Erin Energy Discovers Hydrocarbons in Its Oyo-NW Well

“We will move quickly to appraise the discovery. The Miocene is the most prolific producing zone offshore Nigeria, and the presence of these hydrocarbons is a significant step forward in unleashing the value of the Miocene Formation in our blocks.” The well was successfully drilled to the proposed total vertical depth subsea (TVDSS) of 12,218 feet and penetrated multiple sand units with total gross thickness of 260 feet in the depth range from 7,052 – 10,873 feet TVDSS as interpreted from wireline log data.(1) Preliminary evaluation of the well data shows that the two main sand units, the Miocene U7.0 and U8.0, with a gross thickness of approximately 83.6 feet are hydrocarbon-bearing.(1) Work has commenced to estimate the discovered volumes and to determine the relevant appraisal and development program. Source / Further information : Erin Energy Corporation oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook ]]>