Operator Rhino Resources has initiated a decisive phase for the PEL 85 block by contracting the Saipem 12000 vessel. This impressive asset is intended to run the Capricornus-1A well to define how far the previously made light oil discovery really goes.
The evaluation of the Capricornus-1A well with the Saipem 12000 vessel.
This move seeks to evaluate the lateral extent of the accumulation and validate reservoir quality in the Lower Cretaceous targets. The joint venture involving Azule Energy, NAMCOR and Korres Investments is focused on transforming data into actual barrels. The Capricornus-1A well is a critical data point for understanding reservoir system connectivity.
Likewise, Travis Smithard has made it clear that data collected through wireline and stem testing will be analyzed under strict flow assurance and geomechanics criteria. These dynamic datasets allow us to refine the understanding of Block 2914 and guide future development plans. The collaborative approach between the partners ensures that the surface evaluation is comprehensive and accurate.
The industry is watching these developments in Namibia closely because the success of the Capricornus-1X well set a positive precedent. The priority now is to integrate these discoveries with other finds in the area to consolidate the commercial potential of the project. The technological sophistication of the Saipem 12000 ensures that fluid collection and geological characterization meet the highest standards of today’s offshore market.
Source and photo: Saipem