Interoil Announces Oil Discovery at C7 Formation

Source: www.gulfoilandgas.com 4/20/2017, Location: South America

The Company is pleased to announce that the Turaco 1 well has tested oil in the upper section of the C7 formation. The Turaco-1 well has been finalized and logs from selected sections of the C7 Formation, tested to measure the petrophysical properties. The well proved oil in the upper section of the C7 Formation (5742 - 5746 ft MD). Tests will continue with slickline, to determine the size of the oil accumulation to evaluate commerciality and further development. The lower section C7 (5915 - 5919 ft MD), produced 100% water.

Mobilisation to Vikingo Well
SLS (the farm in partner for the drilling campaign) is now "rigging down" in Altair to mobilize the equipment to LLA-47 - the Vikingo well. Estimated mobilisation time is 12 days.

Julio Cesar Garzon, VP of Exploration, commented: "We are pleased with the confirmation of oil tested in the upper part of the C7 formation. IOX and SLS are looking forward to the next phase of the drilling campaign with the wells planned in the LLA-47 license."


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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 


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