Page 18 - AfrOil Week 27
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AfrOil NEWS IN BRIEF AfrOil
The original work commitments under the Per- oil and gas infrastructure such as the Escravos the area’s existing infrastructures.
mit were: initial period of three years, expiring Terminal make it one of the most attractive assets In parallel with the development activities
on August 31, 2020 (FTG-aerogradiometry, 600 in the Niger Delta, with significant untapped and associated with this new discovery, Eni will con-
kmof 2D seismic and 150 square km of 3D seis- under-explored hydrocarbons potential. tinue to explore the Great Nooros Area with the
mic0; subsequent optional first complimentary “The renewed development of OML109 drilling, this year, of another exploration well
period of two years and six months (one explo- will bring a boost to local content development called Nidoco NW-1 DIR, located in the Abu
ration well with Triassic objective); optional sec- in Nigeria and support the industry’s recovery Madi West concession.
ond complimentary period of a further two years following the COVID-19 crisis. As Nigeria mul- In the North El Hammad concession, which
and six months (a further single exploration well tiplies efforts to build domestic capacity and is in participation with the Egyptian Natural
with Triassic objective). develop the Nigerian content, we intend to live Gas Holding Company (EGAS), Eni through its
The amended work programme commit- up to expectations as one of the country’s major affiliate IEOC holds 37.5% interest, the role of
ments under the Permit are now as follows: ini- indigenous player”, declared Prince Arthur Operator, BP holds the 37.5%, and Total holds
tial period of four years and four months from Eze, Executive Chairman of Atlas Oranto. “We the 25% of the Contractor interest.
August 31, 2017 (FTG-aerogradiometry and expect the ongoing wells interventions on OML Eni, July 01 2020
600 km of 2D seismic and one exploration well 109 to deliver quick wins on the recovery and
with Triassic objective, to be scheduled in 2021); enhancement of production from the field, and
optional first complimentary period of a further express our thanks to the Department of Petro- SERVICES
two years and six months from December 31, leum Resources for facilitating all permits,” he
2021 (if the results of the drilling of the explora- concluded. Africa Energy: Odfjell rig
tion well drilled in the Initial Period are likely to Atlas Petroleum International and Oranto
constitute a commercially exploitable discovery, Petroleum represent one of Africa’s largest mobilised for Block 11B/12B
the Company will acquire 150 square km of 3D Nigerian and privately-held exploration and
seismic or its equivalent in 2D seismic data; if the production groups. The companies currently offshore drilling programme
results of the exploration well drilled in the Ini- have an extensive footprint across the African
tial Period are not likely to constitute a commer- continent, holding 22 oil and gas licences in 12 Africa Energy has announced that the Odfjell
cially exploitable discovery, the Company will jurisdictions. Deepsea Stavanger semi-submersible rig has
undertake further geological and geophysical Atlas Petroleum International, July 06 2020 departed Bergen, Norway for South Africa to
studies but will not be required to acquire this commence the upcoming multi-well drilling
additional seismic; optional second complimen- Eni makes new gas find programme on Block 11B/12B.
tary period of a final two years and six months Garrett Soden, the Company’s President
(a further single exploration well with Triassic at North El Hammad and CEO, commented: “We are excited to begin
objective). the next phase of exploration drilling on Block
The effective date of the Permit remains the licence offshore Egypt 11B/12B offshore South Africa. The Odfjell rig
same. The Company clarifies that the commit- is mobilising from Norway to South Africa in
ment to acquire FTG-aerogradiometry and 600 Eni (as the Operator of the Block), BP and Total order to spud the Luiperd-1 well by September.
km of 2D seismic has already been fulfilled and (as Contractor members) have successfully Luiperd is the largest prospect in the Paddavissie
approved as such by ONHYM. The Company drilled the first exploration well in the North El Fairway and has been de-risked by the nearby
holds an operated 47.5% interest in the Per- Hammad licence, in the conventional Egyptian Brulpadda discovery and subsequent 3D seismic
mit, with the remainder held by joint venture waters of the Nile Delta, on the prospect called work.”
partners Schlumberger with a 27.5% share and Bashrush. Deepsea Stavanger drilled the basin-open-
ONHYM with a 25% share. The new discovery is located in 22 metres of ing Brulpadda oil and gas discovery on Block
Sound Energy, July 06 2020 water depth, 11 km from the coast and 12 km 11B/12B in February 2019. Block 11B/12B is
to the north-west of the Nooros field and about located in the Outeniqua Basin 175 km off the
Atlas Petroleum resumes 1 km west of the Baltim South West field, both southern coast of South Africa.
already in production. The well discovered a
The block covers an area of approximately
development of OML 109 single 152-metre-thick gas column within the 19,000 square km with water depths ranging
from 200 to 1,800 metres. The Paddavissie Fair-
Messinian age sandstones of the Abu Madi for-
site in Nigeria mation with excellent petrophysical properties. way in the southwest corner of the block includes
the Brulpadda discovery, as well as several large
The well will be tested for production.
Over the weekend, Atlas Petroleum Interna- The discovery of Bashrush demonstrates the submarine fan prospects that have been signif-
tional has resumed work over activities and well significant gas and condensate potential of the icantly de-risked by the discovery and subse-
interventions on OML 109 in Nigeria in order Messinian formations in this sector of the Egyp- quent 3D seismic acquisition.
to enhance production from the Ejulebe mar- tian Offshore shallow waters. The discovery of Africa Energy holds 49% of the shares in
ginal field. Awarded to Atlas Petroleum Interna- Bashrush further extends to the west the gas Main Street 1549 Proprietary, which has a 10%
tional in 1991, the block entered into production potential of the Abu Madi formation reservoirs participating interest in Block 11B/12B. Total
through the development of the Ejubele discov- discovered and produced from the so-called E&P South Africa is operator and has a 45%
ery in September 1998. Great Nooros Area. participating interest in Block 11B/12B, while
OML 109 comprises 14 identified and Eni, together with its partners BP and Total, Qatar Petroleum International Upstream and
mapped prospects and leads and an un-risked in coordination with the Egyptian Petroleum CNR International (South Africa) have 25% and
resource potential in excess of 500mn barrels of Sector, will begin screening the development 20% participating interests, respectively, in Block
oil equivalent. Its low-cost operating environ- options of this new discovery, with the aim of 11B/12B.
ment in shallow water and proximity to existing fast-tracking production through synergies with Africa Energy, July 05 2020
P18 www. NEWSBASE .com Week 27 08•July•2020