In a press release posted on social media, Rhino Assets Ltd introduced the invention of hydrocarbons on the Capricornus 1-X nicely, which is located in Petroleum Exploration License 85, in Block 2914, offshore the Orange Basin in Namibia.
The nicely was spudded on February 17 utilizing the Noble Venturer drillship and reached a complete depth of 16,263 toes on April 2, the assertion revealed, including that the nicely discovered over 124 toes of web pay, “with the reservoir exhibiting good petrophysical properties and no noticed water contact”.
Hydrocarbon samples and sidewall cores have been collected by intensive wireline logging operations, Rhino famous within the assertion. Along with wireline acquisition, the nicely efficiently accomplished a manufacturing take a look at throughout the sunshine oil-bearing reservoir, the corporate added.
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The nicely achieved a surface-constrained circulation price in extra of 11,000 inventory tank barrels per day on a 40/64” choke, in keeping with the assertion, which famous that the sunshine ~37° API oil exhibited restricted related fuel with lower than two % CO2 and no hydrogen sulphide.
Rhino stated within the assertion that laboratory research shall be carried out on fluid samples collected throughout the take a look at. It famous that the nicely will now be quickly plugged and deserted and that the rig shall be launched.
PEL 85 is operated by Rhino Assets with a working curiosity of 42.5 %, Rhino highlighted within the assertion. The corporate identified that its co-venturers are Azule Vitality, with a 42.5 % stake, NAMCOR, with a ten % stake, and Korres Investments, with a 5 % stake. BP and Eni every maintain a 50 % curiosity in Azule Vitality, Azule’s website reveals.
“Rhino, on behalf of the PEL85 JV, are delighted to announce the invention of hydrocarbons on the Capricornus 1-X nicely,” Travis Smithard, Rhino Assets CEO, stated within the assertion.
“The outcomes of the great wireline and drill stem testing applications have confirmed the existence of a top quality gentle oil bearing reservoir, with no noticed water contact,” he added.
“This achievement is testomony to the excellent execution of the marketing campaign by the Rhino group and our service firm companions, who’ve ensured the protected and profitable drilling of two consecutive deepwater wells in a difficult geological atmosphere,” he continued.
“Rhino, in collaboration with our companions Azule Vitality, NAMCOR, and Korres will now flip our consideration to publish drilling evaluation to tell the following steps of our exploration technique throughout the block,” Smithard went on to state.
In a press release posted on its web site, BP confirmed the preliminary outcomes of the Capricornus 1-X exploration nicely in Namibia’s Orange Basin. Eni additionally confirmed the preliminary outcomes of Capricornus 1-X in a press release posted on its website.
In a press release revealed on social media again in February, Rhino revealed that it had accomplished the drilling of the primary exploration nicely in its program on PEL 85; Sagittarius 1X.
This nicely was spud on December 18, 2024, and reached goal depth on February 6, that assertion highlighted. The nicely penetrated Higher Cretaceous targets and intersected a hydrocarbon reservoir, with no noticed water contact, Rhino stated in that assertion.
“We’re happy to have safely and efficiently accomplished the drilling of the primary exploration nicely in our program on PEL 85,” Smithard famous on this assertion.
“The hydrocarbon-bearing reservoir encountered is proof for the effectiveness of cost, though additional evaluation shall be required by Rhino and the PEL 85 JV companions to guage the outcomes of the nicely,” he added.
“Our consideration now turns to the second goal in this system, which is the Capricornus prospect, a NE-SW trending channel system. The Capricornus-1X nicely is because of be spud throughout the subsequent 24 hours and is estimated to take 47 days to drill,” he went on to state.
In a press release posted on its web site in February, Galp stated it had efficiently drilled, cored, and logged the Mopane-3X nicely in Petroleum Exploration License 83 (PEL 83), offshore Namibia.
“Preliminary information verify gentle oil and gas-condensate vital columns throughout AVO-10, and light-weight oil columns on AVO-13 and on the deeper sand, in high-quality sandstones,” Galp stated on this assertion.
“The reservoirs log measures verify good porosities, excessive pressures and excessive permeabilities. Preliminary fluid samples present low oil viscosity and minimal CO2 and H2S concentrations. Samples have been despatched for lab testing,” it added.
In a press release posted on its website on April 21, 2024, Galp said that, “within the Mopane complicated alone, and earlier than drilling extra exploration and appraisal wells, hydrocarbon in-place estimates are 10 billion barrels of oil equal, or greater”.
To contact the creator, e mail andreas.exarheas@rigzone.com
