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Page added on July 17, 2007
Nigeria: Addax Petroleum’s Oml 137 Yields Oil/Gas Discoveries Offshore
ADDAX Petroleum Corporation has announced the discovery of oil and gas in the Ofrima North structure and gas in the Udele West structure, both located in Oil Mining Lease (OML) 137, offshore Nigeria.
A statement released by the company disclosed that the Ofrima-2 exploration well, drilled on the Ofrima North structure, discovered a 140 feet gross oil bearing interval at a depth of approximately 7,000 feet subsea.
Based on static pressure data measurements, the Corporation anticipates the presence of a light oil of approximately 39 degrees API, similar to the crude oil produced from the Okwori and Nda fields in the Corporation’s adjacent OML126.
In addition, the well encountered three gas-bearing intervals with individual gross gas columns of 29, 43 and 158 feet at shallower and deeper depths relative to the oil-bearing interval. The Ofrima-2 well was spudded on April 6, 2007 and suspended on May 31, 2007.
A second exploration well, Udele-2, was drilled on the Udele West structure immediately following the suspension of the Ofrima North discovery well.
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