Replies to post #64023 on ERHC Energy Inc (ERHE)

[oil-cowboy]

Its not the size of the rig, its..... oops, my bad. I just excited when I hear Addaxx and rigs in the same sentence. As long as they get a rig in there next year, thats all I care about.

It would be nice to hear some Sinopec plans, I think word from them would very exciting. Sounds like they have lots of cash floating around. Didn't I see a link to a 3.5 billion Russian deal today..?

[Nightdaytrader]

Scarabeo 3 used at water depth 8,850ft - see article below.

ND9
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ENI finds oil offshore Congo
21-11-01 ENI-Agip has made an oil find in its deepwater Awa Marine-1 field offshore Congo. The well encountered an oil column of 170 mm (557.6 ft), and during a production test flowed at 3,800 bpd of oil.
In the near future, a second well will be drilled to enable a more in- depth evaluation of the discovery. The field production will be transported through the infrastructures already existing at the Djeno terminal, near the new field. At water depths of about 2,700 mm (8,850 ft) the operation was performed using Saipem's semisubmersible rig Scarabeo 3 and completed in 30 days.

ENI has been operating in these waters since the 1960's, and the discovery is in a mature exploration area. ENI's production in Congo is about 75,000 bpd of oil, mainly from the Kitina, Foukanda, MWafi, Loango and Zatchi fields, all operated by ENI.
Partners are: Agip Congo with 72 %, and Sasol and Societe Nationale des Petroles du Congo with the remaining interests.



Source: Hart's European offshorepetroleum newsl/PBI Media

[pappin]

Pup upstream is reporting that Total may use Stena (now in GOM) to drill Akpo. Then does that leave DWD open because it was originally slated for akpo drilling or as usual Upstream comes up short again,...... and again.

Also I think Obo info may be public(maybe)...... the potential drilling of main target in the future. But I will try and see if they are keeping it a lid or not.