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.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“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.”