M a r k e t N e w s

SOCO reviewing options for offshore Congo discovery

Posted on : Saturday , 20th June 2015

SOCO International is discussing commercialization options for its offshore Lidongo X Marine-101 exploration well with the Republic of Congo authorities.

The government has asked for the results of the well to be presented as a production license application format. SOCO says preparations are under way and the company expects to issue formal submission by the end of 3Q 2015.

Reprocessing of seismic reprocessing continues following ENI’s discoveries on neighboring blocks is ongoing and should be completed by year-end.
 
SOCO plans to drill the Mer Profonde Sud well during 1Q 2016. Detailed well design work continues.

Source : OFFSHORE
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