Petrobras finds oil in Campos Basin
The oil was discovered in the exploratory Natator well in the Sudoeste de Tartaruga Verde block.
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The oil was discovered in the exploratory Natator well in the Sudoeste de Tartaruga Verde block.
The data covers the company’s Welwitschia Deep prospect and Marula lead.
The company has said however that Premier Oil has withdrawn from the project, as the well did not meet its pre-drill expectations.
Initial recoverable resource estimates put the discovery at between 26 and 97 million boe.
The Monument exploration well found approximately 200 ft (c. 60 m) of net oil pay with good reservoir characteristics in Paleogene sandstone.
The company, under contract to TGS, has completed the offshore 'seep-hunting' surface geochemical analysis and geotechnical campaign of the MSGBC Basin.
A client of SeaBird Exploration has cancelled two OBN surveys off West Africa due to the Covid-19 situation.
The new deadline for the closing date of Lebanon's ongoing second offshore exploration licensing round is 1 June 2020.
The latest Kwanza Shelf survey will provide key data for the Angolan 2021 Licence Round.
Sapakara West-1 was drilled to a depth of approximately 6300 m (20 700 ft), and successfully tested for the presence of hydrocarbons in multiple stacked targets.
The 5600 km2 survey will be undertaken over 90 days and is an extension of Atlantic Margin surveys acquired between 2017 and 2019.
ANP announced the suspension in compliance with a request from the country's Ministry of Mines and Energy.