They're Finding Oil In Chad Also
(From another poster on another board)
Caracal Updates Chad Activities
Wednesday, July 17, 2013
Caracal Energy Inc. (formerly Griffiths Energy International) issued an update on its assets in Chad. According to the company its Badila production facilities were commissioned and an inauguration ceremony was held by Chadian president Idriss Deby in early-June. The interconnection (hot-tap) with the TOTCO-COTCO export line has been completed, and the transportation agreement is being finalized. The company anticipates approval to start producing at the Badila field this month.
The Badila-3 well was drilled to a total depth of 2,150 meters and cased as a Cretaceous C and D sands producer. Test results indicated that the well is capable of producing about 2,400 bpd and will be brought onstream once facilities are completed to handle the associated water.
A second drilling rig has arrived on location in southern Chad and is expected to spud the Badila-4 development well by the end of July. In addition the 320 sq km3D seismic survey covering the Badila field and the adjoining Bitanda Ridge exploration prospect was completed on schedule and on budget.
With the arrival of the second drilling rig, the company is now able to initiate exploration drilling. A Krim exploration well is expected to spud in August 2013 and a Bitanda exploration well in September 2013.
On the Mangara Field the Mangara-4 development well, spud on March 13, was drilled to a total depth of 2,471 meters. Petrophysical results show 40-60 meters of estimated oil pay in the lower Cretaceous C & D sands. The well was suspended due to hole instability, with plans to re-enter in the near future and complete as a producer.
Its Mangara-5 well was drilled and cased as a lower Cretaceous C & D sands producer. The well was also deepened to 3,339 meters to test the lower Cretaceous E sands, a new exploration horizon below the main Mangara field. Petrophysical results show a potential range of 150-230 meters of estimated net oil pay in the lower Cretaceous E sands. Testing of the E sands has commenced and the first 25 meter interval produced a maximum rate of 815 bpd of 39° API with no water.
At its Kibea development Caracal filed an exclusive exploitation authorization (EXA) application on April 25 and was deemed conditionally approved on May 25 pending submission of an EIA. The EIA is currently underway and potential pipeline routes are being surveyed. A 3D seismic survey over the Kibea field and nearby exploration prospects is scheduled to commence in Q4 2013 or Q1 2014. In addition an appraisal well on the Kibea field is scheduled to spud in Q4 to test deeper horizons and obtain core and fluid samples for development planning and facilities design.
Gary Guidry, CEO of the company said “In 2013 we successfully drilled and tested two development wells in the Badila field and we are currently testing a second well drilled in the Mangara field. The 3D seismic surveys at Badila and Mangara have provided encouraging information, suggesting further extensions of the fields, and validating nearby exploration potential.
“We are ready to commence production at Badila, and anticipate the final authorization this month. Our combined capacity from the first three Badila wells will provide production capacity to deliver at a combined 14,000 bopd to keep our phase one production facilities loaded and production volumes in line with management expectations. We expect the Mangara field to add further production by the end of the year.”
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