Murphy Oil Corporation has officialised its entry into #ivorycoast 🇨🇮 with the signing of five new production sharing contracts (PSCs) with PETROCI.

The deals, approved several months ago by Côte d'Ivoire's Cabinet, demonstrate the growing attractiveness of Ivorian brownfield and greenfield blocks for international #oilandgas operators.

The new portfolio of Murphy E&P is particularly attractive. Blocks CI-102, CI-531, CI-103 and CI-709 form a straight column that stretches from the shallow waters offshore Abidjan all the way to #deepwater areas where several wells have been drilled.

CI-103 notably holds the Paon deep-water gas and light oil field discovered by Tullow Oil in 2012 and already appraised.

Just north of Paon, Tullow Oil had also drilled the Calao-1X well in 2013, within current block CI-531. The independent had found good quality reservoir sandstone, although they were water bearing.

CI-709 finally holds development potential thanks to wells previously drilled by Anadarko Petroleum Corporation Petroleum in 2016 and 2017, although commercial quantities are yet to be proven. These include Pelican-1X that intersected around 21.3m of net oil pay in two separate interval, Rossignol-1X that encountered well-developed sands and roughly 4.6 m of net oil pay on water, and finally Colibri-1X that also hit hydrocarbon pay.

Africa Oil Week 2023

 
Under the theme "Maximising Africa's Natural Resources in the Global Energy Transition" Africa Oil Week 2023 will welcome over 50 ministers and government officials alongside the industry's global leaders and be the hub for building a sustainable African upstream this October. 

Don't miss out on joining 1800+ senior industry decision makers as they come together at Africa's most established and prestigious upstream event.