BP Strikes Gas Condensate in Namibia’s Orange Basin

BP has confirmed the preliminary results of the Volans-1X exploration well in Namibia’s Orange Basin, marking another hydrocarbon success in one of the world’s most closely watched frontier regions. The well, located in Petroleum Exploration License 85 (PEL85), was drilled by operator Rhino Resources using the Deepsea Mira semi-submersible rig to a total depth of 4,497.5 meters. It successfully intersected its Upper Cretaceous target, encountering 26 meters of net pay in gas condensate-bearing reservoirs ...