SOCO EPC announces test results of Lidongo X Marine 101 well offshore Congo

SOCO EPC announces test results of Lidongo X Marine 101 well offshore Congo

LONDON -- SOCO EPC, operator of the Marine XI block, offshore the Republic of Congo (Brazzaville), has successfully completed testing of the exploration well Lidongo X Marine 101 ST1 (LXM-101).

The well significantly exceeded pre-test expectations, reaching a post stimulation frac peak rate of 5,174 bopd and 3.65 MMscfd.

The LXM-101 well, located 23 km northwest of Pointe Noire, in a water depth of approximately 45 m, was drilled to a total depth of 2,665 m. The well encountered oil in a clastics sequence in the Djeno sand formation with drilling shows and early log interpretation indicating approximately a 50 m gross interval.

The test, over a perforated 20 m section, produced at a stable average flow rate of 4,800 bopd and 3.5 MMscfd on a 56/64” fixed choke, with a flowing wellhead pressure of 778 psi, following the successful execution of the stimulation frac. The oil quality was 32 degrees API.

The well results will now be analysed in order to determine the continuity of the well with the nearby discovery in the Marine XII block.

SOCO EPC holds a 40.39% interest in the Marine XI Block. Project partners are, WNR (23%), SNPC (15%), AOGC (13.11%) and PetroVietnam Exploration and Production (8.5%).