Sagittarius well offshore Namibia spud

The Noble Venturer drillship has spud the Sagittarius 1-X exploration well in the Orange Basin offshore Namibia.

According to operator Rhino Resources, this is the first of two back-to-back wells; further activities could follow depending on the results.

The location is in 1 400 m of water in PEL 85. Drilling of the initial well should last about 45 days.

To the west is the Shell-operated PEL 39. The Galp-operated PEL 83 to the northwest contains the giant Mopane oil discovery drilled earlier this year and recently appraised.

Despite the proximity to these prospective areas, Rhino and its partners are looking to test different elements of the play fairway in an updip position within the basin.

Exceed, which oversaw drilling of the recent Galp wells, is supporting Rhino’s drilling team.



Azule

Azule Energy, the joint E&P venture in Angola between bp and Eni, has gained approvals to farm into PEL 85 with a 42.5% interest, identical to Rhino’s share. The other partners are Namcor (10%) and Korres Investments (5%).

Post completion of the transaction, the contractor group now consists of Rhino Resources Namibia Ltd. (operator, 42,5%) Azule Energy Exploration Angola (KB) Ltd. (42.5%), Namcor Exploration and Production (Proprietary) Ltd. (10%) and Korres Investments (Pty) Ltd. (5%).

Rhino retains operatorship through the exploration phase, while Azule has the option to become operator for any development that may follow. - Offshore Magazine

Kommentaar

Republikein 2025-02-05

Geen kommentaar is op hierdie artikel gelaat nie

Meld asseblief aan om kommentaar te lewer

Katima Mulilo: 19° | 33° Rundu: 19° | 32° Eenhana: 19° | 30° Oshakati: 21° | 30° Ruacana: 19° | 27° Tsumeb: 19° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 32° Windhoek: 19° | 29° Gobabis: 21° | 33° Henties Bay: 18° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 14:54, High tide: 08:30, Low Tide: 02:00, High tide: 21:12 Swakopmund: 18° | 18° Wind speed: 22km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:28, Low Tide: 02:00, High tide: 21:10 Walvis Bay: 18° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:27, Low Tide: 02:00, High tide: 21:09 Rehoboth: 19° | 30° Mariental: 21° | 33° Keetmanshoop: 20° | 33° Aranos: 23° | 34° Lüderitz: 17° | 32° Ariamsvlei: 22° | 33° Oranjemund: 14° | 22° Luanda: 26° | 28° Gaborone: 21° | 35° Lubumbashi: 17° | 18° Mbabane: 19° | 25° Maseru: 16° | 23° Antananarivo: 18° | 22° Lilongwe: 17° | 28° Maputo: 23° | 34° Windhoek: 19° | 29° Cape Town: 17° | 23° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 26° | 31° Lusaka: 17° | 26° Harare: 16° | 30° Currency: GBP to NAD 23.16 | EUR to NAD 19.31 | CNY to NAD 2.55 | USD to NAD 18.55 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.19 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 134.36 | USD to AOA 912 | USD to BWP 13.9 | USD to EGP 50.27 | USD to KES 129.2 | USD to NGN 1496.41 | USD to ZAR 18.54 | USD to ZMW 28 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 86452.63 Up +1.13% | Namibian Stock Exchange (NSX) Overall Index 1761.86 Up +0.86% | Casablanca Stock Exchange (CSE) MASI 16246.33 Up +0.23% | Egyptian Exchange (EGX) 30 Index 29668.47 Down -0.29% | Botswana Stock Exchange (BSE) DCI 10075.28 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 878.15/OZ UP +1.29% | Copper US$ 4.37/lb UP +0.71% | Zinc US$ 2 787.00/T DOWN -0.92% | Brent Crude Oil US$ 75.68/BBP DOWN -0.013 | Platinum US$ 1 013.14/OZ UP +1.22% Sport results: Weather: Katima Mulilo: 19° | 33° Rundu: 19° | 32° Eenhana: 19° | 30° Oshakati: 21° | 30° Ruacana: 19° | 27° Tsumeb: 19° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 32° Windhoek: 19° | 29° Gobabis: 21° | 33° Henties Bay: 18° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 14:54, High tide: 08:30, Low Tide: 02:00, High tide: 21:12 Swakopmund: 18° | 18° Wind speed: 22km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:28, Low Tide: 02:00, High tide: 21:10 Walvis Bay: 18° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:27, Low Tide: 02:00, High tide: 21:09 Rehoboth: 19° | 30° Mariental: 21° | 33° Keetmanshoop: 20° | 33° Aranos: 23° | 34° Lüderitz: 17° | 32° Ariamsvlei: 22° | 33° Oranjemund: 14° | 22° Luanda: 26° | 28° Gaborone: 21° | 35° Lubumbashi: 17° | 18° Mbabane: 19° | 25° Maseru: 16° | 23° Antananarivo: 18° | 22° Lilongwe: 17° | 28° Maputo: 23° | 34° Windhoek: 19° | 29° Cape Town: 17° | 23° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 26° | 31° Lusaka: 17° | 26° Harare: 16° | 30° Economic Indicators: Currency: GBP to NAD 23.16 | EUR to NAD 19.31 | CNY to NAD 2.55 | USD to NAD 18.55 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.19 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 134.36 | USD to AOA 912 | USD to BWP 13.9 | USD to EGP 50.27 | USD to KES 129.2 | USD to NGN 1496.41 | USD to ZAR 18.54 | USD to ZMW 28 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 86452.63 Up +1.13% | Namibian Stock Exchange (NSX) Overall Index 1761.86 Up +0.86% | Casablanca Stock Exchange (CSE) MASI 16246.33 Up +0.23% | Egyptian Exchange (EGX) 30 Index 29668.47 Down -0.29% | Botswana Stock Exchange (BSE) DCI 10075.28 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 878.15/OZ UP +1.29% | Copper US$ 4.37/lb UP +0.71% | Zinc US$ 2 787.00/T DOWN -0.92% | Brent Crude Oil US$ 75.68/BBP DOWN -0.013 | Platinum US$ 1 013.14/OZ UP +1.22%