GAS

Oil, gas shows at Oil Search's latest Yemen well

OIL Search says elevated gas readings and oil shows have been recorded during coring operations a...

Oil, gas shows at Oil Search's latest Yemen well

These shows were encountered after six cores were cut in the Kholan Carbonate reservoir interval between a depth of 2635 and 2720m.

The Sydney-based company said wireline logs would evaluate the significance of these shows after the well reaches a planned total depth of 3175m.

Yesterday, the well was at a depth of 2720m and was being prepared to drill ahead in 8½-inch hole.

Nabrajah-10 is 1km northeast of the Nabrajah-5 production well. It was designed to further appraise the Kholan dolomite and Basement potential in the Nabrajah-5 fault terrace.

The Nabrajah-5 well, which started production in late November, is producing at a constant rate, under natural flow conditions, of 5200 barrels of oil per day from the Basement.

Participants in the Nabrajah-10 well are DNO ASA, which holds a 56.67% stake, Oil Search (Yemen) which has 28.33% and The Yemen Company (15%).

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