Murphy Oil makes oil find off Congo (Brazzaville)

Murphy Oil Corp. reported an oil discovery at the Turquoise Marine-1 prospect on the Mer Profonde Sud (MPS) block off Congo (Brazzaville).

By OGJ editors
HOUSTON, July 17
-- Murphy Oil Corp. reported an oil discovery at the Turquoise Marine-1 prospect on the Mer Profonde Sud (MPS) block off Congo (Brazzaville).

The Turquoise Marine-1 discovery well, which was drilled to a total measured depth of 12,060 ft in 5,285 ft of water, found more than 136 ft of net oil pay. The well lies 17 miles from Murphy-operated Azurite field.

The discovery marks the second for Murphy on the MPS block, said David M. Wood, president and chief executive officer. The rig now moves to the Diamant Marine-1 prospect, which lies even closer to Azurite field, Wood said.

Murphy will be “looking at appraisal and development options for Turquoise Marine-1 in the coming months and seeking to optimize the existing Azurite field infrastructure,” Wood added.

Murphy is operator with 50% working interest in Turquoise, Marine-1 and MPS block. Partners are PA Resources, 35%, and Societe Nationale des Petroles du Congo, 15%.

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