OER 15% owners of the Production Sharing Contract license in OML 125 (Abo field), in conjunction with Nigeria Agip Energy, operator of OML 125 (Abo field), continued the Abo field development phase 3. The dynamically positioning "Sedco Express" Rig was mobilized for the Abo-3 side-track well, Abo-12 drill & complete and Abo-8 initial completion.The Abo-3 side-track well was spudded on July 10, 2013 as a deviated development well and drilled to a total depth of 2,340 m MD (1,922 m total vertical depth) with maximum inclination of 77.60 degrees mainly to appraise the B200 reservoirs. The well found two (2) hydrocarbon bearing sands (B197 and B200) with a total hydrocarbon pay of 30 m total vertical depth. It was completed in September 2013 as a single string producer on the B200 reservoirs and it was unloading prior to testing at end of reporting period.
Oando Energy Resources Announces Third Quarter Results
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