Elio Ohep’s Post

* Watershed implications of shale oil and gas production in Vaca Muerta, Argentine:(20pages):

Namibia Expects FID on Potential Major Oil Discovery by Yearend - Rigzone News: Namibia Expects FID on Potential Major Oil Discovery by Yearend  Rigzone News

Very impressive discovery in Namibia by Galp and partners. Having followed, as an investor, the pre-salt in Brazil and later the Guyana discoveries, offshore Namibia always looked like an area with huge potential for large new oil finds. Many years after the first deep water wells in the Walvis basin, finally the Orange basin is becoming the “next Guyana” but the story is not over with exploration wells coming in the SA side of the basin as well as in the Walvis and Luderitz basins. #galp #namibia #africaoil

The exploratory success in Guyana and Suriname corroborates the importance of Petrobras continuing its campaign in the Brazilian Equatorial Margin Basins. #oil #oilindustry #oilgas #pipeline #offshore #oilandgas #oilandgasindustry https://lnkd.in/dZ_7dzGu

Onshore oil production involves the extraction of oil from fields located on dry land, requiring specific techniques and equipment to ensure efficient and safe extraction. #onshore #oilandgas #drillingengineering

The Mopane-1X well, discovered in January, encountered significant light oil columns in good-quality reservoir sands at two different levels: AVO-1 and AVO-2.  https://ow.ly/xxF450RlhcB

Since the start of 2022, multiple wells drilled have hit oil around 80% of the time – a nearly unprecedented success rate. Namibia’s rapidly rising oil potential is starting to draw serious international interest, and potentially some multibillion-dollar deals. The country was mentioned even more than Guyana by executives on oil company earnings calls last quarter, according to data compiled by Bloomberg. It’s likely that O&G majors will eventually come to dominate Namibia’s nascent offshore industry, according to Wood Mackenzie’s

GALP (🇵🇹's Oil Company) struck oil in Namibia 🇳🇦. Not the type of news that make the necessary green headlines we want nowadays. However.. and given the security situation we now live in: - Having your own source of light oil in the South Atlantic (adding to the current 🇧🇷 source) ; - Shipping it direct to 🇵🇹 Sines deepwater port; - Processing said light oil at your own state-of-the-art 🇵🇹 Sines refinery, right next to the port... Sounds like a plan that will work. It is as efficient as can be, all things considered... https://lnkd.in/ervSDtSU

Namibia's offshore oil discoveries estimated at 11 bln barrels ... - Nasdaq: Namibia's offshore oil discoveries estimated at 11 bln barrels ...  Nasdaq

Galp oil discovery in Namibia hit 'substantial' pay zone, says partner - Upstream Online: Galp oil discovery in Namibia hit 'substantial' pay zone, says partner  Upstream Online