Page 14 - AfrOil Week 19 2021

AfrOil NEWS IN BRIEF AfrOil

UPSTREAM confident on the remaining exploration potential line spacing), regional aerogravity data, topo-
in this huge block. Plans now return to focus on graphic maps, digital geologic maps and pub-
Panoro Energy says production growth at Tortue and the next phase lished articles.
Interpretation of high-resolution magnetic
at the Hibiscus Ruche fields. Dussafu remains a
DHIBM-2 Hibiscus highly valuable, long term asset and we look for- data has revealed several deep-seated basement
ward to continuing to bring production online structures and helps to constrain the results
Extension well did not and explore for additional reserves.” obtained previously form existing aerogravity
data.
Panoro Energy, May 05 2021
encounter hydrocarbons understanding of the geologic evolution of the
This new information improves the Board’s
Panoro Energy has announced that the Frontier Resources basin and will serve as a guide to optimally locate
DHIBM-2 Hibiscus Extension well did not International says active the focus areas of the continuing exploration
encounter hydrocarbons in the target Gamba programme which may include a geochemical
reservoir. hydrocarbon system in soil gas survey followed by the acquisition of 2D
The Borr Norve jackup rig, currently drilling seismic data.
the DHIBM-2 well, has drilled through the main Namibia continues to The area has become a primary target in the
targeted Gamba sandstone in a structurally high region for natural gas as a source for power gen-
position, but logging results indicate that the exceed expectations eration with the recent announcement on the
Gamba is water wet and no hydrocarbon shows discovery of over of 660 feet (200m) of oil and
were encountered to date. The well will be drilled Frontier Resources International, the privately gas shows in a well drilled in the nearby Kavango
and logged to a Total Depth of 3,500 metres as held Houston-based international gas explora- Basin. This well penetrated several zones con-
planned. The rig will then move to drill the tion company with a focus on Southern Africa, taining porous and permeable sediments. The
DTM-7H production well at the Tortue field, fol- has provided an operational update on its activ- data proves the existence of an active hydrocar-
lowed by another exploration well on the Hibis- ities in Namibia. bon system with possible multiple source inter-
cus North prospect. The data acquired from the Frontier’s Blocks 1723, 1724 and 1823 are in vals. In addition, the analysis of mud gas shows
DHIBM-2 well will be analysed and integrated the Caprivi Basin in Northern Namibia, cover- during the drilling operation identified a high
into the larger Dussafu model to further refine ing an area of approximately 6,427 square km. BTU (British Thermal Unit) gas in numerous
the extensive exploration prospect inventory. A two-year Reconnaissance license was granted cutting samples.
The existing Hibiscus 2P gross recovera- on July 1, 2019. Frontier has a strategic relation- Commenting today on behalf of the Group,
ble reserves of 46.1mn barrels established by ship with local company Gondwana Petroleum Jack Keyes, Frontier’s CEO, said: “The recent
the DHIBM-1 well and its appraisal sidetrack, to provide technical services and act as operator announcement of the presence of an active
drilled in 2019, remain unaffected and will form for the project. hydrocarbon system in the area is very exciting
the core of the upcoming Hibiscus/Ruche devel- Since the issuance of the license Frontier and for all those involved in gas exploration in this
opment project. Planning for this next phase its partners have gathered all available geological, region. We look forward to plan the next phase
remains on track. geophysical, geochemical and potential field data of our exploration activity.”
John Hamilton, CEO, said: “We are clearly pertinent to the Blocks. Frontier Resources International, May 05 2021
disappointed with the Hibiscus Extension well The Company has recently completed the
result, which in a success case would have made interpretation of a gravity and magnetic survey
the Hibiscus area even bigger than the origi- over the acreage. Datasets used in the study con- SERVICES
nal discovery. However, we remain extremely sisted of: high resolution magnetic data (200m
PGS’ MultiClient seismic

reveals opportunities

offshore Egypt in 2021
licensing round

PGS has 3,400 km of modern MultiClient seis-
mic data covering all the blocks on offer in the
Egypt Offshore Licensing Round. This much-an-
ticipated round extends exploration opportuni-
ties in one of Africa’s most prolific petroleum
provinces.
The Ministry of Petroleum recently
announced an Egypt Offshore Licensing Round
in a highly prospective area of the eastern Med-
iterranean. Offshore Egypt is bounded to the
south by the mature onshore Western Desert
basins and includes the prolific Nile Delta cone.
PGS’ modern broadband data library coverage
reveals multiple opportunities.

P14 www. NEWSBASE .com Week 19 12•May•2021