RoyalGate Energy to drill Block Z, Equatorial Guinea

Source: RoyalGate Energy

Located to the north of Bioko Island and south of the Marathon Oil-operated Alba field, Block Z has estimated gas reserves of more than 3.6 tcf.

RoyalGate Energy has announced that it will drill the Tulip Upper Isongo discovery and Tulip Massive Isongo prospect in Block Z, Equatorial Guinea. The Z-1 well is to be drilled in the first quarter of 2016.

Located to the north of Bioko Island and south of the Marathon Oil-operated Alba field, Block Z has estimated gas reserves of more than 3.6 tcf. A 600 square kilometer 3D seismic campaign in 2014 showed the Tulip, Daisy, Buttercup and Sunflower prospects. Block Z also contains the Gardenia discovery, made in 2004.

The operator plans to drill the Z-1 well close to the location of previous offset wells and in the vicinity of known producers. These offset wells provided initial geological and geophysical data. Based on this and the seismic, magnetometer and shallow gas hazard data, the well has been designed and located to intercept the Upper Isongo and Massive Isongo zones.

President of RoyalGate Energy Frank Ene said: “We are proud to announce the drilling program for the Z-1 well. This is the continuation of what we see as a long term partnership with Equatorial Guinea and we see a lot of development potential for Block Z. We are bullish about the prospectivity of this block and our other assets in Equatorial Guinea.”

RoyalGate Energy entered the block as operator in 2013. The company is scheduled to hold a technical committee meeting for Block Z with the Ministry of Mines, Industry and Energy and selected contractors on October 22 in Djibloho, Equatorial Guinea.

RoyalGate Energy is an Africa-focused independent oil company with assets in Equatorial Guinea and Ghana and offices in Houston, Lagos, London, Accra, Malabo and Luanda. The company is building a strong portfolio of assets across the continent, investing in the countries and communities in which it operates, and contributing to the sustainability of Africa’s energy industry.

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


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

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

Latest Energy Jobs

View more Job Listings >>

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013