Page 20 - AfrOil Week 20 2022

AfrOil NEWS IN BRIEF AfrOil

Hydrocarbon Indicator (DHI). The Horizon 200
target is newly identified from the 2021 Cabora
Bassa 2D Seismic Survey (CB21 Survey) and will
be first target tested in the Mukuyu-1 well.
While there are no wells present in the basin
to enable calibration of the results, the strength
of the anomaly and the values calculated are in
the range that potentially indicate the presence of
light hydrocarbons (most likely gas). The com-
mon depth shut-off of the anomaly as seen on
multiple lines is further indication of a trapped
accumulation. Additional studies from the seis-
mic interpretation have revealed some very pos-
itive elements in the section immediately below
the Horizon 500 level.
The Mukuyu-1 well will test multiple stacked
targets within the greater Mukuyu structure,
which is independently estimated to contain 8.2
During testing, the well flowed at a rate of 2,440 the Mauritania-Senegal, using a vessel which is trillion cubic feet (232.2bn cubic metres) of gas
barrels per day (bpd) of oil after encountering due to arrive later this year. and 247mn barrels of conventional gas conden-
98 feet (29.87 metres) of high-quality pay in Before 2020, Havfram was known as Ocean sate (gross mean unrisked).
sandstone in the Bahariya Formation. It was Installer. Its name change came as it pivoted Managing Director Scott Macmillan com-
connected to production facilities and came on towards offshore wind and opted to become mented: “The Cabora Bassa 2021 Seismic Sur-
stream on May 8. a leader in the global energy transition. It now vey data continues to deliver results ahead of
The well is operated by Farah Petroleum works on both the EPRD of offshore oil and gas the two-well drilling programme scheduled to
Co. (PetroFarah), the joint venture operating services and the installation of greener energy commence in July. The multiple seismic anom-
company set up by Apex and Egyptian General sources. alies evident in the Mukuyu prospect across our
Petroleum Co. (EGPC) in April 2021. bna/IntelliNews, May 17 2022 numerous stacked target horizons, which also
Fajr-8 has become the fifth producing well at demonstrate structural conformance, is highly
Fajr since the field was approved for commercial Seismic inversion results encouraging and provides us with increased
development by the Ministry of Petroleum and confidence in delivering a successful exploration
Mineral Resources in March 2021. show potential for multiple outcome. The drilling campaign is taking shape
Apex holds a 100% working interest in the with the Exalo Rig 202 preparing for mobilisa-
SEM exploration concession, which covers an hydrocarbon-bearing zones tion to Zimbabwe and long lead items arriving
area of 1,713 square km. The company acquired at our warehouse. The Mukuyu-1 wellpad con-
the concession interest through EGPC’s 2016 at Mukuyu gas field struction is anticipated to be completed in the
exploration bidding round and signed its con- next few weeks, and we are also continuing to
cession agreement in August 2017. Invictus Energy is pleased to provide an update make progress on the selection of the second well
bna/IntelliNews, May 13 2022 on the activities of its 80% owned and operated location for the upcoming campaign.”
Cabora Bassa Project in Zimbabwe. Invictus Energy Ltd is an independent
Havfram begins to multiple stacked hydrocarbon bearing zones in Australian Securities Exchange. The Company
Seismic inversion results show potential for upstream oil and gas company listed on the
decommission Mauritania new Post Dande target (Horizon 200). Further is headquartered in Perth, Australia and has
quantitative analysis (QA) studies continue to offices in Harare, Zimbabwe. Invictus is opening
subsea oilfields provide support for the presence of potential one of the last untested large frontier rift basins
hydrocarbons in the Mukuyu structure.
in onshore Africa – the Cabora Bassa Basin –
Havfram, a Norwegian maritime company, has The results from a seismic inversion/QA in northern Zimbabwe through a high impact
announced the start of work at Mauritania’s study indicate that the section immediately exploration programme.
Chinguetti and Banda oilfields, where it has below the Horizon 200 target is likely to com- The Company’s principal asset is SG 4571,
been contracted to oversee the abandonment prise multiple stacked hydrocarbon bearing located in the Cabora Bassa Basin in Zimba-
and decommissioning of subsea facilities. zones, ranging in thickness from 40 metres to bwe, which contains the world class Mukuyu
The company signed an engineering, pro- 80 metres. Accordingly, this has necessitated an (Muzarabani) prospect – the largest undrilled
curement, retrieval and disposal (EPRD) ser- update to the drilling programme to include a prospect onshore Africa independently esti-
vices contract in April, marking the fourth diverter system for the shallow sections of the mated to contain 8.2 trillion cubic feet (232.2bn
project awarded to Havfram in Africa and the Mukuyu-1 well. This attribute is Lambda-Rho cubic metres) of gas and 247mn barrels of con-
Mediterranean in the last year. (LR). ventional gas condensate (gross mean unrisked
The latest deal is also the fourth that Havfram, The ASX release on April 7, 2022, high- basis).
based in Stavanger, has conducted in Maurita- lighted the extensive amplitude anomaly at the Invictus Energy is committed to operating in
nia, including decommissioning operations in Horizon 200 level and the very positive correla- a safe, ethical and responsible manner, respect-
two fields in 2018. Last year, the company was tion of amplitude extent and structural closure. ing the environment, our staff, contractors and
also awarded a contract for the pre-installation This fit to structure is regarded as a very strong the communities in which we work.
and hook-up of the subsea mooring system on attribute for any prospect and a potential Direct Invictus Energy, May 12 2022

P20 www. NEWSBASE .com Week 20 18•May•2022