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Regional Update

Africa

  • A discovery was made at the Ogo-1 well offshore Nigeria. The well reached a total depth of 3206 m and encountered a gross hydrocarbon section of 524 ft with 216 ft of net stacked pay. Optimum Petroleum Development (60%) is the operator in partnership with Afren (22.86%) and Lekoil (17.14%). 

Asia

  • Drilling has begun on the Lukut Updip‑1 exploratory well on Brunei Block L in Brunei. It has a planned true vertical depth of 2431 m targeting deltaic and base slope sand deposits of Middle Miocene age. AED Southeast Asia (50%) is the operator in partnership with Kulczyk Oil Brunei (40%) and a private Brunei company (10%).
  • Salamander Energy has begun its multi-well exploration program in Block G4/50 off the Gulf of Thailand. The group plans to drill six exploration wells this year followed by further exploration drilling next year. The block covers 2,239 sq miles and contains five sub-basins. Salamander holds a 100% operating interest.
  • Gas condensate was discovered from a deep reservoir at the Adam X-1 exploration well in Block 2568-13 in the Hala field in Pakistan. During testing, the well flowed at 14.3 MMcf/D of gas and 125 BOPD (condensate) at a 40/64‑in. choke. Pakistan Petroleum (65%) is the operator in partnership with Mari Petroleum (35%).
  • Production has begun on the offshore Wenchang 8-3E oil field in China. The field is located in the western Pearl River Mouth basin in China and has an average water depth of approximately 110 m to 120 m. China National Offshore Oil Corporation is the operator with a 100% interest.
  • The Tayum-1 exploration well encountered approximately 49 vertical ft of net gas pay from multiple sandstone intervals within the Miocene and Pliocene section. The well is located in the Kutai production sharing contract offshore Kalimantan in Indonesia. KrisEnergy (54.6%) is the operator in partnership with Salamander Energy (23.4%) and Orchid Kutai (22%).
  • Oil was discovered at the Parit Minyak-2 exploration well located onshore north Sumatra in Indonesia. The well was drilled to a total depth of 2812 m, during which several oil shows were noted within the Eocene/Oligocene Pematang group. From the interval of 2480 m to 2539 m, the well flowed 37 °API oil at a rate of 200 to 400 B/D with no water. Pacific Oil & Gas (Kisaran) (55%) is the operator in partnership with Pacific Oil & Gas (Sumatera) (22.5%) and New Zealand Oil & Gas (22.5%).

Australia

  • Drilling began on Hooper-1, an exploration well in PEL 92, in the Cooper basin in South Australia. The well will be drilled on a 3D seismic defined anticline in the northwest section of PEL 92 and has a planned total depth of 1820 m, targeting Namur Sandstone. Beach Energy (75%) is the operator in partnership with Cooper Energy (25%).

Europe

  • The Norvarg appraisal well confirmed the presence of hydrocarbons in the Kobbe formation in production license 535 in the Norwegian sector of the Barents Sea. Drillstem tests to assess the quality of the reservoir and the volume potential in the northeastern part of the Norvarg closure will be performed. Total (40%) is the operator in partnership with Det norske (20%), North Energy (20%), Valiant Petroleum (13%), and Rocksource (7%).
  • Seismic data acquisition has begun in the Fedynsky and Central Barents license areas in the ice-free part of the Russian sector of the Barents Sea. The 2D survey is planned to take place over 6,100 miles. Rosneft holds 66.67% of the joint venture, while Eni holds the remainder (33.33%).
  • Drilling began on the 16/2-18S exploratory well in production license 265 in the North Sea. Located in the Cliffhanger North prospect, the well has a planned total depth of 1970 m and will test the presence of the Jurassic reservoir and the quality of fractured and weathered basement. Statoil Petroleum (40%) is the operator in partnership with Petoro (30%), Det norske oljeselskap (20%), and Lundin Norway (10%).

Middle East

  • Gulf Keystone has commenced its development drilling program with the spudding of the Shaikan-10 development well in Iraq. The well is a modular design with a production capacity of 20,000 BOPD. It will be followed by a minimum three-rig development and production drilling program, which will begin early next year.

North America

  • Drilling has begun on the East Lusk 15 Federal #3 horizontal well in Lea County in New Mexico. The planned depth is 2896 m vertically and 1219 m to 1524 m laterally. FieldPoint Petroleum (43.75%) is the operator in partnership with Cimarex (37.5%) and other unnamed partners (18.75%).
  • The Vicksburg deepwater well in the Gulf of Mexico encountered more than 500 ft of net oil pay after being drilled to a depth of 8042 m. Located in the De Soto Canyon Block 393, the Vicksburg A discovery is estimated to contain recoverable resources of more than 100 million BOE. Royal Dutch Shell (75%) is the operator in partnership with Nexen (25%). 
  • Drilling has begun on the Stalder Pad site located in eastern Monroe County in Ohio. The pad has been designed and permitted to drill up to 18 wells (10 Marcellus and 8 Utica). Triad Hunter (50%) is the operator in partnership with Magnum Hunter Resources (50%).

South America

  • Oil and gas reserves were discovered at the Chercán 1 well located on the Flamenco block in Chile. The well was drilled to a total depth of 2066 m and flowed at a rate of approximately 4 MMcf/D of gas and 35 BOPD through a choke of 8 mm. GeoPark Holdings (50%) is the operator in partnership with Empresa Nacional de Petroleo de Chile. JPT