Gulf Oil and Gas accountACCOUNT

Savannah Provides Niger Operational Update

Source: www.gulfoilandgas.com 3/12/2018, Location: Africa

Savannah Petroleum PLC is this morning pleased to provide an update on its operations in Niger, ahead of the commencement of its three well drilling campaign on the R3 portion of the R3/R4 PSC Area in the Agadem Basin, south east Niger.

Operational Update
The construction of the Bushiya well pad, the first well in the Company’s campaign, has been completed. The well site is now fully manned and operational, with over 100 personnel on site, including Great Wall Drilling Company Niger SARL rig crew and Savannah drilling supervisors.

Rig GWDC 215 is on location at Bushiya, with preparations for spud underway. Drilling continues to be on track to commence by the end of March 2018. In preparation for the rest of the drilling campaign, well pad construction for the second well, Amdigh, is over twenty per cent. progressed. Civil work operations at the site are expected to be complete by the end of March 2018, at which point the Company’s contractors will commence work at the Kunama site. Further updates will be provided in due course.

Drilling Campaign
As previously announced, Savannah’s drilling campaign is intended to target three prospects on the R3 portion of the R3/R4 PSC Area: Bushiya, Amdigh and Kunama (all defined on 3D seismic). Savannah’s competent person, CGG Robertson (“CGG”), has assessed total mean unrisked recoverable resources across the three targets at 110 mmbbls (a simple arithmetic sum of the three targets). Each well is designed to evaluate potential oil pay in the Eocene Sokor Alternances as the primary target, with the secondary target of potential oil pay in the Eocene-Oligocene Upper Sokor being considered as upside.

Note that total target volumes are “risked additions” of the recoverable resources from all potential reservoirs within each target. A “risked addition” is a probabilistic summation of the volumes expected at each prospective level in a target, and takes into account their respective geological chances of success. “Risked Addition” volumes do not equal a simple arithmetic sum, as the individual reservoir layers are believed to behave independently, such that an exploration success in one does not imply that all will be successful (and vice versa).

Each prospect is anticipated to take c.30-35 days to drill, and there will be a rig move of c.10-15 days between each well. Throughout the drilling, the Company plans to log prospective sections, with further logging as required for hydrocarbon bearing sections. Wells will be suspended in the success case for reentry and further evaluation, which would include well testing and completion using a smaller, cheaper and dedicated testing or workover rig.

Andrew Knott, CEO of Savannah Petroleum, said:
“We are delighted to be on the cusp of commencing our maiden drilling operations in Niger, which represents the culmination of thousands of man-hours of technical and operational work. The drilling campaign has the potential to be transformational for both Savannah and the local communities in which we are operating. I look forward to sharing further news and updates on this campaign as we move into an operationally busy period for our Company.”

Drilling News in Niger >>

Norway >>  12/12/2018 - Equinor Energy AS, operator of production licence 751, is in the process of completing the drilling of wildcat well 6407/11-1. The well was drilled ab...
Norway >>  12/12/2018 - The Norwegian Petroleum Directorate has granted Wellesley Petroleum AS a drilling permit for well 35/4-2, cf. Section 15 of the Resource Management Re...

Norway >>  12/10/2018 - The Norwegian Petroleum Directorate has granted Equinor a drilling permit for well 36/1-3 in production license PL 885. Well 36/1-3 will be drilled fr...
Argentina >>  12/7/2018 - President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, has p...

Morocco >>  12/7/2018 - Sound Energy, the Moroccan focused upstream gas company, has confirmed that the drilling at TE-10, the second well of a planned three exploration well...
Thailand >>  12/7/2018 - Ophir has provided an update on recent drilling activity in Indonesia and Thailand: Paus Biru Gas Discovery, Sampang PSC, Indonesia ...

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 


Niger Oil & Gas 1 >> 

Oil & Gas Projects in Niger >>

More News

Related Links

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