PCL 4.00% 2.6¢ pancontinental energy nl

TotalEnergies starts new flow tests on mighty Venus discovery in...

  1. 3,702 Posts.
    lightbulb Created with Sketch. 1075
    TotalEnergies starts new flow tests on mighty Venus discovery in Namibia

    "TotalEnergies is running simultaneous flow tests in a pair of wells on its huge Venus oil discovery offshore Namibia, according to head of exploration Kevin McLachlan. The supermajor currently has two rigs involved in appraising Venus — the drillship Tungsten Explorer, which it partly owns, and the semi-submersible drilling rig Deepsea Mira — in the prolific Orange basin.

    MacLachlan told delegates at the BEOS event — organised by GESGB and AAPG — on Tuesday that “two DSTs are ongoing”, but did not go into detail. However, Upstream understands that the flow tests are being carried out on the Venus-2A appraisal well by Deepsea Mira and on the Mangetti-1X probe by Tungsten Explorer. The latter well made a major discovery at the shallower Mangetti prospect, and successfully drilled deeper to hit a northern extension of Venus. It is this deeper Venus section of this well that is being tested.

    McLachlan pointed out that TotalEnergies has already carried out two successful drill stem tests on Venus, as it gathers more data to incorporate into a development plan for the ultra-deepwater scheme. Satellite data indicates hydrocarbons have so far flowed to the surface — as evidenced by flares — at the Mangetti-1X location on two occasions this month, 18 and 21 March. On Venus-2A, flares began to be spotted on satellite data yesterday, on two separate occasions."
 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $209.7M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $193.5K 7.441M

Buyers (Bids)

No. Vol. Price($)
21 5664673 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 529200 1
View Market Depth
Last trade - 14.55pm 30/04/2024 (20 minute delay) ?
Last
2.6¢
  Change
0.001 ( 4.00 %)
Open High Low Volume
2.6¢ 2.7¢ 2.6¢ 6744703
Last updated 14.34pm 30/04/2024 ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.