Gulf Oil and Gas accountACCOUNT

Rockhopper Exploration Provides Operational Update in Egypt

Source: www.gulfoilandgas.com 7/5/2018, Location: Africa

Share |
Rockhopper Exploration plc (RKH), the oil and gas exploration and production company with key interests in the North Falklands Basin and the Greater Mediterranean region, is pleased to provide the following operational update.

Abu Sennan, Egypt (22% working interest)
Development well Al Jahraa-6 on the Al Jahraa field is expected to spud this week. The primary objective of the well is the producing AR-C reservoir, at the crest of the structure. The well has an additional exploration target in the deeper Bahariya Formation sands which are productive in adjacent licences. This well is expected to take approximately 60 days to drill and will be immediately followed by a second development well in the field (Al Jahraa-10). The water injection programme in Al Jahraa is progressing to schedule and injection is expected to commence in mid-July. The third and final well in the 2018 Abu Sennan drilling campaign is an exploration well targeting Prospect S.

El Qa'a Plain, Egypt (25% working interest)
Exploration commitment well Raya-1X in the El Qa'a Plain concession reached TD on 30 June. At the primary Nukhul Formation objective, wireline logging confirmed the presence of good porosity sands, although no hydrocarbons were encountered. The well has been plugged and abandoned.

Sam Moody, Chief Executive of Rockhopper, commented:
"We are delighted to announce the appointment of Standard Chartered as Pathfinder Bank. This appointment marks another step for the Sea Lion project as we work towards securing the necessary funding to allow project sanction. Standard Chartered is a leader in the field of Energy project financing and has played a significant role in a number of bank and export credit agency led financings in recent years.

"We also welcome the commencement of the Abu Sennan drilling campaign which comprises two development wells (Al Jahraa-6 and Al Jahraa-10), an exploration well at Prospect S as well as the initiation of a water flood programme at Al Jahraa. Whilst the result of the Raya-1X commitment well is disappointing, the targeted play was always considered high risk and the financial exposure to Rockhopper limited to less than $1 million."

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Drilling News in Egypt >>

Russia >>  11/14/2018 - PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The si...
Norway >>  11/12/2018 - Norway's Petroleum Safety Authority has given Aker BP consent to drill exploration well 25/11-29 S in production license PL 916. The well is in the No...

United Kingdom >>  11/12/2018 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, has been advised ...
United States >>  11/9/2018 - Mosman Oil and Gas has announced it plans to continue the rapid development on its US projects by proposing up to five new wells, all located onshore ...

Congo >>  11/8/2018 - Anglo African Oil & Gas plc, an independent oil and gas developer, provides an operational update on well TLP-103C ('TLP-103C' or 'the Well') being dr...
Russia >>  11/8/2018 - AIM-listed PetroNeft Resources, an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

Oil & Gas Projects in Egypt >>

More News

 

Oil & Gas Companies in Egypt >>


Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.