Uchenna Izundu
International Editor
LONDON, Oct. 8 -- Noble Energy Inc. has tested 31 MMcfd of gas and 330 b/d of condensate from the Miocene reservoir with its well on the PH-77 license off Cameroon. Production results were limited by testing infrastructure, the company said.
The well targeted primary prospect YoYo-1 within the Miocene at 8,425 ft and a secondary target in the deeper Paleogene but did not find commercial hydrocarbons.
Noble said it is confident it can improve condensate yields by installing cooling and processing facilities. It will carry out appraisal work to verify the areal extent of the YoYo-1 discovery.
Charles D. Davidson, Noble Energy's chairman, president, and chief executive, said the company is encouraged by "the presence of hydrocarbons in high-quality reservoirs, as well as the developing gas infrastructure in West Africa."
PH-77 covers 1.125 million acres between the Cameroon coast and its international boundary with Equatorial Guinea. The license area is contiguous with Block O and Block I, off Bioko Island in Equatorial Guinea.
Noble is the operator of the license and holds a 50% stake. Its partners are Cameroon's state oil firm Societe Nationale des Hydrocarbures and Petronas Carigali Overseas Sdn. Bhd.
Contact Uchenna Izundu at [email protected].
