Petroleum Africa
Find us on: 
Friday, September 6, 2013
The Sedneth 701 rig has finally arrived on location in Nigeria after a number of delays. Camac Energy reported that Allied Energy, its partner on the Oyo Field on OML 120, informed it the rig had arrived. The company said after setting anchors and taking on initial drilling materials, it is anticipated that the well will be spud on or before September 10.
The rig will be drilling the Oyo-7 well for Camac and Allied. The first phase of drilling operations is expected to last 60 days, during which time the well will be drilled to a target depth of around 2,450 meters. This well section will penetrate the currently producing Pliocene reservoir (T1A), appraise the T1B reservoir, and provide an exploration test of the Miocene.
After completion of the first drilling phase, the rig will be released to NPDC as per the Deed of Assignment between NPDC and Allied. The second phase of drilling to complete the well and begin production is expected to commence in 2014 upon receipt of the necessary long-lead items.
“Drilling of the Oyo-7 well is a major milestone for Camac Energy,” commented Segun Omidele, senior VP of Exploration and Production. “We have dual objectives for the well; to increase production from the currently producing Pliocene reservoir and to test the resource potential in the deeper Miocene.”
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
