Recap: Worldwide Field Development News (Mar 2 – Mar 8, 2012)

Mb50's "Liquid Mud" Rant

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This week the SubseaIQ team added 12 new projects and updated 31 projects. You can see all the updates made over any time period via the Project Update History search. The latest offshore field develoment news and activities are listed below for your convenience.
Africa – West
Afren Confirms High Quality Oil at Okoro East
Mar 7, 2012 – Afren has completed testing at the Okoro East oil discovery, confirming high-quality API oil of 38 to 40 degrees in excellent reservoir sands. Based on the test data the company expects future horizontal production wells at Okoro East to be capable of yielding between 4,500 to 7,000 bopd per well. The company will drill two production wells using existing facilities in the second half of 2012 and up to eight production wells, under a full field development scenario. Three drill stem tests have been performed and completed, said Afren. The…

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