1 May 2003
Two more finds for TotalFinaElf
THE GROUP headed by TotalFinaElf has made two more discoveries in its prolific Block 17, bringing the block's total to 15. The finds, in deep water, are close together in the southeast of the block, presenting opportunities for a joint development with two other discoveries. The Acacia-1 well, in 1,030 metres of water, tested a combined 13,712 barrels a day (b/d) from two separate zones. The follow-up well, Hortensia-1, was spudded 10 km north of Acacia in 830 metres of water, and flowed 5,092 b/d. Two finds have been made in the block's southeastern area - Perpétua and Zinia. Initial expectations were that they would be developed as step-outs to the planned Dália production facility, but To
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
