Soco discovers oil offshore Congo
- Business & Finance
Soco International has made an oil discovery offshore the Republic of Congo (Brazzaville).
The discovery was made at the Lidongo X Marine-101 (“LXM-101”) well in the Congo basin.
The LXM-101 well is located in the Marine XI Block, 23 kilometres north west of Pointe Noire in a water depth of approximately 45 metres.
The well encountered oil in a clastics sequence in the Djeno sand formation with drilling shows and early log interpretation indicating approximately a 50 metre gross interval.
Soco has explained that due to the tight nature of the reservoir sands a 20 metre section has been selected for testing. The zone will be tested after a 7″ liner is set and cemented. Testing, including utilising a stimulation frac, is expected to take approximately three weeks. After the completion of testing there will be a further release with results.
The well, spudded in August 2014, was drilled using the jack-up drilling rig Noble Percy Johns.