In this interview Mr Bose from Sintana is talking how quickly and successfully GALP, Chevron as operators are moving forward with their exploration and approval wells campaigns in their blocks in the Orange Basin, Namibia offshore.
Sintana Energy CEO Robert Bose recently spoke with Steve Darling from Proactive to provide an update on the company’s second exploration campaign in Namibia’s Orange Basin. The campaign is focused on Blocks 2813A and 2814B, governed by Petroleum Exploration License 83 (PEL 83), which is operated by Galp Energia. Sintana indirectly holds a 49% interest in Custos Energy, which maintains a 10% working interest in PEL 83, alongside NAMCOR’s 10% stake.The PEL 83 Joint Venture recently announced a significant milestone: the successful drilling and logging of the Mopane-2A well (Well #4), which spud on December 2. The exploration revealed hydrocarbons in two reservoirs: a gas-condensate column in AVO-3, characterized by thin net pay within its sweet spot, and a light oil column in AVO-4. Bose highlighted the reservoirs' promising characteristics, including high-quality sands with excellent porosity, permeability, pressure, and fluid properties.Additionally, the reservoirs exhibited minimal CO2 content and no H2S or water contacts, further underscoring their quality. The data collected from Mopane-2A is now under analysis to deepen the understanding of the Mopane complex and evaluate its commercial viability.Meanwhile, the drillship has relocated to the Mopane-3X exploration well (Well #5) site, where drilling is set to target two stacked prospects, AVO-10 and AVO-13. Spudding for this well is scheduled for early January. This progress reflects Sintana Energy’s commitment to advancing its exploration initiatives in one of the world’s most promising emerging hydrocarbon basins.
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My impression is that at Woodside they went for Christmas Holidays first, after the seismic licence was approved in 2024. When they return to the office after the Happy New Year hangover they will start to discuss that they have to prepare an exploration well in Namibia. I really hope that they oversleep the Namibia deadline that PCL can kick them out and get a more professional and more committed farm in partner and operator than Woodside. I even guess Qatar Energy is shying away from Woodside as dodgy operator.
(20min delay)