Tunisia: Dragon Oil joins Bargou JV, lateral planned

April 3, 2012
Tunisia’s hydrocarbons consultative committee has approved Dragon Oil PLC to take a farmout on the Bargou permit and become a member of the Bargou joint venture in Tunisia.

Tunisia’s hydrocarbons consultative committee has approved Dragon Oil PLC to take a farmout on the Bargou permit and become a member of the Bargou joint venture in Tunisia.

The joint venture plans to spud the Hammamet West-3 horizontal development well in the fourth quarter of 2012. Interests in the JV are Cooper Energy Ltd. operator with 30%, Dragon Oil 55%, and Jacka Resources Ltd. 15%.

A fracture study for the Hammamet West-3 well is being undertaken to determine the optimum horizontal drilling path for the well. The fracture study will be a key input to the well basis of design, said Cooper Energy.

About the Author

Alan Petzet | Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.