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Houston-based Hibernia Resources announced that the company completed two Spraberry Field wells in TC RR Co Survey, A-431 in Texas’ Reagan County (RRC Dist. 7c). The #2H Bailey B was completed in Lower Wolfcamp C flowing 1,498 bbl of 41° API oil, with 1.662 MMcf/d of gas. The venture was drilled to 18,632 ft, and the true vertical depth is 8,332 ft and is producing from a perforated zone at 8,437 ft-18,498 ft. It was tested on a 24/64-inch choke with a flowing tubing pressure of 582 psi and a flowing casing pressure of 118 psi after fracturing. The #1H Bailey A was completed in Lower Wolfcamp B, and it produced at a 24-hour rate of 1,027 bbl of 41° API oil and 1.044 MMcf of gas. Drilled to 18,684 ft, the true vertical depth is 8,342 ft. and it produces from a perforated zone between 8,491 ft and 18,550 ft. The well was tested on a 36/64-inch choke, and the flowing tubing pressure was 545 psi.
Equinor announced a significant discovery on the Norwegian continental shelf. Preliminary estimates place the size of the discovery between 75-120 MMboe of recoverable oil equivalent. Exploration wells #31/2-22 S and #31/2-22 A in the Blasto prospect are in production licenses 090, 090 I and 090 E between Fram and Troll fields. The #31/2-22 S encountered a total oil column of about 30 m in the upper part of Sognefjord and an oil column of about 50 m in the lower part of Sognefjord. Exploration well #31/2-22 A hit high-quality sandstone in Sognefjord, but the reservoir is filled with water and the well is classified as dry. The #31/2-22 S was drilled to 2,379 m and #31/2-22 A was drilled to 2,207 m. Water depth in the area is 349 m. The wells have been permanently plugged and abandoned and are the first two exploration wells in production license 090 I. Stavanger-based Equinor is the operator and partners are Var Energi, Idemitsu and Neptune Energy.
Rome-based Eni reported a new light oil discovery in Block 15/06, in offshore Angola. The well has been drilled on the Cuica exploration prospect located inside the Cabaca Development Area. The #1-Cuica NFW was drilled as a deviated well to a total depth of 4,100 m. The venture encountered an 80-m oil column with 38° API oil in Miocene Sandstone. Eni plans to drill an updip sidetrack, and the current estimated production capacity is approximately 10,000 bbl/d of oil. The find is estimated at 200-250 MMbbl of oil-in-place. This is the second oil discovery within the existing Cabaca Development Area where water depth is about 500 m deep. Eni is the operator of the block with 37% interest and partners include Sonangol (36%) and SSI (27%).
The ruling blocked drilling on more than 300,000 acres in Wyoming until the Interior Department’s Bureau of Land Management conducts further analysis about how the development would impact climate change.
Colombia has shelved two environmental licensing requests made by oil companies ConocoPhillips and Canacol Energy Ltd. for fracking projects in northern Cesar province, two sources with knowledge of the matter said March 20.
The first circulated draft of the much anticipated hydrocarbon law in Algeria, has shown that the government has loosen up the law in a move that aims to attract more foreign investors to the energy sector in Algeria. The question is, will it be passed amid contentious political transition?