Petroleum Africa
Find us on: 
Thursday, September 10, 2020
According to reports, Renergen has been forced to abandon an inclined well targeting gas-bearing fracture systems in the Virginia Gas Project in the Free State of South Africa. The Virginia Gas Project covers 187,000 hectares of gas fields across Welkom, Virginia and Theunissen.
When drilling the inclined well, the base assembly was lost before breaking through the base of the Karoo sedimentary rock and the company decided it best to abandon the well. As a result, Renergen will secure a directional drilling rig and undertake a new drilling plan.
CEO Stefano Marani commented on the setback: “It is unfortunate that the drilling rod broke, but unfortunately accidents happen beyond anyone’s control. The silver lining is that it resulted in us gaining access to a fit-for-purpose directional drilling rig, which means we will be able to drill with far greater confidence and speed.
“Where we were drilling one before, now we have multiple targets being drilled concurrently, and in some highly prospective areas where indications of gas are strong, and no exploration drilling has been undertaken to date,” he added.
" alt="Sintana to Expand Asset Base in Namibia with Acquisition">
" alt="Luanda Gives Afentra Nod for Azule Acquisition">
" alt="TotalEnergies Increases Stake in ROC’s Giant Moho Field and Sells Mature Assets">
" alt="Africa’s $824 Billion Debt Burden and Opaque Resource-Backed Loans Hinder its Potential">
" alt="African Refiners Ponder Threats to Energy Security for Africa as Transition Takes Center Stage">
" alt="Invictus Inks Gas Sales MOU to Deliver Power to Eureka Gold Mine">
" alt="Globeleq Acquires the 25 MWp Winnergy Solar PV Plant in Egypt">
" alt="Sintana Completes Well Testing at Mopane 1-X in Namibia">
