Cairn Energy has flowed oil from its SNE-2 well offshore Senegal. Drillstem testing of a 39-ft interval achieved a maximum stabilized but constrained flow rate of 8,000 B/D of high-quality pay. A flow rate of 1,000 B/D of relatively low-quality pay was achieved from another zone. Drilled to appraise a 2014 discovery, the well lies in the Sangomar Offshore block in 3,937 ft of water 62 miles from shore. Drilling reached the planned total depth of 9,186 ft below sea level. Cairn has a 40% interest in the block with the other interests held by ConocoPhillips (35%), FAR (15%), and Petrosen (10%).
Tullow’s Etom-2 well has discovered oil in Block 13T of northern Kenya. Drilled to a 5,429-ft final depth, the well found 334 ft of net pay in two columns while probing an untested fault block identified by 3D seismic. The presence of high-°API oil was indicated by oil samples, cores, and log data, and the reservoir quality is the best discovered so far in the South Lokichar Basin, the company said. With a 50% interest, Tullow is the block’s operator and Africa Oil holds the remaining interest.
Woodside has discovered gas at the Shwe Yee Htun-1 well in Block A-6 of the Rakhine Basin offshore western Myanmar. The presence of 49 ft of net pay in the target zone was indicated by interpretation of the results, and a gross gas column of 423 ft was encountered, the company said. Further analysis of the discovery is expected. Woodside, the operator, has a 40% stake in the block with the remaining interest held by MPRL E&P (20%) and Total (40%).
Chevron has begun gas production from two new wells in the Bangladeshi state of Sylhet in an effort to ease the chronic energy shortage in the country. The company is producing an initial 130 MMcf/D from a well in the Jalalabad field, situated 175 miles from the capital Dhaka, and was set to begin producing from a second well at the beginning of the year.
Quadrant has found condensate-rich gas at the Roc-1 well in the WA-437-P permit offshore Western Australia. Reservoir-quality sands, including a net hydrocarbon interval of 33 ft, were confirmed by wireline logs from a zone between 14,370 ft and 14,501 ft. Pressure tests identified at least three discrete hydrocarbon columns in that zone, and formation fluid samples indicated a condensate ratio ranging from 20 bbl to 40 bbl per million cubic ft of gas. Quadrant is the permit operator with a 40% interest. Carnarvon Petroleum, JX Nippon, and Finder Exploration each hold 20% stakes.
TAQA, a company controlled by Abu Dhabi National Oil Company, has produced first oil from the Cladhan field in the United Kingdom North Sea. Situated 60 miles northeast of the Shetland Islands in 490 ft of water, Cladhan has been developed as a subsea tieback to TAQA’s Tern Alpha platform and is expected to reach an initial production capacity of more than 17,000 BOE/D. The field operator TAQA has a 64.5% interest in Cladhan. The other interests are held by MOL Group (33.5%) and Sterling Resources (2%).
Premier Oil said in late December that it expected to produce first oil from the Solan field in the West of Shetlands area offshore the UK in January. The originally planned startup in the fourth quarter of last year was delayed by adverse weather conditions, the company said. Premier has a 100% stake in the field, which is expected to achieve a plateau production rate of between 20,000 B/D and 25,000 B/D.
Statoil is developing a USD 940-million project to help produce the remaining reserves of the company-operated Oseberg field in the North Sea, despite the collapse in oil prices. The Oseberg Vestflanken 2 project will incorporate Norway’s first unstaffed wellhead platform as a tie-in to the Oseberg field center platform complex. Slated to start up in 2018, Vestflanken 2 is expected to recover an additional 110 million BOE and can break even financially with oil at USD 32/bbl, the company said. Statoil has a 49.3% interest in Oseberg with the other interests held by Petoro (33.6%), Total (14.7%), and ConocoPhillips (2.4%).
Lundin has discovered oil at the 16/1‑25 S well in production license area PL338C in the central North Sea area of the Norwegian Continental Shelf. A well test achieved production of 265 B/D through a 36/64‑in. choke. A gross oil column of 98 ft was identified along with a petroleum system that data indicate is in communication with the company’s 2009 Edvard Grieg South discovery. Additional studies of the latest find will be needed. The license operator, Lundin has a 50% interest in the well with the other interests held by Lime Petroleum (30%) and OMV (20%).
Saudi Aramco is delaying some projects to focus on higher priority initiatives as it emphasizes cost controls and budget tightening to deal with an expected long period of lower prices, the state oil company’s magazine the Arabian Sun said on 30 December. Since late 2014, the company has slowed or cancelled various projects, sought discounts on existing contracts, and recently asked oil service companies to extend discounts into this year. Chief Executive Amin Nasser said that Aramco would emphasize long-term growth strategies such as expansion in refining and chemicals and meeting Saudi Arabia’s growing energy demand.
Pemex made two shallow-water oil discoveries in the second half of last year that are eventually expected to produce combined 40,000 B/D, the company said. The discoveries will add 180 million BOE to Pemex’s proved, probable, and possible reserves. The exact locations of the discoveries, the type of oil found, and the timetables for field development were not given.
Ecopetrol, Colombia’s state-controlled oil and gas company, plans to reduce production this year as a result of a 40% cut in its investment budget necessitated by low oil prices. Targeted production of 755,000 BOE/D this year is down from a target of 760,000 BOE/D a year ago. The company has budgeted USD 4.8 billion for investment, compared with USD 6.7 billion last year.