Dec 02 2006 |
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Yemen: Safer discovers new oil and gas
A new source of oil and gas has been discovered in Yemen by Safer Exploration and Production Operations Company in Marib governorate, said Khaled Bahah, Minister of Oil and Minerals. Safer has been operating in the area of Block 18, for less than a year. "After remapping the central area of Marib Block 18, a new structure discovery was made in the area southwest of Alif Field.The new discovery field is named Wadi Saba," Bahah said. According to the company's statement, the first exploration well (Wadi Saba Well No. 1) in this field was drilled by the company in October 2006, to a total depth of 7115 feet. The first zone, Sean Sand, encountered 20 feet of net oil pay column, which was tested at 700 Stock Tank Barrels per day of oil. The second zone, Alif Sand, encountered 60 feet of net gas condensate pay column, and was tested at 430 Stock Tank Barrels of condensate per day, with a condensate yield of 29 Stock Tank Barrels per MMSCF.
The third zone, Intra Salt Clastics Sand, encountered 20 ft of net oil column, and this zone is still under testing. As of November 15, 2005, Safer had not inherited proper development plans for the Block 18 producing fields. For that reason, the company is conducting due diligence for Block 18 fields and facilities.
It has also signed a contract with reputed companies to carry out a full field development study for Alif field. Similar studies will be conducted for other fields in Block 18, in order to evaluate the oil and gas reserves and to properly plan future drilling and production operations in the area.
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