Rhino Resources, Halliburton complete two exploration wells in Block 2914 in Namibia

GlobalData

Fri, May 16, 2025, 3:23 PM 2 min read

Rhino Resources and Halliburton person delivered the archetypal 2 exploration wells successful Block 2914 wrong Petroleum Exploration License 85 offshore Namibia.

This marks a important milestone arsenic these wells are the archetypal to beryllium completed wholly utilizing in-country infrastructure, leveraging Halliburton’s operational bases successful Walvis Bay, Swakopmund and Lüderitz.

The completion of these wells is grounds of the increasing entreaty of Namibia's offshore basins to planetary investors.

Halliburton sub-Saharan Africa vice-president Antoine Berel said: “This occurrence is an illustration of what is imaginable erstwhile world-class technology, section collaboration and a shared semipermanent imaginativeness travel together.

“Our recently established infrastructure crossed Namibia enabled this discovery, which volition assistance unlock Namibia’s vigor imaginable and physique the capableness to enactment the country’s aboriginal arsenic an vigor hub successful Africa.”

In February, Rhino Resources confirmed the beingness of a hydrocarbon-bearing reservoir with the completion of the Sagittarius 1-X well astatine the PEL85 licence successful the Orange Basin.

The Sagittarius 1-X good was spudded connected 18 December 2024 and reached its full extent connected 6 February 2025, utilising Noble's Noble Venturer drill-ship.

Rhino Resources, with a 42.5% interest, operates the PEL85 licence, alongside Azule Energy Exploration Angola, besides holding a 42.5% stake. NAMCOR Exploration and Production and Korres Investments person a 10% and 5% interest, respectively.

Additionally, Halliburton's collaboration with Sekal successful February has led to the deployment of what is claimed to beryllium the world's archetypal automated on-bottom drilling system for Equinor successful the North Sea.

This innovative strategy combines Halliburton's LOGIX automation and distant operations with Sekal’s Drilltronics solution and the rig automation power system, aiming to optimise drilling parameters and heighten good placement accuracy successful existent time.

"Rhino Resources, Halliburton implicit 2 exploration wells successful Block 2914 successful Namibia" was primitively created and published by Offshore Technology, a GlobalData owned brand.

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