Petroleum Africa
Find us on: 
Tuesday, October 10, 2023
PetroNor E&P reports that all five Tchibeli infill wells have now been drilled, completed and stimulated at the PNGF Sud field complex in Congo. Two have been put on production with initial rates at or above expectation and one on water injection.
The two last wells will be put on production within the next few days. Fourth quarter production is therefore forecasted to see an additional increase in production.
The company states that third quarter net to PetroNor production was 5,118 bopd, compared with 4,130 bopd in the same period in 2022, yielding an average YTD production of 5,119 bopd (subject to final allocation adjustments). These numbers include 10 days of additional production from the Tchibeli infill drilling program.
The company also confirmed that 337,221 barrels of oil were lifted and sold from the Djeno Terminal on October 4, bringing the total 2023 net entitlement volumes lifted to 1,170,487 barrels, setting a new record for PetroNor’s annual volume.
PetroNor is still holding 120,000 barrels of net entitlement oil in current inventory which was not lifted due to operational constraints. The company is working with the Djeno terminal operators to establish if an additional lifting is possible close to year end 2023 when inventory is forecast to be over 450,000 barrels.
" alt="Saipem Awarded $850 Million Agogo Contract Offshore Angola">
" alt="TAG Oil Encouraged by BED4-T100 Production Test Results">
" alt="Seplat Commissions Nigeria’s ANOH Gas Processing Plant">
" alt="Chariot Announces Gaufrette Drilling Results">
" alt="CGG Changes Name to Viridien">
" alt="Achieving Mining Resilience with Long-Term Energy Solutions">
" alt="Kinetiko Becomes First Company in South Africa to Produce Power from Onshore Gas">
" alt="Sonatrach Enters MoU to Explore Renewable Energy Production in Algeria">
