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
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