Page 19 - AfrOil Week 03 2021

AfrOil NEWS IN BRIEF AfrOil

UPSTREAM model and significantly enhances the prospec- has been contained within the cargo tank, with
tivity of a number of other mapped prospects all personnel accounted for.
Apex International Energy and leads across our 2,534 square km.” ing (FPSO) unit is operated by BW Offshore for
The floating production, storage and off-load-
The third well of the current drilling cam-
discovers oil in Egypt’s paign, SEMZ-3X, is scheduled to commence CNR International. Both companies are co-op-
later this month. Apex plans to drill the 3X to erating with local authorities in addressing the
Western Desert a depth of 5,700 feet (1,740 metres) in search of situation.
oil in the Bahariya formation. The SEMZ-3X
“This is a tragic day for the families of the men
Apex International Energy, which is backed in location is 5 km east of Zarif field, which also we have lost, and our hearts go out to them,” said
part by UK energy investment firm Blue Water produces from the Bahariya. Marco Beenen, the CEO of BW Offshore.
Energy, has announced a new oil discovery in Apex holds a 100% working interest in the BW Offshore, January 14 2021
Southeast Meleiha Concession (SEM), located SEM exploration concession, encompassing
in the Western Desert of Egypt. 2,534 square km. The company acquired the
The discovery was achieved at the SEMZ- concession interest through the 2016 exploration TECHNOLOGY
11X well located 10 km west of Zarif field, the bid round of the Egyptian General Petroleum
nearest producing field. The well was drilled to Corporation (EGPC) and signed the concession Belltree wins national
a total depth of 5,700 feet (1,740 metres) and agreement on August 29, 2017.
encountered 65 feet (19.81 metres) of oil pay in Tom Maher, Apex’s President and COO benchmarking analysis
the Cretaceous sandstones of the Bahariya and based in Cairo, commented: “We look forward
Abu Roash G formations. Testing of the Bahariya to working together with our partners at EGPC contract from ANPG
resulted in a peak rate of 2,100 barrels per day to further explore and develop the considera-
(bpd) of oil with no water. Additional uphole pay ble potential of our concession and to expedi- Belltree, the energy consultancy and provider
exists in the Bahariya and Abu Roash G forma- tiously bring online production from this first of industry-leading benchmarking software
tions that can be added to the production stream discovery.” bMark™, has been awarded a significant con-
in the future. Apex International Energy, January 18 2021 tract to assist the Angolan Petroleum Regulator
The SEMZ-11X was Apex’s second explora- (ANPG) in its drive to optimise reserves and
tion well in an ongoing three-well programme production from mature fields. This contract
following the acquisition and processing of SERVICES builds on Belltree’s extensive experience in high-
1,342 square km of 3D seismic data in 2019- lighting asset potential via data-driven, national
2020. The first well, the SEMZ-1X drilled last BW Offshore: Incident benchmarking projects for sovereign nations
month, also discovered Bahariya oil with 17 feet such as the UK, Norway, the Netherlands and
(5.182 metres) of indicated pay. Located 23 km on FPSO Espoir Ivoirien the UAE.
west of Zarif field, it was also drilled to 5,700 feet The ANPG benchmarking project com-
(1,740 metres) and tested at a rate of 100 bpd of At 13:30 local time today, an incident occurred mences January 2021 and will leverage ANPG
oil. Apex plans to fracture stimulate the 1X in the whilst work was being performed in a cargo tank asset data alongside Belltree’s proprietary
future to increase the producing rate. onboard the FPSO Espoir Ivoirien operating on bMark™ software and data science expertise. The
“These oil discoveries are an important step the Espoir field offshore Côte d’Ivoire. project will take six months to complete and will
in our company’s development and in validat- Two fatalities have been confirmed as a con- deliver ANPG a ranked portfolio of assets with
ing our strategy to grow an oil and gas company sequence of the incident, which was caused by upside reserves & production potential.
of substance through a combination of drilling a leakage of hydrocarbons into the tank where bMark™ is a significant resource to draw
and acquisitions.” said Apex’s founder and CEO, the work was being performed. Next of kin have from, enabling 48,000+ global oil and gas field
Roger Plank. “The presence of hydrocarbons been informed. analogues, data analytics and a suite of predictive
in both the 1X and 11X confirms our geologic Production has been shut down and the leak benchmarks to be applied to energy projects.
ANPG’s Production Directorate said: “ANPG
is looking to revitalise the mature fields in the
Angolan oil and gas industry in order to improve
the operational efficiency of these concessions by
awarding a benchmarking project to identify and
optimise candidates for mature fields. Expecta-
tions: accurately identify the mature fields with
potential to increase production and maximise
recovery; build a robust database and develop
a benchmarking tool for ANPG; detailed and
exhaustive diagnosis of the mature fields to help
assess whether the reservoir management or the
depletion plan was properly applied based on the
best industry and regulatory practices. The pro-
ject has been awarded to Belltree.”
Belltree’s Business Development Director
said: “Supporting oil and gas regulators and
national operating companies is an integral com-
ponent of our business strategy.

Week 03 20•January•2021 www. NEWSBASE .com P19