CWC

Aje 4 Spuds With Considerable Expectations

NIGERIA

THE DRILLSHIP DEEPWATER Pathfinder moved from the deepwater Agbami 3 ST2 to spud Aje 4 in the first week of February. Aje 4 is located in less than 200metres of water. By February 18, two casings had been run in the well and the operation was in the 12-1/4’ hole. The technical operator, Chevron (18%), doesn’t plan to test this well in the event of a successful outcome. The idea is to run production casing and suspend the well as a potential producer. Aje 4 is expected to confirm that the field indeed has 1 .2Trillion cubic feet of gas as well as up to 200million barrels of oil. The first two wells encountered two main hydrocarbon rich reservoirs, each of Turonian and the Cenomanian age, but Aje 3 encountered the Cenomanian reservoir at a level significantly down-dip from the discovery well, as well as below the existing oil-water contact defined in Aje-2. The well did indeed “see” the Turonian level updip of the two earlier wells and located above the gas water contact encountered in both Aje-1 and Aje-2 but the presence of gas in the reservoir could not be tested due to poor reservoir properties at the Aje-3 location. Participants in the 1,840 sq km OML 113, which contains the Aje field, include Yinka Folawiyo (holding operator 60%),Vitol Exploration (12.83%), Energy Equity Resources (6.50%) as well as Providence Resources (2.67%).



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