APA Corporation Provides Update on Keskesi East-1 Discovery Well in Block 58 Offshore Suriname; Drillship to be Released as Planned
March 09, 2021 16:57 ET | Source: APA Corporation APA Corporation Houston, Texas, UNITED STATES
HOUSTON, March 09, 2021 (GLOBE NEWSWIRE) APA Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today updated the operational status of the Keskesi East-1 discovery well offshore Suriname.
As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate in the Upper Cretaceous-aged Campanian and Santonian intervals and, subsequently, continued drilling toward deeper Neocomian-aged targets. As drilling progressed, the well encountered substantial pressure increases that APA and Total determined could ultimately exceed the capabilities of the wellbore design and pressure control equipment. Consequently, the partners decided to conclude drilling operations at Keskesi before reac
APA Corp and Total have terminated operations at the Keskesi East-1 discovery well in Block 58, offshore Suriname, due to substantial pressure increases in the well.
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APA Corp. and partner Total SA have decided to end drilling operations at the Keskesi East-1 discovery well offshore Suriname after encountering substantial pressure increases, according to a news release.
APA Corp. is the recently named parent holding company of Apache Corp.
The duo had hoped to reach deep Neocomian-aged targets, having already discovered oil, volatile oil and condensate in the Upper Cretaceous-aged Campanian and Santonian intervals as announced in January.
“The additional drilling at the Keskesi East-1 well encountered hydrocarbons in the Lower Cretaceous interval and a carbonate depositional system above the top Neocomian target, both of which help to validate the partners’ geologic models,” APA said. “While encouraging, this data does not reveal specific information about the Neocomian targets themselves.
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