Total Strikes Oil off Ivory Coast

France's Total reported Thursday that its Ivoire-1X exploration well, offshore Ivory Coast, has discovered high-quality oil.

Total said that the well, located in the west zone of Block CI-100, in 7,480 feet of water, found approximately 92 feet of net oil pay in a series of around 322 feet of Cretaceous reservoirs. The oil is light, with a gravity of 35 API.

Operated by Total E&P Côte d'Ivoire, Ivoire-1X is the first well drilled on the CI-100 block. It was drilled to a total depth of 16,550 feet. 

Total said the well confirms the extension into Block CI-100 of the already proved active petroleum system in the Tano basin that is home to several fields, including Jubilee in Ghana. 

The data acquired during drilling is being analyzed to develop an appraisal program for the reservoirs discovered and explore identified prospects further east in the block, near recent discoveries in Ghana. 

Total E&P Côte d'Ivoire operates the block with a 60-percent interest, alongside Yam's Petroleum, with 25 percent, and Petroci Holding, which holds 15 percent.

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