UK's Savannah Petroleum has announced the result of its Zomo-1 exploration well with a fifth consecutive oil discovery made.
Preliminary results show that the well has encountered a total estimated 5.4 meters of net oil-bearing reservoir sandstones in the E1 reservoir unit within the primary Eocene Sokor Alternances objective.
Following the successful results of the five exploration wells drilled to date, Savannah Niger has elected to commission Pre-Stack Depth Migration (PSDM) processing of the R3 East 3D seismic dataset. Separately, Savannah Niger has recently received an additional 400 km of 2D seismic data on the R3Central area. Savannah Niger is currently in the process of incorporating this data into its R3 Central area subsurface model and expects to conclude this process shortly.
Savannah Niger said that it decided to conclude its maiden exploration campaign following the completion of operations at Zomo-1. A new drilling campaign is expected to commence in early 2019, initially focusing on the R3 East and R3 Central areas, before likely proceeding to the R1 Dinga 3D area and, potentially, the R2 Dinga Ridge area.
Steve Jenkins, Chairman of Savannah Petroleum, said: “Following the Zomo-1 discovery, our maiden exploration campaign in Niger has delivered five discoveries from five wells and resulted in the discovery of more than sufficient oil to enable us to proceed towards our planned 2019 Early Production System. Our team is in the process of putting together a large multi-well campaign aimed at replicating our 2018 successes and delivering further transformational value for our stakeholders.”
Andrew Knott, CEO of Savannah Petroleum, said: “The discovery of the Amdigh, Bushiya, Eridal, Kunama and Zomo fields have served to demonstrate the world class exploration potential of our wider PSC areas, where we have identified 120 potential drilling targets which we expect to high grade for inclusion in future drilling campaigns."