Page 20 - AfrOil Week 28 2022

AfrOil NEWS IN BRIEF AfrOil

to a total depth of 3,496 metres, UOG said in a
press release.
The drilling operation encountered both
primary and secondary reservoirs, trigger-
ing the initiation of a comprehensive testing
programme. The testing programme is still
underway, but after over a week of testing no
hydrocarbons have yet been recovered. The
operator and partners will continue to review the
test results and potential future options and costs
before a final decision is made on the forward
plan for the well.
The 2022 Abu Sennan drilling campaign is
continuing with the AJ-14 development well,
with the announcement of the spud on June
21, 2022. Two further wells are planned for this
year, including an ASH development well and
the ASF-1X exploration well. The ASF-1X well
is located in the south-west of the Abu Sennan
licence, approximately 30 km away from the
ASV-1X well, and the prospectivity of ASF-1X
well.
PetroNor holds an indirect ownership inter- stations. bna/IntelliNews, July 7 2022
est of 16.83% in PNGF Sud in Congo, which is A government spokesman announced on July
the Company’s core production licence. Total 5 that Abidjan had decided to maintain the price GeoPartners signs
gross field production from this asset amounted of diesel at CFA615 ($0.96) per litre, CFA645
to 22,842 bpd of oil (preliminary production ($1.00) for kerosene and CFA735 ($1.14) for agreement to acquire 3D
allocation) in the second quarter of 2022, cor- super unleaded gasoline for the month of July.
responding to a net production to PetroNor of As of the end of June, the spokesman seismic in the offshore
3,844 bpd of oil. added, the government had paid out a total of
The infill drilling programme on PNGF Sud CFA405bn ($629.23mn) in petroleum product Angoche Basin
is currently drilling the final section planned to subsidies. This policy is one of several measures
total depth on the fourth and final Litanzi well in designed “to relieve the wallets of Ivorians and GeoPartners has announced the signing of an
a total drilling programme of 17 infill and devel- improve their living conditions,” he noted. exclusive agreement with the Instituto Nacional
opment wells. This producer well and the previ- One such measure was the decision, de Petroleo (INP), on behalf of the Government
ously drilled injector well 3 are planned to be on announced on May 17, to pay a subsidy of of Mozambique, to conduct a major new Mul-
production mid to late August. Drilling opera- CFA6.4bn ($9.4mn) millers in order to cap the ti-Client 3D Geophysical Survey in the offshore
tions are delayed relative to plan by several weeks price of bread. The government also decided in Angoche Basin.
due to the changeout of the rig’s top-drive system May to freeze customs duties on wheat imports The project will comprise the acquisition of a
and the addition of a couple of side-tracks. Cur- for a period of three months. minimum 12,000 square km of 3D Multi-Client
rently, one Litanzi well is on production and one These measures are beginning to yield fruit, data over Blocks that will be awarded following
on injection with incremental production above according to the Ivorian government, as infla- the closure of the current 6th Licensing Round.
expectation at a rate of about 2,200 bpd of oil. tion rates fell from 5.6% in January 2022 to 3.5% Advanced new acquisition and imaging tech-
Following Litanzi, the rig will move to Tchibeli in May 2022. Nevertheless, Abidjan says is still niques will provide better illumination of com-
NE to drill two development producers. fighting against fraud and corruption in some plex structures to help reduce exploration risk
The full account of production (including parts of the country’s business sector. and fast-track the region for potential produc-
final allocation) will be presented in the sec- bna/IntelliNews, July 7 2022 tion and development. Pre-acquisition permit-
ond-quarter report. ting has started and it is anticipated that the 3D
Petronor, July 11 2022 acquisition will commence in early 2023, with
PROJECTS & COMPANIES an expected duration of 6 months to complete
and with early processed results available by end
UOG says ASV-1X well Jim Gulland, Director of GeoPartners,
POLICY 2023.
Côte d’Ivoire to at Abu Sennan onshore announced: “We are honoured to have con-
cluded this new Agreement with INP to acquire
maintain fuel price licence area drilled safely this very large 3D seismic survey in the relatively
underexplored but highly prospective Angoche
subsidies in July ASV-1X well in the Abu Sennan onshore licence, Basin. The upcoming new Multi-Client 3D seis-
in which Egypt-focused oil and gas producer mic acquisition programme will help accelerate
Faced with rising oil prices on international United Oil & Gas (UOG) holds a 22% working the identification of what will surely be the next
markets, authorities in Côte d’Ivoire continue interest but which is operated by Kuwait Energy wave of major discoveries in Mozambique.”
to make efforts to contain fuel prices at filling Egypt, has been drilled safely and under-budget GeoPartners, July 13 2022

P20 www. NEWSBASE .com Week 28 13•July•2022