ReconAfrica units out 2022 drilling plans, play evaluation
ReconAfrica has confirmed plans for at the very least three take a look at wells this yr, plus a sidetrack of the 6-2 effectively, starting within the second quarter.
The corporate, in an replace this morning, stated these three wells could be the primary into seismically outlined traps. The intent is to show commerciality of the petroleum system.
The Canadian explorer set out its plans, and a few of its considering, saying that its first two stratigraphic wells drilled in 2021 had established a “vital rift basin”.
ReconAfrica based mostly its evaluation on the 2 wells and the primary part of 2D seismic. A second part of 2D is underneath method. That is round 600 km.
ReconAfrica CEO Scot Evans stated the work has “elevated our confidence that the Kavango Basin is very potential for standard oil and pure fuel”.
Beginning the second part of labor, Evans thanked the Namibian individuals and native communities. Internally and externally, work goes forward in decoding the Kavango Basin. The CEO described it as “one of many largest undeveloped onshore basins on this planet”.
Basin work
ReconAfrica has divided the Kavango into 5 sub-basins, with preliminary work targeted on one in all these.
The corporate stated its interpretation had established three performs. The first and secondary, Karoo Rift Fill and Intra Rift Fault Blocks, have mild oil. The third, the Damara Fold Belt, is a brand new play with fuel and condensate. It described the latter as “coherent, mappable and doubtlessly giant”.
ReconAfrica’s work has discovered 5 drillable prospects, which incorporates the sidetracking of the 6-2. It has additionally discovered one other 18 leads, all within the first sub-basin.
It has established six potential reservoirs and 4 potential supply rock intervals.
The preliminary focus might be an space named the Central Graben West (CGW). As seismic progresses although, this will likely change.
The corporate plans a 3rd seismic part to start mid-2022. This can purpose to maneuver past establishing the regional context to truly offering prospect definition for drilling.