Rialto Energy: Encouraging Oil Shows at Gazelle-P4 Well (Ivory Coast)

Rialto Energy: Encouraging Oil Shows at Gazelle-P4 Well (Ivory Coast)| Offshore Energy Today

Rialto Energy Limited, an international exploration and production company has drilled the Gazelle-P4 Development Well, offshore Côte D’Ivoire to the the planned final depth of 3522m MDRT (2720m TVDSS).

This has taken 28 days from spud to TD. According to the company’s report the well has encountered encouraging oil and gas shows through the Upper Cenomanian and gas shows through the Lower Cenomanian reservoir intervals.  These will now be evaluated by wire line logging, fluid and pressure sampling to properly evaluate the shows, and identify potential test intervals.

Rialto will now release the Transocean GSF Monitor jack-up rig to focus on the FEED for the Gazelle field development and to further refine exploration options for its Cote d’Ivoire acreage.

Rialto is the Operator (85% working interest) of the CI-202 block offshore Côte d’Ivoire. The CI-202 block contains the Gazelle Field, which is the current focus of development, with first production expected by early 2014.

A Competent Person’s Report completed in September 2011 by RPS Energy Services in relation to CI-202 certified Total Mean Contingent Resources of 50 MMbbls of liquids and 396 Bcf of gas, in addition to Total Mean Prospective Resources of 511 MMbbls of liquids and 1,785 Bcf of gas.

Rialto Energy: Encouraging Oil Shows at Gazelle-P4 Well (Ivory Coast)| Offshore Energy Today.

Advertisements

Posted on August 23, 2012, in Africa, Ivory Coast, West Africa and tagged , , , , , , , , , , , . Bookmark the permalink. Comments Off on Rialto Energy: Encouraging Oil Shows at Gazelle-P4 Well (Ivory Coast).

Comments are closed.

%d bloggers like this: