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LIVE

Monday, 08 September, 2008, 18:40 GMT | more prices >>

Blowout shuts in Indago well

By Upstream staff

London-Listed Indago Petroleum said RAK Petroleum, the operator of the Al Jariya-1 well on Oman's Block 31, had reported the well has been shut in since striking a zone of high pressure gas on 2 February.

RAK reported that condensates and fluid had flowed to the surface for several hours before the well was shut in with flows being diverted to a blowout containment pit.

Indago said the well, which had reached a depth of 5131 metres, was unlikely to be drilled further without sidetracking around the problem area. It said analysis showed the well had not yet struck the targeted Natih formation.

The company had earlier reported that it expected costs to rise on the well as drilling was proceeding slower than expected.

Indago said RAK was working with a team from well control company Boots & Coots on how to manage high pressure in the well at the surface and conditions at the bottom of the hole.

The company said it would take a further three weeks before RAK could sidetracked the well. As this would likely require specialist equipment, RAK said it was considering moving the rig to drill its next exploration well on the site before returning to the site.

RAK operates Block 31 with a 50% interest, with Indago holding the remaining 50%.