Monthly Focus: Renewable: The Other Energy
Downstream Focus: Smart Plants for the Future
African Focus: Egypt & Niger
Monthly Focus: Renewable: The Other Energy
Downstream Focus: Smart Plants for the Future
African Focus: Egypt & Niger
Noble Energy’s Trema exploration well in the Tilapia license offshore Cameroon reached its targeted depth, encountering reservoir-quality sandstones however, these sandstones were water-bearing. The well is currently being plugged and abandoned.
The company’s total cost of the Trema well is estimated at $35 million of which $20 million will be expensed in Q3 2012 and the remainder in Q4. Noble Energy operated the well with a 50% participation interest in the license.