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Invictus Energy signs drilling rig contract for Cabora Bassa project

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Oilfield Technology,

Invictus Energy, operator of the Cabora Bassa project in Zimbabwe, has executed a binding drilling rig contract with Exalo Drilling SA to drill the Muzarabani-1 exploration well and an option for an additional exploration well for the basin opening drilling campaign, scheduled to commence in June 2022.

The contract comes after Invictus entered an MoU with the company last December and involves the Exalo #202 rig, which has a drilling range of 5000 m. The #202 Rig is currently engaged in operations in Tanzania and is expected to commence mobilisation to the Cabora Bassa project in May.

Last week the company finalised processing of its 2021 Cabora Bassa 2D Seismic Survey (CB21 Survey), with interpretation of the data now underway. Early interpretation has revealed multiple trapping geometries and a target rich hydrocarbon environment.

The company has identified a number of potential well locations for the Muzarabani-1 well and is maturing additional prospects identified from the CB21 Survey for a second well to be drilled in the upcoming campaign.

The Muzarabani-1 well is targeting prospective resources of 8.2 trillion ft3 and 247 million barrels of conventional gas-condensate.

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Exclusive contributions come from Varel Energy Solutions, Rystad Energy, Gyrodata, 3X Engineering, Tracerco, Ulterra Drilling Technologies and more.

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