Continental Focus, International Reach

Completions Underway for UMU-14H

Wednesday, August 26, 2015

Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas and SunTrust Oil saw average flows from Nigeria’s Umusadege field of 18,460 bpd during July. The average field production based on producing days was approximately 18,940 bpd for the month.

There were shutdowns of the NAOC export pipeline during July 2015 due to operational interruptions for general pipeline maintenance and repairs due to vandalism, but ongoing production from the Umusadege field was managed by the ability of Midwestern, the operator, to alternate production between the Trans Forcados and NAOC export pipelines.

As previously announced, the UMU-14 horizontal (UMU-14H) well was spud on July 12 and was drilled to target the oil-bearing VIII sand. This is the second horizontal well targeting the VIII sand, the first being UMU-12 horizontal well drilled in 2014 that targeted the VIII sand in the central area of the Umusadege field. The UMU-14H well was drilled from an existing drilling pad location and directionally steered to access the VIII sand in the central-east area of the Umusadege field.

The UMU-14H well was successfully landed in the VIII sand and the horizontal section drilled to a total horizontal length of 1,000 feet. The well reached total depth of 9,280 ft on August 10, 2015. Completion operations are currently underway, which will be followed by initial clean up and flow testing.

After drilling and completion of the UMU-14H well, the operator plans to conduct multi-rate production tests and bottom hole pressure buildup surveys for the completed intervals of both the UMU-8 and UMU-14 wells.


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