Petroleum Africa
Find us on: 
Friday, September 16, 2005
Mart Resources reported that development plans for its oil fields in the Niger Delta are on schedule to commence in the fourth quarter of 2005. At Umusadage, Mart and its partner plan to drill two new wells based upon analysis of dat from the previously drilled N2 well, which initially flowed on test 2,654 bpd. Drilling operations should commence in November of this year. At Qua Ibo the company anticipates drilling two wells. Development plans for both of these fields entail the early procurement and installation of production facilities with crude oil being exported to nearby third-party infrastructure.
At Eremor, where Mart and its partner, Excel, re-entered and tested the Eremor #1 well at a rate of 940 barrels of oil per day, Mart and Excelthe pair are presently finalizing a detailed field development plan.
To facilitate the drilling, re-entry and well completion demands of Mart’s aggressive development program, the company has acquired a majority interest in a drilling rig that has been specifically modified to withstand the unique and varied conditions presented in the Niger Delta. The rig is presently en route to Nigeria and upon arrival will be poised to play a major role in Mart’s exciting fourth quarter expansionary plans.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
