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Monday, June 12, 2023
PetroNor reports that it has restarted the infill drilling program at the complex in Congo. The infill drilling program, which was paused at the end of 2022 as planned following the successful drilling of six wells on the Litanzi and Tchibeli NE fields.
The first infill well on the Tchibeli field was spud on May 21, 2023, with the drilling rig Axima. As of June 9, the well has been drilled, logged and cased at the targeted total depth of 2,694 mMD/2,172 mTVDSS and is about to undergo completion. Base case plans are to drill four wells in the field with first oil estimated in August from the initial two wells. The drilling program is planned to extend through October.
PetroNor stated, “Looking at the year-to-date period, preliminary allocations indicate that production on PNGF Sud has remained as forecast consistently above ~30,000 bopd gross and ~5,000 bopd net. Production is supported by the previously mentioned strong contribution from the six infill wells on Litanzi and Tchibeli NE. This includes steady production from the Vandji exploration discovery in Tchibeli NE whose production performance is important input to the consideration for further pre-salt exploration and appraisal targets in the license area.”
The next sale of PetroNor’s entitlement oil is scheduled in late June with an estimated lifting of 270,000 bbls bringing total sales for the year to 833,000 bbls. The previous sales realized an average price of $78.3/bbl.
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