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Crescent completes drilling at Mubarek H-2

Posted: 29 May 2006
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The drilling of the Mubarek H-2 offshore Oman was completed at a15, 020 feet total depth, Crescent Petroleum reports.

Logging of the well indicates good oil saturations over more than 100 feet in the Ilam/Mishrif reservoir section, and the well has been cased to enable testing of these zones. Testing of the well from the production platform is currently underway, and after the well has stabilised definitive results will be available within 7-10 days, the report said.

The Rani Woro jack-up was released from the Mubarek H-2 drilling location on May 18th after completing and perforating the well, and has moved to another field nearby to drill for another operator. The Rani Woro will return to the Mubarek field to drill the second of two obligation infill wells in the third quarter 2006.

Crescent is one of the United Arab Emirates' most established operators in the region. It has been an operator of the Mubarek Field for over 30 years. The first commercial oil produced from the field in the mid-1970s is still in continuous production.

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