DRILLING

First Yemeni wildcat spuds for Arc

A YEMEN joint venture, which includes Arc Energy and Oil Search, has spudded the Al Magrabah-1 ex...

First Yemeni wildcat spuds for Arc

Al Magrabah-1, in Block 35 in central-eastern Yemen, is a vertical well designed to intersect the Qishn Clastics at a depth of about 1771m on the mapped structural crest of a structure.

Arc and its partners expect to take 38 days to drill and complete the well that has a planned total depth of about 3039m. It is Arc’s first well in the region.

While the Qishn Clastics are the primary target, secondary targets are the fractured-karstified Saar and Naifa formations, Kuhlan sandstone-weathered basement, and fractured metamorphic basement.

“We are extremely pleased to be involved in our first well in Yemen on a prospect we see as having good potential for an oil discovery,” said Arc managing director Eric Streitberg.

“If successful, this well would give us our first international production in an area with good commercial returns and well-developed infrastructure.”

Streitberg said Arc was participating in three blocks in Yemen, having also recently been granted Yemeni government approval for Blocks 7 and 74.

Participants in Block 35 are operator Oil Search (Yemen) (34.2105%), Virgin Resources (39.4737%), Arc Energy (15.7895%), and MND Exploration and Production (10.5263%).

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry