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Monday, 06 October, 2008, 13:20 GMT | more prices >>

Mauritania players polish offshore bits



By Upstream staff 

Partners in two production sharing contracts in Block 6, off Mauritania, are preparing to drill two major exploration and appraisal wells, minority stakeholder Roc Oil said today.

Roc said the semi-submersible drilling rig Atwood Hunter was set to spud the Khop-1 exploration well in Area C of the Block 6 PSC, next month.

The well, to be sunk about 70 kilometres offshore in 925 metres of water, will be drilled to a total depth of 4320 metres, targeting Albian-age sandstones.

Roc said estimates for the amount of oil in the structure ranged from 100 million to 1 billion barrels. It aid Malaysia’s Petronas would operate the well.

A second well, to be drilled in Area B of the block, will appraise the 2002 Banda oil and gas discovery, the company said. That well is expected to be drilled in April of this year.

Partners in Area C of the block are Petronas' Mauritania unit, the block’s operator with a 37.6% stake, Petronas Carigali Overseas, with a 35% stake as well as Hardman Petroleum (18.4%), Roc Oil (5%) and Planet Oil (4%).

Partners in Area B of the block are operator Petronas Carigali Mauritania (53.8%), Hardman Chinguetti Production (21.6%), Mauritania Holdings (11.6%), Premier Oil (6%), Roc Group Companies (3.7%) and FP Mauritania (3.2%).


Wednesday, 13 February, 2008, 03:13 GMT  | last updated: Wednesday, 13 February, 2008, 07:47 GMT

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