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Petroleum industry

CMS Energy Corporation Announces Successful Production Tests in Equatorial Guinea and Texas

Strategic Insights

— 2 min read

CMS Energy Corporation's oil and gas exploration and production unit, CMS Oil and Gas Company, has announced successful production tests of two wells in the Alba Field in Equatorial Guinea and in Lynn County, Texas. The Alba #8 well in Equatorial Guinea flow tested at a rate of 27.5 million cubic feet of gas and 2,040 barrels of condensate per day, while the Copeland 1H well in Texas flow tested at a daily rate of over 700 barrels of oil and an estimated one million cubic feet of natural gas. These successful tests are part of an accelerated development project initiated in 1999 to increase the Alba Field's production capacity from 90 million cubic feet of natural gas per day to up to 225 million cubic feet per day.

Key Takeaways:

  • CMS Oil and Gas successfully completed the Alba #8 well in the Alba Field, Equatorial Guinea, with a flow rate of 27.5 million cubic feet of gas and 2,040 barrels of condensate per day.
  • The well is the fourth and last to be drilled as part of an accelerated development project initiated in 1999 to increase the Alba Field's production capacity.
  • Up to 125 million cubic feet of gas per day will be supplied to a methanol production plant nearing completion of construction on Bioko Island.
  • The project consisted of engineering, fabrication, transportation, and installation of a tripod well platform, a four-pile twelve-slot manned platform with compression, various infield flow lines, and a 19-mile pipeline from the Alba Field to Bioko Island.
  • Participants in the Alba Field include Samedan of North Africa, Inc. (33.75%), Globex International (10.87%), the Government of Equatorial Guinea (3%), and CMS Oil and Gas (E.G.) Ltd. (52.38%).
  • The Copeland 1H well in Lynn County, Texas, flow tested at a daily rate of over 700 barrels of oil and an estimated one million cubic feet of natural gas after fracing the prospective productive zone with carbon dioxide.
  • CMS holds a 100% working interest in the Copeland 1H well and holds the rights to explore approximately 23,000 acres of leaseholds in the area.
  • CMS Energy Corporation has annual sales of over $7 billion and assets of around $15 billion throughout the U.S. and around the world.

Statistics:

  • The Alba #8 well in Equatorial Guinea flow tested at a rate of 27.5 million cubic feet of gas and 2,040 barrels of condensate per day.
  • The Copeland 1H well in Texas flow tested at a daily rate of over 700 barrels of oil and an estimated one million cubic feet of natural gas.
  • The Alba Field has a production capacity of up to 225 million cubic feet of natural gas per day, with up to 125 million cubic feet per day to be supplied to a methanol production plant.
  • CMS Oil and Gas holds a 52.38% interest in the Alba Field.
  • CMS holds a 100% working interest in the Copeland 1H well and has approximately 23,000 acres of leaseholds in the area.
  • CMS Energy Corporation has annual sales of over $7 billion and assets of around $15 billion.

Sources:

  • PRNewswire press release, "CMS Energy Corporation's Oil and Gas Exploration and Production Unit Announces Successful Production Tests in Equatorial Guinea and Texas".
  • www.cmsenergy.com
  • Noble Affiliates, Globex Energy, Inc. websites.

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