Hardman Resources Mauritania drilling programme
Posted: 15 July 2003
Hardman Resources Ltd (“Hardman”) is pleased to advise
that Woodside as Operator of the PSC Area B joint venture has signed
a letter of intent with Smedvig Offshore AS for the drillship West
Navigator to drill up to four wells in offshore Mauritania during
2003.
The drillship is currently completing work in the North Sea and
the drilling contract is being finalised, after which the rig will
mobilise to Mauritania, where it is expected to arrive the third
week of August 2003.
Following meetings between the PSC Area B partners earlier this
month, the joint venture has agreed to drill two firm wells in the
2003 drilling campaign.
A third well will be proposed in PSC Area B on the basis of a number
of prospects currently under consideration. In addition, a fourth
well is to be drilled in the Dana Petroleum operated PSC Block 7.
Details of the planned wells are:
- Early Development – Appraisal well on Chinguetti: It is
intended to complete this well suitably for long term production
with measures in place to control sand inflow. An extended production
test (1-2 week production period) is also planned. The well would
thereafter be suspended pending commissioning of the production
facilities of the field in late 2005. The information gained from
this early development well is expected to provide confirmation
of the development scheme and has the potential to provide significant
cost savings in the drilling and completion of further development
wells.
- Tiof Prospect (PSC Area B): Targeting Miocene channel sandstones
within structural closure, adjacent to a salt dome, approximately
25 kilometres north of the Chinguetti Field. The prospect is in
1,130 metres water depth and has estimated potential of 153 million
barrels (Mean Recoverable Volume).
- Second exploration well in PSC Area B: A number of prospects
are under consideration including: Tevèt, a Miocene channel
sandstone prospect situated between the Chinguetti and Banda Fields,
and Poune, an Upper Cretaceous prospect. A decision on whether
to drill and the preferred prospect will be made on completion
of further studies and after drilling the Chinguetti well.
- PSC Block 7 well: A large structural closure with multiple
reservoir targets in water depth of approximately 1,700 metres.
The Block 7 joint venture has agreed to drill this well at the
end of the Woodside drilling programme.
Hardman Resources Ltd holds 21.6 per cent and 18.0 per cent equity
in PSC Area B and PSC Block 7 respectively.
For more information see http://www.hdr.com.au/.
Posted by Richard Price,
Editor Pipeline Magazine
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