Mar 2020: Petronas (35%) and Exxon (operator, 40%) are working with advisers on the sale of their stakes in oil fields in the south and the pipeline to a marine terminal in Cameroon (the Chad project). In total the project is valued at over $1bn. The Government owns the remaining 24% stake, purchased from Chevron in 2014.
No significant news in 2019.
No significant news in 2018.
No significant news in 2017.
Nov 2016: ExxonMobil is negotiating with the government about a US$74 bn fine the company was told to pay by a court because of a dispute over royalties. Exxon began exploring in 2001 and has been pumping oil since 2003. The company also operates a pipeline to a terminal in Cameroon for export. The two other companies named in the case are Chevron and Petronas.
No significant news in 2015.
Oct 2014: Chad expects to double oil production by the end of 2015 despite lower output from ageing wells in its Doba fields and unrest in neighbouring countries. Production will increase from the Mangara and Badila fields, operated by Glencore and a field operated by CNPC (GS notes: significant growth is expected but doubling seems optimistic).
Mar 2014: United Hydrocarbon has announced the results of drilling 2 wells on its DOC and DOD blocks in the Doba Basin. The Belanga North well encountered 3 oil-bearing net sand intervals with a combined thickness of 21.5m. The well flowed at up to 680 bbls of oil per day. The Belanga 1A well, drilled to delineate the 1970s Belanga 1 discovery, encountered a 9m oil zone.
Mar 2014: Caracal Energy has announced that the first shipment of Badila oil for export sales has been loaded at the Kribi terminal off Cameroon. Total cargo size of the lifting was 950,000 bbls of oil. Caracal will expand the facilities during 2014.
Dec 2013: Caracal is ramping up production in Chad and will deliver first oil to market in early 2014. The Krim field has been announced as a discovery and the Bitanda exploration well is in progress. Rig numbers will increase from 2 to 6 by the end of 2014. Caracal is operator of the fields with partners GlencoreXstrata and Société des Hydrocarbures du Tchad.
Nov 2013: Caracal commenced first production from the Badila Field in late September and is now flowing 5,100 bbls per day into the export pipeline. Since September the Mangara-5 development well and the Krim exploration well have both achieved natural oil flows from a number of sands. The Badila-4 development well is planned.
Oct 2013: Chad has allowed CNPC to resume operations at its Koudalwa field in the south which were suspended in August for violations of environmental standards. CNPC, operating in the country since 2003, has improved its environmental practices.
Sep 2013: Caracal Energy has announced first oil shipments from the Badila field into its transportation system that connects to the main export line operated by TOTCO/COTCO. The 30-inch line which will carry oil to the Atlantic Ocean port of Kribi in Cameroon and has a capacity of 250,000 bbls of oil per day of which two thirds in unused.
Aug 2013:Caracal has spudded 2 wells and another is planned. The Krim exploration well lies SW of the Mangara field and the Badila-4 appraisal lies NW of the Badila field which contains 3 other wells, estimated to hold 40 mm bbls. Caracal is negotiating a transportation agreement with ExxonMobil for a pipeline routing oil to an export terminal at Kribi in Cameroon.
Jul 2013: Caracal Energy (formerly Griffiths) has commissioned Badila field production facilities and anticipates producing in July. The Badila-4 development well will be drilled and the Mangara-4 and -5 development wells were suspended for production. Combined capacity from the first 3 Badila wells will be 14,000 bbls per day with the Mangara field adding further production by the end of 2013.
Jun 2013: Simba Energy has announced a PSC covering 3 blocks, Chari Sud Block I, the southern 50% of Chari Sud Block II and Erdis III, has been ratified. The Chari Sud Blocks lie on Chad’s southern border, southeast of the country’s producing fields in the Doba Basin. Erdis III is in north Chad in the south western part of the Erdis basin, known in Libya as the Kufra basin.
Dec 2012: Griffiths has spudded the first development well in the Badila field. During 2013 Griffiths intends to develop Badila and Mangara field. Badila is 17 kms and Mangara 120 kms from an export pipeline to the Atlantic. A connection is planned to be completed in 2013. The fields are located on the DOI and DOB blocks covering an area of 2,744 sq kms in SW Chad. The company will be drilling two new wells and recompleting Badila-1, first drilled in 2002, before moving to Mangara.