Tanganyika Spuds Third Exploration Well in Egypt

Tanganyika Oil Company reports that a third exploration well, West Hoshia-1, has spudded. The drill rig was mobilized from Hoshia-1 and rigged up at the new well location. West Hoshia-1 will be drilled to 2,200 feet to test the Lower Miocene Rudeis sandstone reservoir. The well is located 17 kilometers northwest of the Hana Field and 4 kilometers southwest of Hoshia-1.

The Company has completed drilling 2 exploration wells in the current campaign to date, Fadl-1 and Hoshia-1. Fadl-1 was drilled to a total depth of 5,612 feet and Hoshia-1 was drilled to a total depth of 5,941 feet. Petrophysical logs indicate a potential pay zone of 40 feet in Fadl-1 and 34 feet in Hoshia-1. The Hoshia-1 well is currently being completed with tubing and a downhole pump and will be tested in the coming couple of weeks. Fadl-1 is currently waiting for a workover rig to conduct a cement squeeze job prior to testing.

Gross field production from the Hana Field is approximately 1,900 bopd.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles


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