Addax Spuds Next JDZ Well

Wednesday, December 9, 2009

The next well in Sao Tome and Principe (STP) and Nigeria’s Joint Development Zone (JDZ) has been spud. Addax Petroleum, the operator of Block 4, has commenced drilling the Oki East well. Drilling is estimated to take approximately five weeks, although the actual timing is dependent on many factors, such as drilling penetration rate, fluids encountered, borehole stability and equipment maintenance, among others.

This is the third well in JDZ Block 4 and the fifth well drilled in the JDZ in recent months. Addax is using Transocean’s Deepwater Pathfinder to drill the Oki East location.

The most recent well drilled by Addax in the JDZ was the Malanza 1X well. A comprehensive analysis that incorporates the drilling results into relevant geologic and fluid models will now be carried out.
Other JDZ wells drilled this year in include the Kina well on Block 4, the Lemba 1X well in Block 3, and the Bomu-1 well in Block 2. The partners on these wells are being very closemouthed as no details or results have been issued which leads the industry to wonder just what resources are contained in the JDZ.

Source: http://www.petroleumafrica.com/read_article.php?NID=8774&PHPSESSID=df9eaa783014b9336d95cfa284caf918

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