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.

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