Panoro Energy, a London-based E&P company, has announced that it will increase its production activity in Tunisia by drilling a production well on the Guebiba onshore field
The Guebiba onshore field is one of the assets of Thyna Production Services SA (TPS) in Tunisia. This will be the first drilling operation on the TPS operated assets since 2015.
This production well is anticipated to spud in May and will be drilled using the CTF 06 rig, a 2,000-horsepower onshore rig owned by Compagnie Tunisienne de Forage (CTF), the Tunisian state-owned drilling contractor.
The operations will utilise an existing top hole section and will target a new production interval on the Bireno formation at 3,600 m in a known fault block compartment, where an assessment of the historical performance of the field has concluded that a further drainage point is required to effectively exploit the resource potential present in the western panel of the field. The expected incremental production uplift from this well is expected to significantly increase the daily output at the TPS operated assets.
John Hamilton, CEO Panoro, said, “We are extremely pleased to have secured the CTF 06 rig to drill at the Guebiba onshore field, in advance of its use on our Salloum West exploration well. Our Tunisian assets are undergoing an unprecedented high level of activity and we expect this to yield results in material additional production during the first half of 2020.”
This additional well at the Guebiba onshore field will be drilled in advance of the Salloum West exploration well, also targeting the Bireno formation, which has been slightly delayed due to outstanding regulatory approvals.
In addition, further production activities are underway, with three wells in the final stages of being completed and brought on-line in stages by the end of 1Q 2020. Collectively, these workover activities are expected to increase the TPS operated assets gross production to ca. 5,000 bopd.
Other activities to boost daily output includes a recent well stimulation exercise on one well in the Rhemoura field, part of TPS operated assets, resulted in a fourfold increase in production. As a result, the joint venture partners are now planning a campaign of similar stimulations in several other TPS fields.