Eni has confirmed the preliminary results of the Capricornus 1-X well in Namibia’s Orange basin.
The well, operated by Rhino Resources, was spudded on February 17 using the Noble Venturer drillship and reached total depth on April 2.
The well successfully penetrated the Lower Cretaceous target, finding 38 meters of net pay with good petrophysical properties.
Hydrocarbon samples and sidewall cores were collected, and a production test achieved a surface-constrained flow rate exceeding 11,000 barrels per day.
The well will be temporarily plugged and abandoned, and the rig will be released.
Laboratory studies will be conducted on fluid samples collected during the test.
Petroleum Exploration License 85 (PEL85) is operated by Rhino Resources (42.5%), with co-venturers Azule Energy (42.5%), Namcor (10%), and Korres Investments (5%).
Eni and bp each hold a 50% interest in Azule Energy.
Source:https://energynewsafrica.com
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