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Candax moves ahead at El Bibane
By Upstream staff
Canada's Candax Energy has completed drilling of the vertical section of the El Bibane-4 production well off Tunisia and has moved on to start drilling the horizontal section.
El Bibane-4 was drilled to a total depth of 2298 metres and measured data was logged, Swedish joint venture partner PA resources said.
The result from the drilling revealed a gross oil column of between 25 and 30 metres, which is thicker than earlier anticipated.
PA said it estimated production at the El Bibane well to begin by the end of the year.
Wednesday, 10 October, 2007, 07:18 GMT | last updated: Wednesday, 10 October, 2007, 08:22 GMT
