Gulf Oil and Gas accountACCOUNT

Africa Energy Spuds Brulpadda-1AX Well Offshore South Africa

Source: www.gulfoilandgas.com 12/27/2018, Location: Africa

Africa Energy Corp, an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce spud of the Brulpadda-1AX re-entry well on Block 11B/12B offshore South Africa. Africa Energy holds a 4.9% effective interest in Block 11B/12B.

Garrett Soden, Africa Energy's President and CEO, commented, "The Brulpadda-1AX exploration well is a world-class, basin-opening opportunity in one of the last under-explored regions offshore Africa. We look forward to drilling results in the first quarter of 2019."

Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers off the southern coast of South Africa. The area has a proven petroleum system from the nearby Sable and Oryx oil fields. The Brulpadda Prospect is one of five similar submarine fan prospects with direct hydrocarbon indicators defined utilizing 2D seismic surveys acquired across the Paddavissie Fairway in 2001 and 2005. The Brulpadda Prospect has gross prospective resources of more than 500 million barrels with significant follow-on potential in the success case.

The Brulpadda-1AX exploration well is being drilled in 1,432 meters of water by the Odfjell Deepsea Stavanger semi-submersible rig to a total depth of 3,420 meters subsea. The well will test the oil potential in a mid-Cretaceous aged deep marine fan sandstone system within combined stratigraphic/structural closure. Drilling and evaluation of the well is expected to take approximately 85 days with a gross budget of approximately US$154 million, including contingency for downtime due to weather.

Africa Energy holds 49% of the shares in Main Street 1549 Proprietary Limited, which has a 10% participating interest in Block 11B/12B. Total SA is operator and has a 45% interest in Block 11B/12B, while Qatar Petroleum and Canadian Natural Resources Limited have 25% and 20% interests, respectively.

For more information about related Opportunities and Key Players visit Sub-Saharan Africa Projects

Drilling News in South Africa >>

Botswana >>  3/18/2019 - Tlou Energy, the ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the development of coal bed metha...
Egypt >>  3/14/2019 - Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptia...

Azerbaijan >>  3/13/2019 - Contract signature ceremony for the drilling services between Caspian Drilling Company Ltd. (CDC) and Norwegian Equinor Azerbaijan Karabakh BV (Equino...
Norway >>  3/13/2019 - Wellesley Petroleum AS, operator of production licence 871, is in the process of concluding the drilling of wildcat well 25/1-13. The well was drilled...

Saudi Arabia >>  3/13/2019 - Saipem has been new awarded new contracts, and extensions to other already existing contracts, in Onshore Drilling worth approximately 220 million USD...
Russia >>  3/11/2019 - Tyumenneftegaz, a Subsidiary of Rosneft, drilled 15 downhole splitters at Russkoe field in 2018, which is 30% more year-on-year. All the drilled horiz...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


South Africa Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in South Africa >>

More News

Related Links

Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.