Mozambique: Cachalote hits small gas reservoir


Statoil’s Cachalote-1 exploration well in offshore Area 2 has failed to hit oil and instead encountered non-commercial gas. The well was the first deep-water exploration well to be drilled on the block and discovered a gas-bearing reservoir in an Upper Cretaceous deep-water channel system. Partner Tullow Oil said the well found 38 metres of good quality gas-bearing reservoir sandstones in an Upper Cretaceous objective on the outboard flank of the regionally important Ibo High. Tullow said the gas was unlikely to be commercial on a standalone basis.