Vanco group finds oil offshore eastern Ivory Coast

By OGJ editors

A group led by Vanco Cote d’Ivoire Ltd. has a deepwater light oil discovery on Block CI-401 off eastern Ivory Coast.

Independance-1X, the group’s second exploratory well on the block, went to 4,132 m in 1,689 m of water 58 miles south-southeast of Abidjan. It penetrated the targeted objective and found a series of good-quality sandstones containing light oil.

Full analysis of well results, including wireline logs, reservoir pressures, and fluid samples, confirms that the well penetrated 26 ft of hydrocarbon pay in a good-quality Turonian-aged sand package. Hydrocarbon samples indicate 40° gravity. The well will be temporarily abandoned.

Independance-1X is the group’s second exploratory well on the 152,948-acre block that lies in water 950-2,100 m deep. The well is one of the deepest-water exploratory wells drilled to date in the eastern offshore Ivoirian basin.

Drilling is in progress on one more deepwater exploratory well on the block, Albacore-1X, 21 miles east of Independance-1X on a similar large Turonian deepwater slope channel stratigraphic trap.

Vanco is block operator with 28.34% participating interest. Lukoil Overseas Cote d’Ivoire Ltd. has 56.66%, and Ivory Coast’s state Petroci has a 5% participating interest and 10% carried interest.

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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...