Gulf Oil and Gas accountACCOUNT

Mart Resources Commences Drilling Activities at the Qua Ibo Field, Onshore Nigeria

Source: www.gulfoilandgas.com 9/10/2008, Location: Africa

Mart Resources and its partner Network Exploration and Production Nigeria Limited (Operator of the Qua Ibo Field) announced the spudding of the Qua Ibo-3 well, located in the Qua Ibo Field, onshore Nigeria.

The Qua Ibo-3 well is being drilled as a deviated well to an anticipated total depth of approximately 9,900 feet (approximately 7,400 feet vertical depth). The well has been designed to appraise the D5 oil reservoir at a sub-surface location between the existing Qua Ibo-1 and Qua Ibo-2 wells, both of which encountered oil in this reservoir. Drilling is anticipated to be completed around the end of October, and testing will commence upon successful drilling.

“We are extremely pleased to announce this significant milestone at the Qua Ibo field. This high potential field is located just 1.5 km from ExxonMobil’s Qua Iboe oil export terminal, which will facilitate near-term production if the well is successful,” noted David Parker, President of Mart.

The Qua Ibo field was discovered in 1960 by Shell-BP, who acquired 2D seismic over the field and drilled two wells but did not put the field into production. The field was awarded to Network in February 2003 under the Nigerian government’s Marginal Field Allocation Program. Network is an indigenous Nigerian company run by oil industry professionals with over 30 years of diversified experience in the oil industry.

The Qua Ibo-3 well is being drilled by NRG Rig-201, a 1,500 HP land drilling rig owned and operated by NRG Drilling, a wholly-owned subsidiary of Mart.

Drilling News in Nigeria >>

Israel >>  1/16/2019 - Energean Oil and Gas plc (ENOG) intends to announce its preliminary results for the year to 31 December 2018 on Thursday 21 March 2019. In advance of...
Peru >>  1/15/2019 - Frontera Energy Corporation (FEC) (Frontera) announces an operational update. All values in this news release and the Company's financial disclosures ...

Trinidad and Tobago >>  1/15/2019 - Touchstone Exploration Inc. (“Touchstone”) (TXP) announces an operational update. ...
United States >>  1/14/2019 - LLOG Exploration Company, L.L.C. (LLOG), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (...

Ghana >>  1/10/2019 - Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announces that it is about to complete a successful drilling ope...
Nigeria >>  1/10/2019 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is delighted to announ...

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 


Nigeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |

Oil & Gas Projects in Nigeria >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG 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.