TransGlobe Energy Corporation’s Tasour #7 well on Block 32 in the Republic of Yemen is producing in excess of 8,000 barrels per day (bpd) out of two reservoir horizons. The next well, An Nagyah # 2 on Block S-1, will evaluate the An Nagyah structure previously drilled by Shell.
The An Nagyah prospect is a 3-D seismic defined structure with potential in both the Alif and Lam formations. The Company's current drilling program anticipates five additional exploration, appraisal and development wells on two properties in Yemen.
The Company’s Osaylan #1 exploration well on Block S-1 in Yemen commenced drilling during September. The well was drilled to a total depth of 1,902 meters and was abandoned after encountering minor oil shows.
The primary target, the Alif reservoir sandstone, was encountered however the logs did not indicate commercial hydrocarbons were present. Evaluations of core analysis, fluid analysis and petrophysical interpretation will be carried out to determine if additional work on the Osaylan structure is warranted.
TransGlobe is a Canadian based exploration and production company with oil and gas projects in Canada and the Republic of Yemen. TransGlobe currently produces in excess of 2,200 bpd and 1.0 million cubic feet per day of natural gas. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
