The Petroleum Ministry-affiliated General Petroleum Company (GPC) plans to drill five discovery wells
and 13 development wells, in addition to producing some 64,000 barrels of crude oil, natural gas and condensates a day during fiscal year 2018/19, a statement from the Petroleum Ministry said earlier.
Both the discovery wells
were found to have high standard oil, brent reservoir sands and 78,000 barrels a day of flow rate.
Consistent with the original four Sidewinder discovery wells
drilled in the field to date, both wells encountered similar quality reservoir sands within the Mt.
MEO has integrated the results of the 701 km2 Ibu Horst 3D seismic survey acquired in early 2012, with data from the ONS B-1 (1969), NSO-2N (1975) and Salem-1 (1983) discovery wells
on the Ibu Horst.
A floating rig drilled the discovery wells
of the Prelude and Concerto offshore gas fields (up) and a bird's eye view captures the full 488-metre length of the FLNG facility
According to Tullow Oil, good evidence of communication with the Owo-1 discovery wells
and the Enyenra appraisal wells confirms the significant extent of the Enyenra light oil field.
The well is situated in the company's, 100 percent controlled Petroleum Exploration Permit 38748, in the Taranaki Basin, New Zealand, where the company has drilled four discovery wells
According to Shokri Ghanem, chairman of the National Oil Corporation, NOC, the his organization and international oil companies operating in Libya recorded a success rate of 51% among the 65 newly drilled discovery wells
in the country last year that yielded both oil and gas.
The five discovery wells
at Ghawar, have produced more than 350 million (bpd) and are still producing today at a combined rate of 6,000 bpd, Turaiki said at a conference.
The 1,389 sq km block was home to two discovery wells
, drilled by Conquest Exploration in the 1990s and an estimated 50m barrels of liquids in place, of which between 5-20% was thought to be recoverable.
That followed the start of output from the Al-Amir SE-3 appraisal and the Geyad-1 discovery wells
These discovery wells
were drilled by AGOCO, a wholly owned affiliate of the NOC, in 2003 and 1999, respectively.