Brazil’s HRT Participações em Petróleo’s latest deepwater wildcat offshore southern Africa’s Namibia has been completed without hitting commercial oil reserves.
Block partner Galp Energia of Portugal said the Wingat-1 exploration well had finished drilling and indicated the presence of oil “although not in commercial quantities”. The well, spudded on 25 March, was drilled in Petroleum Exploration Licence (PEL) 23 in the Walvis basin. The probe was drilled in a water depth of 1,005 m (3,297 ft) to a total well depth of 5,000 m (16,405 ft).
Galp said the reservoir quality was much less developed than originally expected.
The Transocean Marianas semisubmersible rig has plugged and abandoned the well, and moved to spud a well imminently on the Murombe prospect 15 km west of Wingat-1, to test a Cretaceous basin floor fan.
Galp holds a 14% stake in the consortium, operated by HRT Participações em Petróleo of Brazil. A further wildcat is planned to be spudded in the third quarter of this year in PEL 24 in the Orange basin, on the Moosehead prospect.
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