Royal Dutch Shell Announces Gabon Deep-Water Gas Discovery
22 October 2014 - 7:42PM
Dow Jones News
By Ian Walker
LONDON--Oil major Royal Dutch Shell PLC (RDSB.LN) said Wednesday
the Leopard-1 well has encountered a substantial gas column, with
around 200 meters net gas pay in a pre-salt reservoir, and it now
plans an appraisal program to further determine resource
volumes.
The well, which is located around 145 kilometers off the
Gabonese coast, west of Gamba, was drilled in water 2,110 meters
deep to a total vertical depth of 5,063 meters.
Shell is the operator of the well with a 75% interest. CNOOC
Ltd. (CEO) has the remaining 25% interest.
Write to Ian Walker at ian.walker@wsj.com
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