Savannah Petroleum makes oil discovery at Kunama-1 well in Niger

UK-based independent oil and gas firm Savannah Petroleum has made a discovery at its Kunama-1 exploration well in Niger.

This represents the company’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 production sharing contract (PSC) area in the Agadem Rift Basin (ARB), South-East Niger.

Based on the interpretation of the available data set, it was determined that the well has encountered a total estimated 9m of net oil-bearing reservoir sandstones in the E1 and E5 reservoir units.

The company noted that the reservoir properties are of good quality and the available data indicates the presence of light oil equivalent to the Amdigh-1 well.

Oil samples from the reservoir units have been returned to the surface using wireline testing equipment.

The well was drilled to a total measured depth of 2,460m and took a total of 14 days to reach the target depth.

Savannah Petroleum CEO Andrew Knott said: “The Kunama discovery, following on from Amdigh and Bushiya, provides further encouragement for our plans to establish an early production scheme in Niger, which we expect to be able to provide an update on later in this quarter.

“The improved understanding of the R3 geology we have gained from the outcome of these wells has also given us the confidence to extend our campaign to target the Eridal prospect, located in close proximity to Amdigh, and we expect to provide updates on further potential additional drilling activity over the course of the coming months.”

The company is suspending the Kunama-1 well for future re-entry and intends to conduct a production test.

Once testing is completed, Savannah plans to install a downhole completion assembly to Amdigh-1 in order to enable it to function as a production well in the future.