Anadarko Strikes Oil Off Ivory Coast

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    The U.S. independent oil company Anadarko has hit net pay at its CI-103 block, offshore Ivory Coast.

    In its quarterly results presentation on Monday, the company revealed it struck approximately 100 net feet of vertical pay in the company’s first horizontal deepwater well at Paon-5A, offshore the West African country. The company is using the Bolette Dolphin drillship for the operations in Ivory Coast.

    Furthermore, the company, which operates the block with a 65 percent stake, said it plans to drill the Paon-3AR sidetrack well in the second quarter, followed by a drillstem and interference testing program.

    The company says that the data from these operations are expected to provide insight on reservoir connectivity, deliverability, fluid properties and reservoir size, moving the Paon discovery toward commerciality.

    To remind, Anadarko made the Paon discovery back in 2012. The discovery proved that the Upper Cretaceous fan system present offshore Ghana also extended westward into Ivory Coast.

    Anadarko owns an operated working interest in four blocks offshore Ivory Coast totaling approximately 1.0 million gross acres. The CI-103 block, where the Paon prospect is located, is operated by Anadarko with a 65% working interest. In each CI-527, CI-528, and CI-529 the company has 90% working interest.

    As announced on Tuesday, Pelican (CI-527) and Rossignol (CI-528) exploration wells, both operated by Anadarko, are planned for drilling after the Paon appraisal program.

    Following the completion of drilling in Ivory Coast, the Bolette Dolphin drillship will go back to Colombia to conduct additional exploration drilling activities for Anadarko.

     

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