All posts tagged deepwater


Mauritania breaks A Dry White Season

The discovery of the Chinguetti field, nestled in 800 metres of water off Mauritania, called attention to the country as a prime destination for oil and gas explorationists. But the initial skepticism of the size of the Mauritanian play, among earth scientists, especially in major companies, seems to be returning, with the spate of dry holes witnessed in the country in the last one year.

So when the UK operator Dana Petroleum abandoned wildcat Aigrette 1 as an oil discovery in the offshore Block 7 last December, it was a welcome breath of fresh air in an environment that had started becoming suffocated with news of disappointing encounters.

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Equatorial Guinea: Progress Stalls on Exploration Front

THE MOST CURRENT NEWS on the West African fairway is that Equatorial Guinea is trying to be a large gas supplier to the United States.

It makes a lot of sense, considering that progress is not as vigorous as it used to be in the deepwater- until recently- the country’s core hydrocarbon business. There has been little significant development on the exploration front in deepwater Equatorial Guinea since 2005.
In the only exploration well drilled in 2006, operator Chevron plugged and abandoned L-2, its second (wildcat) well in Rio Muni’s Block L in May 2006, after failing to encounter hydrocarbons. L-2 was drilled on the Banyan prospect, with the hope of testing the hydrocarbon potential of a Campanian reservoir. The well is located in 1,980m Water Depth.  It went a further 2,000 meters to TD at 4,076m.  Block L is located in the Rio Muni Basin.  It covers 2,584 sq km west of Devon’s Block P and includes grid blocks I-15, I-16 and part of blocks J-14 and J-15.  The tract was reduced by 40% upon renewal in October 2005. The company almost immediately indicated that it was walking out of the block and by implication, out of the country.

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