Continental Focus, International Reach

CAMAC’s Oyo Expansion Project Commences

Monday, September 15, 2014

CAMAC Energy Inc. saw the offshore installation campaign of its Oyo field expansion project commence on September 9. The project consists of the recovery and relocation of umbilicals and flexible flowlines using the Normand Pacific installation vessel. This offshore installation work will be completed by the first week of October to allow the recently drilled Oyo-7 and Oyo-8 wells to be tied back to the FPSO Armada Perdana.

CAMAC temporarily halted drilling with the Energy Searcher drillship, which is drilling the horizontal portion of the Oyo-8 well in the Oyo field. This was due to leaks in some control system hoses of the well’s blow out preventer. Replacement hoses have been ordered and are on route to the drilling site. The company expects to resume drilling operations within two weeks, while the current offshore installation work continues.

As a result of the leaks in the hoses, CAMAC expects the production from the Oyo-8 well in December, while the Oyo-7 well will now come on production in January 2015.


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