Namibia wildcat drilling, licensing round planned

Journal Article · Mon Sep 06 04:00:00 EDT 1993 · Oil and Gas Journal; (United States)

OSTI ID:6180426

Knott, D; Petzet, G A

Twenty years after gas was discovered with the only exploration well off Namibia, the country's oil and gas exploration program is about to take off. The first well arising from Namibia's first exploration licensing around two years ago will be spudded in October. Three more wells will follow in the next 12 months. National Petroleum Corp. of Namibia (Namcor) said exploration investment in Namibia was a record $108 million during 1992-93. The country issued five licenses covering about 44,000 sq km with considerable seismic and well commitments. Meanwhile, Namibia plans to trim the size of blocks in its unlicensed offshore and will hold a licensing round in 1994 covering the offshore between 22[degree] 30 minutes S. Lat. and the Angolan border. The paper describes exploratory drilling activities, commitments of petroleum companies, and prospects for the Kudu area and onshore sites. The area that includes Walvis Bay is under dispute with South Africa and Namibia is declining to grant licenses in this area.

• OSTI ID: 6180426
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 91:36; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
AFRICA
DRILLING
EXPLORATION
EXPLORATORY WELLS
GEOLOGIC DEPOSITS
INVESTMENT
LICENSING
MINERAL RESOURCES
NAMIBIA
NATURAL GAS DEPOSITS
OFFSHORE SITES
ONSHORE SITES
PETROLEUM DEPOSITS
PLANNING
RESOURCE DEVELOPMENT
RESOURCE POTENTIAL
RESOURCES
WELL DRILLING
WELLS