Gulf Oil and Gas accountACCOUNT

SOCO Commences Drilling on Baobab Marine-1 Well

Source: www.gulfoilandgas.com 2/8/2016, Location: Africa

SOCO, an international oil and gas exploration and production company, announces that the Baobab Marine-1 (“BABM-1”) commitment well commenced drilling on 5 February 2016 in the Mer Profonde Sud Block, located in the Lower Congo Basin, offshore the Republic of Congo.

The BABM-1 well, to be drilled on the RR Prospect, is targeting stacked early Miocene channel complexes that are mappable in the seismic data, delineated by stratal discontinuities and variations in seismic amplitudes. Previous exploration drilling targeted different types of prospects, and the BABM-1 well is unique relative to all wells in and near the Block. Two wells on adjacent blocks along trend provide critical support to confirm that this wildcat tests an opportunity consistent with the known habitat of oil in the region. The BABM-1 well targets gross P50 prospective recoverable resource of c.330 million barrels of oil.

The well will be drilled by the deepwater drillship Noble Globetrotter II and is expected to take 25 to 35 days, with a planned depth of approximately 3,400 metres below mean sea level. SOCO, with a 60% interest, is carrying 100% of the expected c.$25-30 million well cost.

For more information about related Opportunities and Key Players visit West Africa Projects

Drilling News in Congo >>

Argentina >>  10/26/2020 - President Energy, the energy company with a diverse portfolio of production and exploration assets, provides an update in relation to the newly drille...
Australia >>  10/26/2020 - Strike Energy Limited provides an update on behalf of the EP469 Joint Venture.

Current O...


Australia >>  10/26/2020 - Empire Energy Group Limited is pleased to provide shareholders with an operational update on its 100% owned and operated Carpentaria-1 exploration wel...
Norway >>  10/26/2020 - The Norwegian Petroleum Directorate has issued a drilling permit to Lundin Energy Norway AS for well 16/4-12, cf. Section 15 of the Resource Managemen...

Norway >>  10/23/2020 - The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 7018/5-1, cf. Section 15 of the Resource Management Regul...
Australia >>  10/22/2020 - Santos has successfully injected approximately 100 tonnes of carbon dioxide deep underground into depleted gas reservoirs as part of the final field t...

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 


Congo Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in Congo >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.