finds gas, condensate off Equatorial Guinea

Dec. 17, 2004
Marathon Oil Corp. subsidiary Marathon E.G. Production Ltd. made a natural gas and condensate discovery on Alba Block Sub Area B off Equatorial Guinea.

By OGJ editors

HOUSTON, Dec. 16 -- Marathon Oil Corp. subsidiary Marathon E.G. Production Ltd. made a natural gas and condensate discovery on Alba Block Sub Area B off Equatorial Guinea.

The Gardenia discovery well, about 11 miles southwest of Alba field in 320 ft of water, proves additional resource potential in the Alba field area, Marathon said.

Drilled to 15,175 ft TMD, the well encountered 150 ft of net gas-condensate pay in the Upper Isongo section. A 60-ft net pay interval was tested at a stabilized rate of 18.6 MMcfd and 1,300 b/d through a 40/64-in. choke.

Infrastructure on site makes prompt field development possible.

"A potential development scenario includes production through the Alba field infrastructure and the future liquefied natural gas facility on Bioko Island," said Philip Behrman, Marathon senior vice-president, worldwide exploration.

Operator Marathon holds a 63% interest in Sub Area B. Noble Energy Inc. subsidiary Samedan of North Africa Inc. owns 34% interest in the block, and Equatorial Guinea national oil firm GEPetrol holds 3% interest.