Posted in | Oil Shale

TVI Pacific Begins Drilling at Facai-1 Exploration Well in Africa

TVI Pacific has announced that Chinese National Petroleum Corporation International Ténéré (CNPCIT), Niger project operator, has started the drilling program at the Facai-1 exploration well. Under the terms of the contract, TVI Pacific has 20% interest in the well and this is 100% funded by CNPCIT.

The location of this Facai-1 well is in the Ténéré Block in Africa. The area of this Ténéré Block is 71,155 km2 and is situated in the northern part of the Termit Rift Basin. CNPCIT has been vigorously testing the current oil discoveries and drilling fresh exploration wells in the southern half of the basin with a goal to accomplish oil reserve volume threshold to validate an export pipeline.

Facai-1 well is situated 110 km north of the west Fachi-1 exploration well, which was drilled by CNPCIT-TG World Energy during 2007. When the company commenced to prepare for exploration work at Facai-1 drilling, the field operations were averted due to security issues.

The company will drill the well to approximately 3,700 m to examine the Cretaceous sandstones in an anticlinal trap. Seismic data investigation shows a hydrocarbon characteristic at the target reservoir zone. It is anticipated that the Facai-1 well will achieve a total depth in 60 to 90 days.

Source: http://www.tvipacific.com/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    TVI Pacific Inc.. (2019, February 18). TVI Pacific Begins Drilling at Facai-1 Exploration Well in Africa. AZoMining. Retrieved on April 08, 2020 from https://www.azomining.com/News.aspx?newsID=4268.

  • MLA

    TVI Pacific Inc.. "TVI Pacific Begins Drilling at Facai-1 Exploration Well in Africa". AZoMining. 08 April 2020. <https://www.azomining.com/News.aspx?newsID=4268>.

  • Chicago

    TVI Pacific Inc.. "TVI Pacific Begins Drilling at Facai-1 Exploration Well in Africa". AZoMining. https://www.azomining.com/News.aspx?newsID=4268. (accessed April 08, 2020).

  • Harvard

    TVI Pacific Inc.. 2019. TVI Pacific Begins Drilling at Facai-1 Exploration Well in Africa. AZoMining, viewed 08 April 2020, https://www.azomining.com/News.aspx?newsID=4268.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit