Chinguetti Oil Field

Activity status

Producing

On 23 September 2011 (and effective 1 January 2011), ROC agreed to sell its interest in the Chinguetti Field to a wholly owned subsidiary of Tullow Oil plc, as part of the sale of all ROC's offshore Mauritania assets.

Project Capital Investment to First Oil

Up to US$720 million gross, including contingency (ROC net US$24 million).

Remaining 2P Reserves

ROC net 0.1 MMBBL at 31 December 2011.

First production

Commenced 24 February 2006

Average Gross Production Rate for Quarter Ending 31 March 2012

4,484 BOPD (ROC net 146 BOPD).

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Click here for Chinguetti geology and history

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