Oil Search out of luck in Yemen, still hoping at Juha

OIL Search has failed to find any hydrocarbons at its Al Magrabah-1 exploration well in Yemen after completing an intermediate logging run over Qishn Clastics, the primary target.
Oil Search out of luck in Yemen, still hoping at Juha Oil Search out of luck in Yemen, still hoping at Juha Oil Search out of luck in Yemen, still hoping at Juha Oil Search out of luck in Yemen, still hoping at Juha Oil Search out of luck in Yemen, still hoping at Juha

The company will now deepen the exploration well to test secondary targets in the fractured-karstified Saar and Naifa formations, Kuhlan sandstone-weathered basement, and fractured metamorphic basement.

The well is at a current depth of 2263m.

Participants in Block 35 are operator Oil Search (Yemen) (34.2105%), Virgin Resources (39.4737%), Arc Energy (15.7895%), and MND Exploration and Production (10.5263%).

Meanwhile, in Papua New Guinea, Oil Search is drilling the Juha-4 sidetrack well ahead to a depth of 967m.

The company had started drilling the sidetrack well at a depth of 938m after failing to recover drilling equipment left in the hole.

The Juha-4 exploration well is targeting an untested block that may be in communication with existing wells.

Juha-4 is 35km northwest of the Hides gas field. It follows on from the Juha-5 well, which was drilled in the same segment as earlier wells.

Oil Search is operator with a 31.5% stake in Juha-4, while ExxonMobil holds a 56% interest and Merlin Petroleum has 12.5%.

The company is also getting ready to drill into the primary objective at the Kutubu-2 well, which has reached a depth of 1750m.

Kutubu-2, which is in PPL 219, about 18km east of the main Iagifu-Hedinia field, is primarily targeting the Toro Sandstone, with a secondary target in the Iagifu Sandstone.

Participants in Kutubu-2 are Oil Search (operator with a 72.52% stake), Ampolex (18.73%) and Merlin (8.75%).

In Egypt, operator Sipetrol International is drilling the Rana-1 exploration well ahead at a depth of 2341m.

The third well in an extended drilling program in the East Ras Qattara block, Rana-1 is targeting reservoirs in the Cretaceous Abu Roash, Bahariya and Kharita formations, located at a prognosed total depth of 3711m.

Production storage facilities are located in nearby adjacent concessions.

Oil Search holds a 49.5% interest in Rana-1 while Sipetrol has 50.5%.

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