Gulf Oil and Gas accountACCOUNT

Erin Energy Spuds Oyo-NW Well

Source: www.gulfoilandgas.com 12/6/2017, Location: Africa

Erin Energy Corporation has commenced drilling of the Oyo North West well (Oyo-NW). Oyo-NW is a high-impact exploration well being drilled with the Pacific Bora, a sixth-generation drilling rig, on the Company’s offshore Nigeria block 120. The well is expected to take approximately 60 days to drill and log.

“We are extremely pleased to have commenced drilling of the Oyo North West Prospect,” said Femi Ayoade, Chief Executive Officer. “Our team has worked hard to mature our extensive portfolio of prospects and we look forward to positive results from this campaign. A discovery in the Miocene formation would be a significant step forward in the evolution of our company.”

The Oyo-NW is one of Erin Energy’s multiple drill-ready Miocene prospects and will target mean resources of 1.1 billion barrels.(1) The Company’s offshore blocks 120 and 121 are located near many of the region’s “super-fields” in the prolific-producing Niger Delta. Miocene and Pliocene sandstone reservoirs are proven across the blocks and within the region, providing the reservoir with numerous large-fields and discoveries. Detailed mapping of Erin Energy’s prospect portfolio is based on interpretation of modern 3-D seismic data the Company has acquired on the blocks.

Erin Energy also stated that upon a successful discovery, given the close proximity to its current floating production and offloading facilities located on the producing Oyo Field, the Company would plan to eventually complete the well as a producer with production tie-back to the Oyo Field facilities.

For more information about related Opportunities and Key Players visit West Africa Projects

Drilling News in Nigeria >>

Israel >>  1/16/2019 - Energean Oil and Gas plc (ENOG) intends to announce its preliminary results for the year to 31 December 2018 on Thursday 21 March 2019. In advance of...
Peru >>  1/15/2019 - Frontera Energy Corporation (FEC) (Frontera) announces an operational update. All values in this news release and the Company's financial disclosures ...

Trinidad and Tobago >>  1/15/2019 - Touchstone Exploration Inc. (“Touchstone”) (TXP) announces an operational update. ...
United States >>  1/14/2019 - LLOG Exploration Company, L.L.C. (LLOG), a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (...

Ghana >>  1/10/2019 - Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announces that it is about to complete a successful drilling ope...
Nigeria >>  1/10/2019 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is delighted to announ...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Nigeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |

Oil & Gas Projects in Nigeria >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.