Victoria Oil & Gas spuds La-106 well on Logbaba project
09 February 2010
Victoria Oil & Gas has reported that drilling work is now in progress at the La-106 well on its Logbaba gas and condensate project in Douala, Cameroon.
The well is the second to be drilled by Victoria at Logbaba and will twin La-101, which was drilled by Elf SEREPCA in 1954. It will be drilled from the same well-pad as the recent well La-105 and, following the results of a passive seismic survey, will be deviated to a bottom-hole location around 390 metres north-west of La-101 to access one of the most prospective areas of the existing discovery.
The proposed total depth is approximately 8,700 feet and drilling is anticipated to take around 60 days. While La-106 is being drilled, testing of the gas-bearing zones of La-105 will be undertaken and this is expected to start in February.
Victoria said the La-105 open-hole log data and the passive seismic survey results were expected to justify significant additional proved and probable reserves to the 104 billion cubic feet for the field estimated by RPS Energy in 2008.
Last week, Victoria identified a major potential hydrocarbon accumulation around two kilometres from the current drilling location on the Logbaba project. The new accumulation, which lies entirely within Victoria’s licence block, appears to be substantially larger than the existing discovery and has not been seen in any previous subsurface studies due to the lack of geophysical data.
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