EXPLORATION

Despite disappointment, Oil Search, Arc continue Yemen exploration

OPERATOR Oil Search has plugged and abandoned its Al Magrabah-1 exploration well in Yemen and pre...

Despite disappointment, Oil Search, Arc continue Yemen exploration

The well produced a small volume of gas and water with trace oil during the second drill stem test.

Al Magrabah-1 is 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%).

Meanwhile in Papua New Guinea, Oil Search has recovered samples of gas from its Juha-4 sidetrack well and has run further logs in the Toro reservoir section to constrain the fluid content deeper in the section.

Current data and samples confirm the presence of gas and the company will run a final log to determine the exact vertical extent of the gas column.

Juha-4 is 35km northwest of the Hides gas field. It follows on from the Juha-5 well, drilled in the same segment as the earlier wells.

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

Back in the Middle East, Oil Search's partner in Egypt, Sipetrol International, has received inconclusive reports from the first of four planned drill stem tests at the Rana-1 well and will re-perforate the zone for further testing.

Three more zones will be tested based on cased hole log evaluation that indicates several potential oil bearing intervals in the 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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