Cobalt draws up pre-salt Angola targets

Offshore staff

HOUSTON – Cobalt International Energy is preparing to start its pre-salt deepwater exploration drilling program on block 21 offshore Angola.

The drilling rig Ocean Confidence should be available in mid-July to start work on the two planned wells, after completing a current assignment elsewhere off Angola for Total.

Due to the proximity of the two well locations, Cobalt plans to first drill the surface hole of the Bicuar #1 well; next transfer the rig to drill and evaluate Cameia #1; and finally return to drill and evaluate Bicuar #1.

Each well should take 80-100 days to drill, and a further 10-20 days to evaluate, if successful.

Cobalt has a 40% operating interest in each prospect, and shortly expects to complete its production sharing agreement for offshore block 20.

06/30/2011



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...