CMS successfully completes testing of well in Equatorial Guinea
CMS Oil and Gas announced successful completion and testing of a major natural gas and condensate development well in
the Alba Field of Equatorial Guinea The field is located 18 miles offshore Equatorial Guinea, north of Bioko Island.
The well tested at a rate of 37.5 mm cfpd of gas and 2,400 barrels of condensate and the company estimates the well
will be capable of producing 100 mm cfpd of gas and 6,200 bpd of condensate -- more than doubling the proven and
probable reserves in the field.
The well encountered 1,000 feet of gross sand thickness and 732 feet of net pay. As a result of this well and the
previous Alba #8 well, together with reservoir data, estimated proven and probable reserves are more than 300 mm
barrels of liquid hydrocarbons associated with 4.6 tcf of natural gas.
A recently completed development program for the Alba Field increased daily production from 6,900 barrels of
condensate, 1,800 barrels of natural gas liquids and 93 mm cfpd of gas to the current level of 16,000 barrels of
condensate, 2,400 barrels of natural gas liquids and 240 mm cfpd of gas.
Approximately 105 mm cfpd of gas is being utilized in the AMPCO-operated methanol plant that just began operation on
Bioko Island, and the remaining gas will be re-injected into the reservoir.
Participants in the Alba Field include: CMS Oil and Gas (52.38 %), which is the operator; Noble Affiliates through its wholly owned subsidiary, Samedan of North Africa (33.75 %), Globex International (10.87 %); and the Government of Equatorial Guinea (3.0 %).
