Tullow's Ivory Coast Well Hits Water

Africa-focused Tullow Oil reported Wednesday that its Paon-2A appraisal well on the CI-103 license, offshore Côte d'Ivoire, has found water below the oil accumulation discovered at the Paon-1X well and that pressure logging has located the likely oil-water contact.

Following completion of logging operations the well will be plugged and abandoned.

Tullow Exploration Director Angus McCoss commented in a company statement:

"The Paon-2A well has efficiently identified the likely depth of the oil water contact and we are reviewing the resource range and our future monetization options. The well did not encounter oil at this location, reducing the upside volume potential associated with the Autruche field. However, including the up-dip potential above Paon-1X, the total hydrocarbon column of the field is inferred to be up to 700 meters [2,300 feet]."



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
 -  OTC 2016: Get To Know Houston Like An ... (Apr 29)
 -  OTC 2016: Want to Drink Like A Local? ... (Apr 29)
 -  Five Things to Do at OTC 2016 (Apr 29)
 -  CNOOC's 1Q 2016 Revenue Falls to $3.8B... (Apr 29)
 -  SHI Receives Shell's Termination Notic... (Apr 29)


Most Popular Articles

From the Career Center
Jobs that may interest you
Driller
Expertise: Driller
Location: Houma, LA
 
Temporary-Subsea Engineer
Expertise: Subsea Engineer
Location: United States
 
Subsea Engineer (Offshore Drilling)
Expertise: Subsea Engineer
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $48.13/BBL 0.02%
Light Crude Oil : $45.92/BBL 0.23%
Natural Gas : $2.17/MMBtu 4.83%
Updated in last 24 hours