Ivory Coast Well Comes Up Dry

Africa-focused Tullow Oil reported Thursday that its Calao-1X exploration well in the CI-103 license, offshore Côte d'Ivoire has found hydrocarbons but not in commercial quantities.

Tullow, which is the operator of the CI-103 with a 30-percent interest, said it encountered thin condensate and gas-bearing reservoirs in an Upper Cretaceous deepwater channel system. Good quality reservoir sandstones were discovered, but they were water-bearing. Approximately 16 feet of condensate/gas-bearing sandstones were found.

After a sidetrack – which encountered good-quality water bearing sandstones in another zone – the Calao-1X well is expected to be plugged and abandoned following the completion of logging operations.

The well is the second deepwater exploration well drilled in the CI-103 license. 

Commenting in a company statement, Tullow Exploration Director Angus McCoss said:

"While this is not the result we were aiming for, both the condensate and the reservoirs that we encountered have added substantially to our knowledge in this frontier area. The appraisal of the light oil discovered down-dip in Paon-1X in 2012 will continue later this year with the drilling of the Paon-2A well.

"Having sold some of our equity for carries in the CI-103 licence – a decision that was taken prior to the drilling of the Calao-1X well – our stake in both the Calao-1X and Paon-2A wells has been consequently reduced."



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)
 -  Xodus Wins Apache North Sea Well Contr... (Jan 23)
 -  FAR: SNE 5 Appraisal Well Spuds Offsho... (Jan 23)
 -  Shell to Reshuffle Head of Exploration... (Jan 23)
 -  Scottish Government Reveals New Subsea... (Jan 20)


Most Popular Articles

From the Career Center
Jobs that may interest you
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
 
United States Canonsburg: Service Manager
Expertise: Customer Service|WellSite Supervisor
Location: Canonsburg, PA
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours