Gulf Oil and Gas accountACCOUNT

Bowleven Updates Drilling on IE-3 Appraisal Well

Source: www.gulfoilandgas.com 7/15/2010, Location: Africa

Bowleven, the West Africa focused oil and gas exploration group listed on AIM, is pleased to announce that the IE-3 appraisal well has reached a final depth of 3,048 metres.

The Company has run a suite of wireline logs and has taken samples and pressure data. The information collected indicates that the well has encountered multiple hydrocarbon bearing reservoirs comprising both gas condensate and light oil.

The objective of the IE-3 well was to appraise the extent and communication of the upper Isongo reservoir updip of the previous wells drilled on the IE field and also to target additional deeper Isongo reservoirs.

The early indications from the well are positive. The well result indicates that we have encountered gas condensate in the upper Isongo sand objective in communication with and extending structurally updip of the highest known gas in IE-2z. In addition, logging and sampling of the deeper prognosed secondary objectives have identified further potentially significant multiple stacked reservoirs containing light oil and gas condensate pay.

Further detailed analysis, including test data, is now required to fully evaluate the impact for our reserves base and to reduce the remaining risks around the development of the IE field area. The Company is now preparing to conduct a multiple test programme of up to four drill stem tests. Following testing the intention is to move the rig to the MLHP-5 exploration well location (Sapele-1).

Further announcements will be made on completion of the full test programme.

Kevin Hart, Chief Executive said:
“We are very pleased with results obtained so far from the IE-3 appraisal well. The initial log evaluation is very encouraging as it confirms the upper sands are in pressure communication with IE-2z and highlights the presence of light oil and gas condensate at multiple additional horizons. Further evaluation is required, including testing, but the results to date are promising in the context of the IE field development area and for our Cameroon acreage as a whole.”

Drilling News in Cameroon >>

Azerbaijan >>  7/18/2019 - Zenith Energy, the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has announced that the commencemen...
Azerbaijan >>  7/17/2019 - In the second quarter of 2019, SOCAR produced 1,9 million tons1 of oil and 1,7 billion cubic meters2 of gas on its own and managed to maintain the pro...

Norway >>  7/16/2019 - Oil and gas company Equinor has failed to find hydrocarbons at the wildcat well 16/5-7, near the Johan Sverdrup field in the North Sea, offshore Norwa...
United States >>  7/16/2019 - Surge Energy US Holdings Company (Surge Energy) announced that its wholly owned subsidiary, Moss Creek Resources Holdings, Inc., has successfully comp...

Australia >>  7/15/2019 - Carnarvon Petroleum Limited (“Carnarvon”) (CVN) provides the following progress update in relation to the drilling of the Roc South-1 exploration wel...
Russia >>  7/15/2019 - Global drilling and engineering contractor KCA Deutag KCAD) is delighted to announce that its land drilling operation has won three new contracts in R...

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 


Cameroon Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in Cameroon >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG EH ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.