PA Resources spu Benita well offshore Equatorial Guinea
2008.04.18 -
Field Development
The drilling of an appraisal well has commenced on the Benita discovery located in Block I in Equatorial Guinea. Results from the drilling are expected to be available in the late second or early third quarter 2008. The oil and gas group PA Resources has a 6 percent working interest in the license. The technical operator Noble Energy has spudded the appraisal well I-5 on Block I with the drilling rig Sedco 700. The well will appraise the extent of the oil and gas discovery made by the wells I-1 and I-2 earlier drilled on the Benita structure.
This is the first well that is being drilled by the Sedco 700 as part of a two well program in Block I during the second quarter of 2008.
PA Resources has a 6 percent working interest in Block I, through its fully owned subsidiary Osborne Resources. Operator is Noble Energy (40 percent) and the other partners are Atlas Petroleum International (29 percent) and Glencore (25 percent).
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
