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Namibia: Tullow farm-in

Tullow Oil has farmed into Pancontinental’s EL 0037 in the Walvis Basin, taking 65%. The block is immediately north of HRT’s licence, where the Wingat well was drilled earlier this year (AE 255/12). Wingat was non-commercial, but samples of light oil were recovered. Industry sources said the well had proved that the oil system in the Walvis Basin was working, but had tested the wrong reservoir interval. HRT said Wingat had identified two well-developed source rocks, both within the oil-generating window, and collected four samples from thin-bedded sandy reservoirs saturated by oil.

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