Horizon Oil drilling update
Posted: 3 May 2006
Wei 6-12 South Well, Beibu Gulf, Offshore China
Drilling continues on the Wei 6-12 South exploration well on Block 22/12, in which Horizon Oil has a 30 per cent interest.
The well is located in about 30 m of water about 3 km southwest of the 2002 oil discovery, Wei 6-12-1.
At 0600 hrs on 3 May 2006 the well was drilling ahead in 8.5 inch hole above the first target reservoir at a depth of 1,678 m, having successfully set and cemented 9.625 inch casing.
The well is expected to take a further 10 days to drill to a total depth of 2,530 m.
The Wei 6-12 South prospect has mean unrisked potential of 19 mmbo and is one of a cluster of prospects surrounding the Wei 6-12-1 oil discovery well, with combined potential of 40 – 50 mmbo.
These prospects are well supported by seismic attribute anomalies, which have been calibrated on the nearby Wei 12-1 producing field.
Posted by Richard Price, Editor, EnergyME.com
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