26th Feb 2016 08:01
LONDON (Alliance News) - Oil and gas explorer SOCO International PLC on Friday said it has plugged and abandoned the Baobab Marine-1 well at the Mer Profonde Sud Block in the Lower Congo Basin, offshore the Republic of Congo.
The well intersected the channel complexes which had been targeted, but no hydrocarbons were encountered, SOCO said.
It said barring any complications with plugging and abandoning the well, it should come in under budget and was drilled with no lost time accidents.
By Sam Unsted; [email protected]; @SamUAtAlliance
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