Comment by
firstworld on May 02, 2022 9:30am
It's a tough call. With RU selling their oil at a 30-40 % discount to 7.5B people over the next ten years it's a harder lift off for Africa. African oil could be good for the 30 or so Nazi affiliated countries though... The front end investments are so huge and payback so long...
Comment by
papaloapan on May 02, 2022 12:59pm
Excellent article, and explanation of the geology. There was another in Offshore Magazine this week which touches on both Namibia and Brulpadda. https://www.offshore-mag.com/home/article/14235448/venus-graff-wells-open-frontier-oil-play-offshore-namibia
Comment by
hikari on May 03, 2022 12:28am
Hay Papa, Good to hear that you like the article. If you are a G&G and if you are interested in Namibia's geology, I got here a PETEX presentation with a very good overview and sum up of the geology of Namibia. https://www.serica-energy.com/downloads/presentations/PETEX%20Tues_18th_Nov_2014.pdf
Comment by
papaloapan on May 03, 2022 9:03am
Thanks Hikari. Interesting, and also highlights how long this process takes. We are the harvesting phase now, which will still take time in absolute terms, but the results are much clearer.
Comment by
hikari on May 05, 2022 4:32am
And here we have more about the hot G&G stuff First Break, see page 68 , .. and page 91, ... https://issuu.com/eage/docs/linked_hr_22768-fb22_may_?e=2281582/91295566
Comment by
hikari on May 05, 2022 4:34am
Whereat Cole is more optimistic now after the Graff and the Venus discoveries. https://www.researchgate.net/publication/357205851_Orange_Basin_Petroleum_Geochemistry_and_3D_Modeling_2021
Comment by
toptiger on May 05, 2022 9:55am
bloody hell that is detailed, and not being an engineer/physicist i'll take your word for it he is happier but thanks anyway :-)
Comment by
hikari on May 08, 2022 4:39am
and IMHO it is worth to re read this 2017 artcle. If HRT would have drilled big sand bodies instead of small sand lenses in the Aptian, the present would be another scenario. HRT demonstrated how to hit the bar and the goalpost but did not score. https://www.offshore-mag.com/geosciences/article/16755987/deepwater-turbidites-offshore-namibia-shown-to-provide-highquality-reservoir-sands