Anadarko (APC) Reports West Cape Discovery, Successful Tweneboa-4 Testing
Tweet
Share
E-mailGet Alerts APC Hot Sheet
Join SI Premium – FREE
Anadarko Petroleum Corporation (NYSE: APC) today announced a light oil discovery at the Akasa-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana. The well encountered 108 net feet (33 meters) of primarily high-quality, oil-bearing pay from four main Turonian-aged sand packages, similar to those found in the Jubilee and Mahogany East areas. Samples recovered from the Akasa-1 well indicate oil of approximately 38 degrees API gravity.
The partnership also successfully tested the Tweneboa-4 well, which resulted in sustained flow rates of approximately 3,500 barrels of condensate per day (BCPD) and 30 million cubic feet of natural gas per day (MMcf/d). A previous DST at the Tweneboa-2 well achieved flow rates of 6,500 barrels of oil per day (BOPD) and 4.8 MMcf/d. The data from these tests are being used to optimize development plans for the Tweneboa/Enyenra complex. The partnership has mobilized the drillship north to drill an up-dip appraisal well at Enyenra-3A.
The partnership also successfully tested the Tweneboa-4 well, which resulted in sustained flow rates of approximately 3,500 barrels of condensate per day (BCPD) and 30 million cubic feet of natural gas per day (MMcf/d). A previous DST at the Tweneboa-2 well achieved flow rates of 6,500 barrels of oil per day (BOPD) and 4.8 MMcf/d. The data from these tests are being used to optimize development plans for the Tweneboa/Enyenra complex. The partnership has mobilized the drillship north to drill an up-dip appraisal well at Enyenra-3A.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing names Ryan Shedd as new SVP and controller
- Hinge Health signs $86M office lease in San Francisco
- CoVolt Power files for proposed IPO
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
