Oudeh
field development program update
Posted: 7 April 2004
Tanganyika Oil Company Ltd reports that preparations are being
made to commence drilling the Company's first horizontal well in
the Shiranish Reservoir of the Oudeh Field in Syria. The Oudeh Field
is a large development block located in northeastern Syria containing
an estimated 2.4 billion barrels oil in place (Sproule, June 2003).
A contract for the drilling of the first two wells has been signed
with ADWOC (Arab Drilling and Workover Company) and location preparation
has commenced on a multiple well drilling pad, which will have the
capacity to accommodate the drilling of six wells thereby minimizing
the cost of rig moves. Initial plans are to drill two wells into
the top section of the Shiranish reservoir. Please see attached
map.
These two wells will initially be tied into the existing flowline
from Oudeh#1H to the nearby central production facility.
Work has commenced on the design of a satellite production facility
that will be situated adjacent to the drilling pad and that will
enable production from the six new wells, the existing horizontal
Shiranish producer OD#1H and the K-Dolomite producer OD#129 to be
commingled. The satellite production facility will allow for the
testing of individual wells, the heating of the oil to allow ease
of pumping to the central processing facility in the winter and
for the addition of the lighter K-Dolomite oil into the heavier
Shiranish production stream, which will enhance its flow capability.
This is an upgrade of the pilot concept currently being successfully
trialed on the Shiranish producer OD#107 and it is envisaged that
the future development of the Oudeh field will be based on the drilling
pad and satellite production facilities concept.
Work has also commenced on the installation of two, fully instrumented,
500 cubic meter fiscal oil storage tanks, at the central production
facility. Installation of these two tanks will enable Tanganyika
to more accurately meter its exports into the SPC export system.
These tanks, which are being built under an incentivised construction
contract, are expected to be in service within fifty days.
Tanganyika Oil is a Canadian oil and gas company with production
and exploration assets in Egypt and Syria. Its shares are traded
on the TSX Venture Exchange and Swedish Depository Receipts trade
on the Nya Marknaden of the Stockholm Stock Exchange. Gross field
production from the Hana Field in Egypt is currently averaging approximately
1,700 barrels of oil per day. Development of the Oudeh Field in
Syria is underway with current gross field production at 1,400 bopd.
Independent technical evaluations from Sproule International Limited
and Computer Modeling Group Ltd. estimate the Oudeh Field to contain
2.4 billion barrels of oil in place and indicate potential production
levels of over 30,000 barrels of oil per day upon full development.
For more information see http://www.tanganyikaoil.com
Posted by Richard Price,
Editor Pipeline Magazine
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