DRILLING

Oil Search set to test Yemen well

YEMEN partners Oil Search and Arc Energy are preparing to test oil shows at its onshore Al Magrab...

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Oil shows were observed in two zones of the lower Nayfa section, one of the secondary targets at the well.

Oil Search, as operator, faced early disappointment at the well after an intermediate logging run over Qishn Clastics, the primary target, failed to find any hydrocarbons.

Al Magrabah-1 is located in Block 35 about 55km northeast of the Nabrajah field.

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%).

In other news, Oil Search has drilled its Juha-4 sidetrack well in Papua New Guinea to a depth of 2451m and is preparing for a wiper trip before it resumes drilling.

The well is targeting the Toro reservoir at a depth of about 3200m.

Oil Search is operator with a 31.5% stake in Juha-4, while ExxonMobil holds a 56% interest and Merlin Petroleum has 12.5%.

In Egypt, Oil Search’s partner Sipetrol International's Rana-1 exploration well has been drilled to a current depth of 3400m.

The well is the third in an extended drilling program at the East Ras Qatara block this year and is expected to be drilled to a total depth of 3711m to test the Cretaceous Abu Roash, Bahariya and Kharita formations.

Oil Search holds a 49.5% interest in Rana-1 while Sipetrol, the operator, has 50.5%.

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