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Tullow hits pay with Paon off Cote d'Ivoire
Posted 12.06.2012 07:58:01 av John Bradbury
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Tullow Oil reported  anew oil fiend with its Paon 1X well drilled offshore Cote d'Ivoire which has intersected up to 31 metres of net oil pay.

Drilled with the the Eirik Raude semi-submersible, the Paon 1X well was the first deepwater well in the CI 103 deepwater licence and Tullow said it encountered 31 metres of net oil and 74 m gross pay in turbidite sands.

“Pressure data indicates that this interval contains a continuous hydrocarbon column and samples show that it is a light oil of 41 degrees API. Further analysis is required to determine reservoir quality and the extent of the fan system,” Tullow indicated, after the well was drilled to a total depth of 5,090 metres (16,695 feet) in a water depth of 2,193 metres (7,193 ft).

Operated by Tullow with 45%, the discovery partners are Anadarko with 40% and the national oil company - Societé Nationale d'Opérations Pétrolières de Côte D'Ivoire (Petroci) - with 15%.
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