CAMAC signs contract for Oyo drilling

CAMAC Energy Inc., Houston, will use the Transocean Ltd. Sedco Express semisubmersible rig to drill and complete at least two wells in Oyo oil and gas field offshore Nigeria while the first two producing wells are being plugged.

CAMAC Energy Inc., Houston, will use the Transocean Ltd. Sedco Express semisubmersible rig to drill and complete at least two wells in Oyo oil and gas field offshore Nigeria while the first two producing wells are being plugged (OGJ Online, Feb. 19, 2014).

The semi will drill the Oyo-7 and Oyo-8 development wells on OML 120, which lies 75 km offshore. The new contract provides for the drilling of a third well and an option to extend, which CAMAC is considering to accelerate 2015 exploration.

The Northern Offshore Ltd. Energy Searcher drillship is plugging the Oyo-5 well, flow from which began in 2009 at 9,500 b/d and peaked at 16,890 b/d, and the Oyo-6 well, production from which began the same year at 6,300 b/d and peaked at 8,800 b/d.

The wells are completed subsea in 400 m of water and produce into the Armada Perdana floating production, storage, and offloading vessel. The field also has a well each for water and gas injection.

CAMAC and its Allied Energy PLC unit hold 100% of OML 120.

More in Drilling Operations