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Tap Oil: Development drilling commences in Manora

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Oilfield Technology,

Mubadala Petroleum, Operator of the G1/48 concession containing the Manora Oil Development, has advised that at 11.15 am on 22 March 2016 the Atwood Orca jackup drilling unit began drilling MNA-16 the first of two planned development wells.

Following the commencement of Manora production in November 2014, and following a review of results from the initial development drilling programme, the Manora joint venture partners agreed in April 2015 that two Manora producer wells would be deferred. The MNA-15 and MNA-16 wells have now been scheduled and will be drilled to final total depths of 2571 m and 2824 m (measured depth) respectively and will be completed with electric submersible pumps (ESPs).

Drilling and completions estimate

Drilling and completion is expected to take ~17 days for each well provided no trouble is encountered. The two development wells are expected to increase Manora production performance. Tap has 2P reserves of 4 million bbls (13.2 million bbls gross) as at 31 December 2015 booked for Manora (ASX release 26 February 2016).

Follow development drilling and production performance, Tap will review these reserves and contingent resources. The operator also intends to drill an exploration well in the G1/48 Concession immediately after the conclusion of the two development wells.

Tap has not yet confirmed its participation in this well. Tap will make scheduled announcements upon commencement of drilling and completion of the development wells. Tap’s next expected announcement is at the completion of both MNA-15 and MNA-16 drilling.

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Adapted from a press release by Louise Mulhall

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