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Equatorial Guinea : Completion of drilling for gas in the Sothis well.

Communique from the Ministry of Mines, Industry, and Energy, announcing the completion of drilling in the exploratory well EG-01-1, in the Sothis Prospect of Block EG-01, operated by Oleo&Gas, in the River Muni basin. The entire text is published below.

Discovery of accumulations of gas in the Sothis EG-01-1 well, drilled by the company Oleo and Gas, in Block EG-01, located in the River Muni basin.

The Ministry of Mines, Industry, and Energy has the pleasure of announcing the completion of the drilling work in the exploratory well EG-01-1 in the Sothis Prospect of Block EG-01, operated by Oleo&Gas.

Well EG-01-1 falls within the work programme of the first sub-period of exploration of block EG-01. The operations began on 14th March 2016, with the drilling platform Saphire Driller. The well had two targets, the first was located in the Campanian at an average depth of 1,478 metres, and the second target was located in the Turonian below an average depth of 1,588. The initial approach of the company consisted in testing through this well the low-risk prospects, in order to better evaluate the oil-producing system in the block. The well has passed through a gaseous area from 1438 to 1453.5 m in the 8.5 inch well section. The gas-oil contact is well defined at a depth of 1451,2 m. In the interval 323 - 1323 m, section of 12'', gaseous hydrocarbons were found from 359 m to 595 m, with 70 metres of net pay, effective porosity of 33%, and an average hydrocarbon saturation of 59%.

In the interval 1323 to 2200 m, 8.5'' section, 8.8 m net pay was crossed, with an effective average porosity of 48.5%, and a gas saturation of 66%.

The company is continuing with its evaluation of the results obtained from this first exploratory well in block EG-01.

In the words of the Minister" The results from this well imply a new phase in the development of the Hydrocarbon sector in Equatorial Guinea, and above all the accumulations of gas discovered in the area of the Continental Region will serve to promote and support the development of the National Energy sector".

This Ministerial Department is waiting for Oleo&Gas to submit a plan to continue with the exploration work in the block".

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Publication:Mena Report
Date:Jun 9, 2016
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