Anglo African Oil & Gas signs rig agreement for Tilapia field

13 November 2019 (Last Updated November 13th, 2019 12:13)

Independent developer Anglo African Oil & Gas (AAOG) has signed a rig option agreement with Société de Forage Pétroliers (SFP).

Anglo African Oil & Gas signs rig agreement for Tilapia field
The well, in which the company has 75% working interest, was drilled down to a depth of 1,210m where both the upper and lower Guebbas targets were encountered. Credit: Johannes Plenio from Pixabay.

Independent developer Anglo African Oil & Gas (AAOG) has signed a rig option agreement with Société de Forage Pétroliers (SFP).

The agreement is to carry out drilling operations on well TLP-103C-ST at the Tilapia offshore oilfield in the Republic of Congo. AAOG owns a 56% interest in the field. The company will gain the right to contract the rig for TLP-103C-ST and four other wells in addition.

Drilling operations are expected to take place in either the first or second quarter of 2020, depending on SFP’s commitments with respect to rigs.

The company mentioned that the drilling plan is to re-enter the TLP-103C well and continue drilling the new side-track just below the Mengo formation. This will test the Upper Djeno and explore the Middle Djeno formations to analyse if Djeno can be brought online from either horizon.

AAOG said the original well had already proven the geological model and verified the existence of the Djeno at Tilapia.

Anglo African Oil & Gas CEO James Berwick said: “We are very pleased to have entered the rig agreement and look forward to commencing operations at TLP-103C-ST as soon as the rig becomes available.

“The rig is the most suitable rig available in country and will come to TLP-103C-ST directly from drilling operations for a super-major.

“The board of AAOG appreciate that drilling operations will commence later than we had hoped but, following the problems encountered in drilling TLP-103C, it was important that we found the right rig for this drilling campaign to avoid any similar issues.”