Petronas makes oil find in Niger

Jan. 19, 2005
Petronas Carigali Niger Exploration & Production Ltd. has encountered hydrocarbons on Agadem Block 1 in eastern Niger.

By OGJ editors

HOUSTON, Jan. 19 -- Petronas Carigali Niger Exploration & Production Ltd. has encountered hydrocarbons on Agadem Block 1 in eastern Niger.

The Jaouro-1 exploration well—in the Termit basin about 1,000 km east of Niamey, the capital of Niger—was drilled to 2,462 m TD. Production tests resulted in a maximum flow of 2,540 b/d of oil.

The Petronas unit is operator of Agadem Block 1 and holds 50% equity in the project. Its partners in the consortium are two subsidiaries of ExxonMobil Corp.: Esso Exploration & Production Niger Inc. and Esso Deutschland GMBH. Previous discoveries by this consortium on the Agadem permit total 350 million boe (OGJ Online, Aug. 31, 2004).

The group said it would continue to evaluate the hydrocarbon potential of Agadem Block 1. It plans two other wells.