Page 37: of Offshore Engineer Magazine (Nov/Dec 2019)

Exploration Outlook

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Rystad, set to publish its 2020 high-impact wells report in January, has shared ? ve of its around top-30 wells to watch for 2020. The highlighted wells, which hold potential to yield signi? cant value for the operators if suc- cessful, fall into either of the two high impact categories: • Focus for company: These wells are highly talked about in the industry and also strategically important for the company and the region.

• Large prospective resource: These are wells targeting prospects for which the operator reported pre-drill estimate is quite signi? cant. A success at this well can result in a massive discovery.

Rystad high

Well

Country BlockOperator impact Comment name category

BP will drill a deepwater well on the Shafag-Asiman block in the Azerbaijani sector of the Caspian Sea. Shafaq-Asiman

Shafag- Focus for is a large gas and condensate prospective structure and

AzerbaijanSAX01 BP

Asiman company the partner in the block, SOCAR, has estimated that the structure could potentially hold 500 billion cubic meters of gas and 65 million tons of condensate.

BP-led joint venture is expected to drill the Ironbark-1

Large exploration well in the WA-359-P block located in

AustraliaIronbarkWA-359-PBP Prospective Carnarvon Basin offshore Western Australia. The Ironbark

Resources prospect has a best estimate of 15 tcf of prospective recoverable gas.

Total will drill the Venus-1 wildcat well on Block 2913B in

Block Focus for the Orange basin offshore Namibia. The ultra-deepwater

NamibiaVenus Total 2913B company wildcat will target a potential resource of 2 billion barrels of oil in a Cretaceous fan play.

Total is planning to drill a well in Q1-2020 targeting the Luiperd prospect in Block 11b, 12b located in the deepwater Paddavissie fairway offshore South Africa.

Luiperd is the largest of the ? ve prospects previously

South Block 11b, Focus for

Luiperd Total identi? ed in the block using 2D seismic data and is

Africa 12b company expected to be located in the oil window. The result of this well will be closely watched as a follow up of the game changing Brulpadda gas-condensate discovery in the same block in early 2019.

Eni is expected to spud a wildcat targeting the 10 tcf

Large

North East Volans prospect in North East Hapy license offshore

EgyptVolans Eni Prospective

Hap’y Egypt. Drilling is expected to start in late 2019 and results

Resources of the well are expected in the ? rst quarter of 2020.

Source: Rystad Energy nOVEMBER/DECEMBER 2019 OFFSHORE ENGINEER 37

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