…Supermajor may spud first exploration well in October 2024.
Chevron is preparing the ground to drill up to 10 exploration and appraisal wells in a highly promising block in Namibia’s exciting Orange basin, directly north of TotalEnergies’ multibillion-barrel Venus discovery.
The US supermajor farmed in to Block 2813AB last year, shortly after Tullow Oil exited and Venus was discovered, eventually acquiring all of the interest held by Australian junior Harmattan Energy and part of the stake held by local player Trago Energy.
Supermajor may spud first exploration well in October 2024.
It has been reported that recently, Chevron contracted SLR Environment Consulting to undertake an environmental and social impact assessment for an oil exploration project in the Orange Basin.
The impact assessment project leader, Nicholas Arnott, says the exploration project will continue to the development phase should the company find a substantial deposit of hydrocarbons in block 2813B.
“The proposed exploration project is intended to inform the extent, nature, and economic feasibility of pursuing the production of hydrocarbon resources.
“The purpose of the project is to drill exploratory wells to assess the potential to develop oil and gas resources,” he says.
Business Express/Upstream