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Thursday, August 8, 2013
Brazilian explorer HRT is not shying away from drilling in Namibia despite the results seen from its first two wells. The company, almost on the back of announcing the results from the Murombe well, has spud the Moosehead-1 well.
The well is targeting the Moosehead Prospect on PEL 24 in the Orange Basin. The well will test a Cretaceous age, 546 sq km 4-way dip closure, mapped on a 3D PSDM seismic set. The main objective of this well is to test the oil potential of Barremian-aged carbonate reservoirs, expected to be equivalent to the Brazil and Angola ‘pre-salt’ reservoirs. Several source rocks are expected to be penetrated, including the Aptian source rock, which is anticipated to be oil generating according to HRT’s geochemical modeling.
Moosehead-1 well is located in 1,727 meters of water and will be drilled to a projected total depth of 4,100 meters by the Transocean Marianas semi-submersible rig. The total time estimated to complete the operations is about 53 days.
“After drilling our first two wells in the Walvis Basin, we are now moving to the Orange Basin to drill our third well, and test a giant structure where the target reservoirs are equivalent to the Santos Basin sub-salt prospects, considered analogs. We start this well with the same optimism that has guided us to design these three exploration wells test,” Milton Franke, the CEO of HRT said.
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