Murphy Oil Briefs Drilling Campaign Results Offshore Congo

MPS Block, Congo
(Click to Enlarge)

Murphy Oil announced that three wells in the Republic of Congo failed to hit pay. The Cobalt Marine No. 1 and Turquoise Marine No. 3 well both failed to find commercial quantities of hydrocarbons, while its Turquoise Marine No. 4 well found deeper reservoirs with a minor accumulation of oil.

The operator plugged and abandoned all three wells. Murphy Oil’s goal with the three wells was aimed at delineating the area around the Turquoise Marine No. 1 oil discovery, and to prove its standalone volumes. The company will continue to evaluate its development options.

The Turquoise Marine-1 discovery, located in the Mer Profond Sud (MPS) Block offshore Republic of the Congo, lies in a water depth of 5,285 feet (1,611 meters). Murphy, which holds a 50% interest, operates the discovery; PA Resources holds 35%; and Societe Nationale des Petroles du Congo holds the remaining 15% interest.

continue reading the full article


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Production Engineer
Expertise: Production Engineering
Location: Houston, TX
Senior Client / Program Manager
Expertise: Geologist|Reservoir Engineering
Location: Seattle, WA
Senior Sales Representative - Oil and Gas
Expertise: Corrosion Engineering|Petroleum Engineering|Sales
Location: Harvey, LA
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours