TotalEnergies oil find promising
Located approximately 290 kilometres off the coast of Namibia in a deep-water offshore exploration block, the Venus-1X well was drilled to a total depth of 6 296 metres by the Maersk Voyager drillship.
OGONE TLHAGE
WINDHOEK
TotalEnergies has confirmed the presence of light oil on the Venus-1X prospect, located in block 2913B (PEL 56) in the Orange Basin, the National Petroleum Corporation of Namibia (Namcor) announced.
This follows on the heels of a recent promising discovery in the same basin by Shell. Commenting on the matter, Namcor managing director Immanuel Mulunga said it was a game changer for Namibia.
“Following the recent success of the Graff-1 well by Shell, this second light oil discovery by TotalEnergies has demonstrated the world-class potential of this new play in the deep-water of the Orange Basin, which could be a major game changer for Namibia’s economy and its people. We look forward to the upcoming appraisal programme to quantify the extent of this major discovery.”
The Venus-1X discovery is located approximately 290 kilometres off the coast of Namibia in a deep-water offshore exploration block. The well was drilled to a total depth of 6 296 metres by the Maersk Voyager drillship, and encountered a high-quality, light oil-bearing sandstone reservoir of lower cretaceous age, Namcor said.
Significant
Oil and gas news website Upstream said TotalEnergies had made a significant discovery.
It is understood that coring and sampling of the well took place along with several days of wireline operations, plus other tests. The quality of the crude is unclear, but there is speculation that it could be light oil, with associated gas.
TotalEnergies is set to plug and abandon Venus-1, as under its original plan, with operations on the well said to be close to being wrapped up.
Block 2913B (PEL 56) comprises of a Joint Venture group that includes TotalEnergies (40%), QatarEnergy (30%), Impact Oil and Gas (20%) and Namcor (10%).
WINDHOEK
TotalEnergies has confirmed the presence of light oil on the Venus-1X prospect, located in block 2913B (PEL 56) in the Orange Basin, the National Petroleum Corporation of Namibia (Namcor) announced.
This follows on the heels of a recent promising discovery in the same basin by Shell. Commenting on the matter, Namcor managing director Immanuel Mulunga said it was a game changer for Namibia.
“Following the recent success of the Graff-1 well by Shell, this second light oil discovery by TotalEnergies has demonstrated the world-class potential of this new play in the deep-water of the Orange Basin, which could be a major game changer for Namibia’s economy and its people. We look forward to the upcoming appraisal programme to quantify the extent of this major discovery.”
The Venus-1X discovery is located approximately 290 kilometres off the coast of Namibia in a deep-water offshore exploration block. The well was drilled to a total depth of 6 296 metres by the Maersk Voyager drillship, and encountered a high-quality, light oil-bearing sandstone reservoir of lower cretaceous age, Namcor said.
Significant
Oil and gas news website Upstream said TotalEnergies had made a significant discovery.
It is understood that coring and sampling of the well took place along with several days of wireline operations, plus other tests. The quality of the crude is unclear, but there is speculation that it could be light oil, with associated gas.
TotalEnergies is set to plug and abandon Venus-1, as under its original plan, with operations on the well said to be close to being wrapped up.
Block 2913B (PEL 56) comprises of a Joint Venture group that includes TotalEnergies (40%), QatarEnergy (30%), Impact Oil and Gas (20%) and Namcor (10%).
Comments
Namibian Sun
No comments have been left on this article