Gulf Oil and Gas accountACCOUNT

Anglo African Oil Provides Operational Update

Source: www.gulfoilandgas.com 11/8/2018, Location: Africa

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 drilled on the Tilapia field in the Republic of the Congo.

The rig has not suffered any mechanical issue, however the Company has insisted that the rig company replace two parts which have been found to be worn and which will be critical in the deeper sections of the Well. As a result of this request drilling has been temporarily suspended pending the replacement parts arriving in Pointe Noire.

This decision was taken to avoid the risk of damage to the target horizons should these parts fail and not as a result of any breakdown.

Contrary to speculation, the drill is proceeding well and results thus far are in accordance with the geological model. No geological or formation problems have been encountered, the Well is intact and there is no damage to the Well. The Company is on zero rate with SMP pending the new parts being installed. Once installed, drilling will commence immediately.

The Company's CEO is scheduled to meet with SMP in Paris on Monday to discuss the rig performance and the financial consequences of this downtime.

David Sefton, Executive Chairman, commented, "The Company will not risk damage to the target horizons, and so has insisted on these replacement parts. The delay is temporary and the issue is entirely related to the rig and the drilling contractor. Up until this point, the geology encountered by TLP 103C has been in line with the pre-drill geological model. There have been no problems encountered with the Well. Operations will recommence as soon as possible."

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

Drilling News in Congo >>

Norway >>  12/12/2018 - Equinor Energy AS, operator of production licence 751, is in the process of completing the drilling of wildcat well 6407/11-1. The well was drilled ab...
Norway >>  12/12/2018 - The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 35/4-2, cf. Section 15 of the Resource Management Re...

Norway >>  12/10/2018 - The Norwegian Petroleum Directorate has granted Equinor a drilling permit for well 36/1-3 in production license PL 885. Well 36/1-3 will be drilled fr...
Argentina >>  12/7/2018 - President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, has p...

Morocco >>  12/7/2018 - Sound Energy, the Moroccan focused upstream gas company, has confirmed that the drilling at TE-10, the second well of a planned three exploration well...
Thailand >>  12/7/2018 - Ophir has provided an update on recent drilling activity in Indonesia and Thailand: Paus Biru Gas Discovery, Sampang PSC, Indonesia ...

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 |

Oil & Gas Projects in Congo >>

More News

Related Links

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