BG discovers oil in Tunisia
The British Gas Tunisia has confirmed an oil discovery at the Hasdrubal South West-1 well in the Gulf of Gabes. The Group tested light oil from the Tertiary El Garia Formation, reported a press release.
“This well has shown that the Hasdrubal field extends to the south west as we had hoped. We will now evaluate the results of the well in preparation for submitting a plan of development as soon as possible. Our target for first production of these important Tunisian reserves remains for 2006," stated Peter Haynes, President BG Tunisia.
The well, nine kilometers south west of the Hasdrubal field, was drilled to confirm an extension of this proven accumulation. The Key Manhattan, a Global Santa Fe rig, carried out the drilling. The rig has now moved to the Miskar field where it will drill three additional development wells aiming to improve the reserves recovery and extend the plateau production period of the field.
BG Group has been active in Tunisia for over ten years and supplies approximately 60 percent of the country's gas requirements from the Miskar field. The Hasdrubal South West-1 well was drilled in the BG-operated Amilcar permit with partner Entreprise Tunisienne d'Activités Pétrolières (ETAP). Both companies are also partners in the Ulysse permit.
BG Tunisia operates the Miskar gas field, 125 kilometers offshore in the Gulf of Gabes, and holds a 100 percent interest in the Miskar production concession. Gas is processed at the Hannibal plant and supplied, under a long-term contract, to Société Tunisienne de l'Électricité et du Gaz (STEG), Tunisia's state electricity and gas company. — (menareport.com)
© 2002 Mena Report (www.menareport.com)