SOCO tests Congo find

SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has successfully completed testing the exploration well Lidongo X Marine 101 ST1 well (LXM-101).

 

The well "significantly exceeded" pre-test expectations, reaching a post stimulation frac peak rate of 5174 bbl/d and 3.65MM cu ft gas per day.

 

As previously announced, the LXM-101 well, 23km northwest of Pointe Noire in a water depth of approximately 45m, was drilled to a total depth of 2665m. The well encountered oil in a clastics sequence in the Djeno sand formation with drilling shows and early log interpretation indicating approximately a 50m gross interval.

 

The test, over a perforated 20m section, produced at a stable average flow rate of 4800bbl/d and 3.5MM cu ft/d on a 56/64in fixed choke with a flowing wellhead pressure of 778 psi following the successful execution of the stimulation frac. The oil quality was 32 degrees API.

 

The well results will now be analysed in order to determine the continuity of the well with the nearby discovery in the Marine XII Block.

 

SOCO EPC holds a 40.39% interest in the Marine XI Block. Project partners are WNR (23%), SNPC (15%), AOGC (13.11%) and PetroVietnam Exploration and Production (PVEP) (8.5%).