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Tuesday, August 20, 2013
Marathon Oil Corp. participated in a discovery offshore Gabon. The company said that the pre-salt Diaman-1B exploration well offshore Gabon on the Diaba License encountered 160-180 net ft of hydrocarbon pay in the deepwater pre-salt play. Preliminary analysis suggests that the hydrocarbons are natural gas with condensate content, pending results of ongoing analyses of well data.
The Diaman-1B well, drilled to a total depth of 18,323 ft in approximately 5,673 ft of water, successfully confirms the existence of a working petroleum system and is the first discovery drilled in the deepwater portion of the pre-salt play. Diaman-1B is located over 60 miles away from the nearest other pre-salt commercial discovery.
The operator and partners are currently evaluating the well results and incorporating them into an overall evaluation of the Diaman-1B discovery. The well will be temporarily abandoned pending further analysis of the data.
Marathon Oil holds a 21.25% non-operated working interest in the Diaba License. Partners include Total Gabon as operator, Cobalt International Energy, L.P., and Gabon holds the remaining 15%.
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