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    VOG Spuds Cameroon Wells

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Summary

Gaz du Cameroun, the upstream arm of UK-listed Victoria Oil & Gas (VOG), said November 2 it has spudded two development wells (La-107 and La-108)...

by: Mark Smedley

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Natural Gas & LNG News, Africa, Corporate, Litigation, News By Country, Cameroon, United Kingdom, United States

VOG Spuds Cameroon Wells

Gaz du Cameroun, the upstream arm of UK-listed Victoria Oil & Gas (VOG), said November 2 it has spudded two development wells (La-107 and La-108) in its already gas-producing Logbaba field near the Cameroon port city of Douala.

One of the wells, La-107, will twin the La-104 well drilled in 1957. The other, La-108, will be a 'step-out' well intended to prove up more probable reserves.  Both will be drilled from a drillpad adjacent to the Logbaba processing plant and tied into the latter once completed.

Logbaba development wells spudded (Photo credit: Victoria Oil & Gas, November 2 2016)

Drilling by the Komako-1 drillrig, owned and operated by Savannah Oil Services Cameroon, is scheduled to finish in 2Q 2017. VOG said the two wells together will cost $40mn, to be funded by revenue and partner contributions.

Octogenarian oilman Jack J Grynberg's Denver-based RSM Production Corp, which has a 40% interest in the Logbaba concession, three months ago referred a dispute with VOG over the cost and contractor it selected to drill the new wells to international arbitration.

Sound progresses Tendrara drilling

Meanwhile in northeast Morocco, UK-listed Sound Energy on November 2 released the results of an initial unstimulated well test on Tendrara well TE-7 that it finished drilling a month ago. The test produced 8.8mn ft³/d, which the company said was “significantly better” than it had expected. Results of a post-stimulation well test are expected to be released in mid-November and be followed by an extended well test.

 

Mark Smedley