Continental Focus, International Reach

Tullow Hits Gas/Condensate in Mauritania

Thursday, February 13, 2014

Tullow Oil encountered 30 meters of net gas-condensate while drilling the Frégate-1 well on the C-7 license. The well, spud in August, was drilled to a total depth of 5,426 meters targeting new, deeper plays in the offshore Mauritanian basin.

The Frégate-1 not only encountered gas-condensate but also oil pay in multiple sands. The data from the well will now  be integrated with Tullow’s regional 3D seismic surveys.

The well is being plugged and abandoned and the rig will move to drill the Tapendar prospect in Block C-10. This wildcat well has achieved an important technical breakthrough by establishing a new oil play in deepwater Late Cretaceous turbidites. While encouraging, further assessment and analysis will be required before follow up activities.

The approval of a field development plan by the government of Mauritania has allowed good progress to be made on the Banda gas-to-power development. EPC bids have been received and pre-award negotiations are ongoing with contractors. Commercial discussions on the Gas Sales Agreement and associated Power Purchase Agreements are ongoing and are critical to the final sanction of this project.

Tullow also reported that its net production from the Chinguetti field in Mauritania, which is a separate play type from its exploration interests, averaged just over 1,300 boepd in 2013, which is in line with expectations.


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