Amerada Hess unveils drilling program in Equatorial Guinea

Amerada Hess Corp. said it is planning to drill four exploration wells in Equatorial Guinea this year, following the plugging and abandonment of its F-4 dry hole.

By OGJ editors

HOUSTON, Aug. 19 -- Amerada Hess Corp. said it is planning to drill four exploration wells in Equatorial Guinea this year, following the plugging and abandonment of its F-4 dry hole, which lies 13 miles northeast of the company's Ebano field discovery well in the Rio Muni basin. The New York-based company said reservoir sands were present in F-4, but it proved to be water-bearing.

Amerada Hess said that the first of the planned exploration wells would be spudded in the southern portion of Block G before the end of the month. The company also said that drilling would shortly begin on an appraisal well to Elon field.

Most recently Amerada Hess made a new oil discovery, called Abang, which was drilled on Block G and found 170 ft of net pay, 157 ft of oil and 13 ft of gas (OGJ Online, June 19, 2002).

Amerada Hess has an 85% working interest in and is operator of Block G. South Africa's Energy Africa Ltd. holds the remaining interest.

The company plans a phased development plan for its fields in the northern part of Block G—Okume, Oveng, Ebano, Akom, Elon, and Abang.

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