TransGlobe Energy extends exploration in Yemen
Canada’s TransGlobe Energy Corporation has successfully extended the Tasour #10 well on Block 32 in Yemen. The company has a 13.81 percent working interest in Block 32.
The Tasour #10 well was directionally drilled to test a significant western extension of the Tasour field. The Tasour #10 well found oil in the main Qishn S-1A producing zone. The well was placed on production at a rate of approximately 1,200 barrels of oil and 3,750 barrels of water per day.
This discovery has extended the mapped Tasour field length from 3.3 kilometers to approximately 6.8 kilometers. The well is connected by pipeline to the Tasour Central Production Facility. With the addition of Tasour #10, the Tasour field is producing approximately 20,000 bpd with all wells at full capacity.
Additional seismic reprocessing and re-mapping work is underway to select new drilling locations in the Tasour #10 western field extension area. It is anticipated the first of these locations will commence drilling in the fourth quarter 2003. The Tasour #10 well results are expected to increase the reserves assigned to the Tasour field. A third party engineering firm will conduct a reserve evaluation by year-end.
Engineering evaluation is underway on the An Nagyah light oil discovery to determine field reserves and project economics, which are expected to lead to a commercial development. It is anticipated that the evaluation will be completed by September or October of this year. — (menareport.com)
© 2003 Mena Report (www.menareport.com)