Another good discovery – What New in Exploration – for Amerada Hess, offshore Equatorial Guinea – Brief Article
Perry A. Fischer
Amerada Hess reported a new oil field offshore Equatorial Guinea on Block G in Rio Mum basin. The Akom discovery was made in the G-7 well and encountered 162 ft of net oil pay. The well was drilled to a TD of 8,140 ft in about 1,456 ft of water. G-7 is located about 12 mi northeast of Amerada Hess’ Ceiba field and 2 mi southeast of the recently announced Ebano discovery. The, well encountered reservoirs similar in quality to those of the Ceiba and the Okume, Oveng and Ebano discoveries, with comparable porosity and permeability.
Development options are being evaluated for the Okume, Oveng, Ebano and Akom discoveries while exploration. drilling continues. The imminent arrival of a third drilling rig, the Sovereign Explorer, will permit acceleration of drilling offshore Equatorial Guinea. Amerada Hess is operator of Block G and adjacent Block F with an 85% working interest. Energy Africa of South Africa has the remaining 15% working interest. The government of Equatorial Guinea has a 5% carried interest in Ceiba field production and would have a carried 5% participating interest in any Okume, Oveng, Ebano and Akom area commercial production.
COPYRIGHT 2002 Gulf Publishing Co.
COPYRIGHT 2002 Gale Group
