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Monday, July 8, 2013
Cygam Energy reported that it has suspended its El Bell-1 exploration well in Tunisia. The well is located on the Sud Remada permit. The well was spud June 6, drilled to a total depth of 1,375 meters, evaluated and rig released on June 24 at an estimated gross cost of $3.4 million.
The company said the well has been cased and suspended pending further analysis of wireline testing information. Depending on the results of further interpretation, the well will either be completed and production tested in the target Ordovician zone, completed for use as a water source well in a shallow water bearing zone, or abandoned.
The rig used to drill the El Bell-1 well, the Foradex 14, has been moved to Cygam’s BBT where it will perform completion and workover operations for approximately 10 days prior to moving to the next development well location, the TT20. This well will be the third of a planned six to seven wells in Cygam’s 2013 drilling program on the TT Field.
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