Chariot Oil & Gas Limited announce commencement of drilling operations for Prospect S Well, Namibia

Published by Aimee Knight, Editorial Assistant
Oilfield Technology, Monday, 01 October 2018 09:00

Chariot, the operator of the Central Blocks licence offshore Namibia (Chariot 65%, Azinam 20%, NAMCOR 10% and Ignitus 5%) anticipates that spud will occur shortly after its arrival and that operations will take approximately 40 days.

Prospect S, independently estimated as a gross mean prospective resource of 459 million bbls and a probability of geologic success of 29% by Netherland Sewell Associated Inc., is one of five dip-closed structural traps, totalling 1758 million bbls gross mean prospective resources, that have been identified in the Upper Cretaceous turbidite clastic play fairway. A further two higher risk-reward stratigraphic traps, totalling 885 million bbls gross mean prospective resources, could be de-risked through the calibration of the 6100 km² of proprietary 3D seismic data on the Central Blocks with the result of the Prospect S well.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/01102018/chariot-oil-gas-limited-announce-commencement-of-drilling-operations-for-prospect-s-well-namibia/

EIA: well completions per location more than double in Lower 48 US states as technology advances

Friday 09 May 2025 10:00

The increasing number of simultaneous completions reflects significant technological advances in hydraulic fracturing operations, particularly in equipment capabilities and operational strategies.

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