Pennzoil/Novus Spud PQ-5 Exploration Well In Offshore Block No. 8
The joint holders of Qatars offshore concession Block No. 8, Pennzoil of the US (operator 75%) and Novus Petroleum Ltd of Australia (25%), have announced the spudding of a new exploration well, PQ-5, on the NN-North prospect, according to a press release issued on 30 March. The prospect is located approximately 5 kms northeast of the Najwat Najm field, a 1976 discovery that flowed 2,000 b/d of...