Chariot defines drilling targets offshore Brazil, Morocco

Jul 9th, 2019
Exploration activity in the Barreirinhas basin offshore Brazil.
Exploration activity in the Barreirinhas basin offshore Brazil.Chariot Oil & Gas

Offshore staff

LONDONChariot Oil & Gas has issued updates on studies of its various offshore licenses.

The company operates four shallow-water blocks in the Barreirinhas basin off Brazil.

Here an integrated seismic interpretation and a competent persons report have identified a large four-way dip-closed structure and a total of seven reservoir targets, with individual potential resources of up to 366 MMbbl. 

Chariot believes a single vertical well on Prospect 1 could penetrate the TP-1, TP-3 and KP-3 stacked targets, with combined prospective resources of 911 MMbbl.

As for the Mohammedia and Kenitra licenses offshore Morocco, geochemical analysis indicates a hydrocarbon charge from Cretaceous or younger source rock.

In addition, good-quality upper Jurassic sandstone reservoirs and effective seal identified in the Rabat Deep 1 well have de-risked various clastic prospects and leads.

Chariot has identified two priority targets, with potential reserves in the MOH-B prospect estimated at 637 MMbbl, and at KEN-A, 445 MMbbl.


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