Equatorial Guinea: Noble Energy to Replicate Aseng Success at Alen Project
- Business & Finance
Noble Energy today reported that it achieved first production at Aseng project offshore Equatorial Guinea in less than three years from sanction, while delivering a world-class project seven months ahead of schedule, 13 percent below budget, and with an excellent safety record.
Transferring the learnings from Aseng, the Company intends to replicate its project success at Alen. The project remains on schedule for first production in late 2013 with net production of 20 MBbl/d.
Noble Energy said it expects its West Africa liquids production to more than double by 2014 with the addition of Aseng and Alen.
Noble Energy and its partners have also made a new oil discovery at the Carla prospect in Block O offshore Equatorial Guinea. The discovery well encountered a total of 26 net feet of oil pay in high-quality upper Oligocene sands below the Alen field. Located in approximately 1,900 feet of water, the Carla well was drilled to a depth of 11,500 feet.
Offshore Energy Today Staff , November 15, 2011; Image: Noble Energy