Baku, Azerbaijan, April 24. Eni has confirmed
the preliminary results from the Capricornus 1-X well, located in
Namibia’s Orange Basin, operated by Rhino Resources, Trend reports.
Drilled on the Noble Venturer drillship, the well reached its
total depth on April 2, successfully targeting the Lower Cretaceous
formation.
The well encountered 38 meters of net pay with favorable
petrophysical properties and no water contact observed. Hydrocarbon
samples and sidewall cores were collected through wireline logging
operations. A production test conducted on the light oil-bearing
reservoir achieved a flow rate exceeding 11,000 barrels per day
with minimal associated gas and no hydrogen sulfide.
Following the test, the well will be temporarily plugged and
abandoned, and the rig will be released.
The Petroleum Exploration License 85 (PEL85) is operated by
Rhino Resources, with co-venturers Azule Energy, Namcor, and Korres
Investments. Eni and bp each hold a 50% interest in Azule
Energy.