Tullow, partners assess offshore Namibia drilling prospects

Tullow Oil has completed much of the agreed work program for the EL 0037 permit in the Walvis basin offshore Namibia, according to partner Pancontinental Oil & Gas.

Offshore staff

WEST PERTH, AustraliaTullow Oil has completed much of the agreed work program for the EL 0037 permit in the Walvis basin offshore Namibia, according to partner Pancontinental Oil & Gas.

This included acquiring 3,000 sq km (1,158 sq mi) of 3D seismic; 1,000 km (621 mi) of 2D seismic; processing, interpretation, and mapping.

The partners are now determining which prospects will be high graded for a drilling campaign. The main prospects mapped on 3D data are Cormorant, Albatross, Seagull and Gannet North and South, all in the northern blocks of the license and on trend to Namibia’s first offshore oil discovery.

Combined prospective resources are 915 MMbbl of oil recoverable.

There may be additional potential in three leads and extensive not yet covered by 3D seismic.

10/31/2016

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