Tuesday, March 31, 2020

Gas Pay News

Sound Energy Updates on TE7 Drilling, Log Results

Sound Energy, the European and African focused upstream gas company informed that TE-7, the second well at the Company's Tendrara licence (onshore Morocco), has now been successfully drilled to total measured depth of  3,459 metres corresponding to a vertical depth of 2,611 metres. The Company has successfully completed a 700 metre sub horizontal drill through the TAGI reservoir.

Sound Energy Confirms Significant Gas Discovery in Morocco

Discovery onshore Morocco Photo Sound Energy

Sound Energy, the European / Mediterranean focused upstream gas company confirmed a significant gas discovery and a potential single gas column at the Company's Tendrara licence, onshore Morocco. The first Tendrara well, TE-6, was drilled to a depth of 2,665 metres and encountered the top of the structure and approximately 28 metres of net gas pay in the TAGI reservoir.

BP Fast-tracks Development of Atoll Discovery

Hesham Mekawi, Regional President, BP North Africa Photo BP

BP announced today that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project which is an early production scheme that will bring up to 300 million cubic feet a day (mmscfd) gross of gas to the Egyptian domestic gas market starting in the first half of 2018. BP has a 100% interest in the concession.

BP Egypt makes New Gas Discovery

Courtesy BP Egypt

BP Egypt announced today another important gas discovery in the Baltim South Development Lease in the East Nile Delta. The Baltim SW-1 exploration well, drilled in water depth of 25 metres by operator IEOC (Eni), reached a total depth of 3750 metres depth and penetrated approximately 62 metres of net gas pay in high quality Messinian sandstones. The discovery…

Woodside Beefs up Myanmar Gas Field Resource Estimates

Woodside has reported an increase in its best estimate contingent resource (2C) by 83 MMboe to 4,481 MMboe Courtesy Woodside

Woodside has reported an increase in its best estimate contingent resource (2C) by 83 MMboe to 4,481 MMboe following the announcement of two gas discoveries offshore Myanmar in Q1 2016. Woodside announced the discovery of 32 m net gas pay (increased from an earlier 15 m net gas pay estimate) in the Block A-6 Shwe Yee Htun-1 exploration well and 62 m net gas pay in the Block AD-7 Thalin-1A exploration well.

Woodside's Second Gas Discovery in Myanmar

WOODSIDE INTERESTS IN MYANMAR  Courtesy WOODSIDE

Woodside advises that the Thalin-1A exploration well in Block AD-7 in the Rakhine Basin has intersected a gross gas column of approximately 64m. Approximately 62m of net gas pay is interpreted within the primary target interval. Block AD-7 is located in the Bay of Bengal, approximately 100km offshore of the west coast of Myanmar. Water depth at the Thalin-1A well location is 836m.

Beach Energy Update on Cooper, Eromanga Basins

Beach Energy Report

Beach Energy has provided the following Update on the outcome of their efforts with regards exploration and Appraisal. A six‐well infill development drilling campaign was completed in the Moomba North Field, which aimed to develop booked reserves in the Toolachee, Daralingie and Patchawarra formations. A phased approach is being undertaken which may result in drilling up to 26 new wells in the area, six of which were drilled in 2014.

Woodside Discovers Gas Offshore Myanmar

WOODSIDE INTERESTS IN MYANMAR COURTESY WOODSIDE

Woodside advises that the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin, located in the western offshore area of Myanmar, has intersected a gross gas column of approximately 129 m. Approximately 15 m of net gas pay is interpreted within the primary target interval. The well reached the planned original total depth (TD) of 4810 m, referenced from the rig rotary table.

Maersk Discoverer Finishes Well Ahead of Time

Semi-sub Maersk Discoverer drilled deepest well ever in Egypt

In the beginning of May, the crew on Maersk Discoverer reached a great milestone when they finalised their latest well two months ahead of time. The well was another East Nile Delta success for BP, discovering 50 m of gas pay in high-quality Oligocene sandstones. On 5 May, Maersk Discoverer completed the deepest well ever drilled in Egypt and the longest ever drilled in the Mediterranean Sea.

Premier Spuds Second Falklands Well

Oil and gas discovery at Zebedee, Falkland Islands. Courtesy Premier Oil

Premier reports that the Zebedee well (14/15b-5) in PL004b (Premier 36 per cent equity) discovered 81 feet of net oil-bearing reservoir and 55 feet of net gas-bearing reservoir. The well penetrated multiple targets in the Cretaceous F2 and F3 formations with a total hydrocarbon net pay of 136 feet. The Hector sand, which contains 55 feet of net gas pay. The Zebedee sand, which contains 79 feet of net oil pay.

BP in Second Egypt Find

Courtesy BP

BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has reached 6,400 metres depth and penetrated approximately 50 metres of gas pay in high quality Oligocene sandstones.

Shell: "Substantial" Gabon Gas Find

Shell has announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, west of Gamba. It was drilled in water 2,110 metres deep to a total vertical depth of 5,063 metres.