Helium One Global Ltd has started drilling its second exploration well, Tai-2, at its 100% owned Rukwa project in Tanzania. TARGETS The exploration well targets prospective Lake Bed stratigraphy, which was identified but not fully evaluated as part of the drilling of Tai-1. Tai-2 is located 20m from Tai-1 and utilises the same drill pad, […]
Tag: oil & gas
Hurricane cash decreases but production rise expected
Hurricane Energy plc’s cash decreased during July because of no liftings but expects an increase in production at the Lancaster field, West of Shetland. MAINTENANCE As of 31 July 2021, the company had net free cash of $122 million compared with $134m at 30 June. The floating production and storage and offloading unit (FPSO) Aoka […]
Angus obtains Saltfleetby equipment but first gas is delayed
Angus Energy plc said that all equipment under firm bids from fabricators and assemblers remained within budget but first gas has been slightly delayed at its Saltfleetby gas field. Only the pipework, low budget accessories and one bespoke dehydration unit are awaiting final quotes. FIRST GAS The company now anticipates first gas at PEDL005 (51% […]
Helium One completes Tai-1A drill
Helium One Global Ltd has completed drilling the Tai-1A exploration well to a depth of 1,121m but poor hole conditions prevented logging below 882m at its 100% owned Rukwa project in Tanzania. KAROO FORMATION The company said that helium shows had been identified in all three target formations and encountered over five intervals in the […]
UKOG JV pauses drilling at Basur-3 for new seismic acquisition
UK Oil & Gas plc’s joint venture (JV) partner has paused drilling for new seismic data after a directional drilling assembly became stuck in Basur-3 (B3) appraisal oil well in Turkey. DEVIATED SIDETRACK The directional drilling assembly became stuck after the well reached a drilled depth immediately above the Garzan and Mardin targets, which remain […]
Helium One confirms gas show as Tai-1 drill is delayed
Helium One Global Ltd confirmed a further helium gas show in drilling mud in the red sandstone group at its Rukwa project in Tanzania. The company also announced a delay to drilling the sidetrack from Tai-1 well after the drill string became lost at 561 metres. GAS SHOW Helium gas shows, identified in stratigraphy above the company’s primary […]