BW Energy has completed drilling operations on the Kharas-1 appraisal well in
the Kudu license area, offshore Namibia. The well reached a total depth of
5,100m and intersected multiple reservoir intervals. The well will now be
plugged, and abandoned in line with the planned program.
Several shallow turbidite reservoirs with dry-gas shows were encountered, and
reservoir properties from these and the acquired whole core are now being
evaluated.
In the deeper section of the well, hydrocarbons were encountered in a fractured
volcaniclastic reservoir. This confirms a working petroleum system with
condensate and/or light oil. Further analysis is ongoing to determine the extent
of the system and to characterise reservoir properties and appraisal options.
"Kharas-1 achieved its technical objective of testing multiple targets within a
single penetration and delivered valuable geological, geochemical and
petrophysical data. The results also confirm, for the first time, the presence
of liquid hydrocarbons within the Kudu block and contribute to our understanding
of the broader petroleum system. The reservoir complexity necessitates further
appraisal to assess its potential. Our forward programme will focus on further
high value targets based on the presence of liquid hydrocarbons, as well as gas
and the learnings from Kharas-1A", said CEO Carl Arnet.