VOL. XXXV

NO. 40

6-JULY-1992

UAE

Crescent Petroleum Drills World's Deepest Well

Crescent Petroleum Company of Sharjah, which operates the offshore Mubarekfield, has announced that it has set a record in drilling its first horizontalwell, using the new Momentum II rig. The well, N2, was drilled down to theThamama Lower Cretaceous formation in the field, a fractured limestonereservoir containing sour gas condensate. At a depth of 11,500 ft. subsea, thehole was deviated to reach the top of the...