Tanzanian Ruvuma Basin well to start

    0
    109


    Aminex has said that the Likonde 1 well, the first well in the Ruvuma PSA, should kick off later this week on 7 January and will be drilled to a programmed depth of 3,200 metres (10,500 ft) with drilling time estimated at two months.
    Likonde 1, described as a robust faulted rollover structure, is targeting multiple Tertiary, Cretaceous and Permo-Trias Karoo targets and oil in place in the prospect is put at 500 m bbl of oil and P10 recoverable reserves are estimated at 150 m bbl of oil with a one in four chance of success.
    UK-based Tullow Oil is operating Likonde 1 with with 50%, Aminex holds 37.5% equity in the well and Solo Oil holds 12.5%.
    Summarising its drilling programme for the rest of this year, Aminex is planning another two wells in Louisiana in the US, starting in the first quarter, one in Texas in the second quarter, two in Shoats Creek in the US in the third quarter, and a provisional follow-up well to Likonde 1 in the fourth quarter, and possibly another well in Tanzania as a follow up to the Nyuni discovery, which may also be drilled in early 2011.

    Aminex has said that the Likonde 1 well, the first well in the Ruvuma PSA, should kick off later this week on 7 January and will be drilled to a programmed depth of 3,200 metres (10,500 ft) with drilling time estimated at two months.

    Likonde 1, described as a robust faulted rollover structure, is targeting multiple Tertiary, Cretaceous and Permo-Trias Karoo targets and oil in place in the prospect is put at 500 m bbl of oil and P10 recoverable reserves are estimated at 150 m bbl of oil with a one in four chance of success.

    UK-based Tullow Oil is operating Likonde 1 with with 50%, Aminex holds 37.5% equity in the well and Solo Oil holds 12.5%.

    Summarising its drilling programme for the rest of this year, Aminex is planning another two wells in Louisiana in the US, starting in the first quarter, one in Texas in the second quarter, two in Shoats Creek in the US in the third quarter, and a provisional follow-up well to Likonde 1 in the fourth quarter, and possibly another well in Tanzania as a follow up to the Nyuni discovery, which may also be drilled in early 2011.


    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.