Source: Offshore Energy
Australia-based petroleum exploration player Pancontinental Energy has shed light on the analysis of quantitative interpretation volumes related to the hydrocarbon potential of a petroleum exploration license (PEL) it operates in the Orange Basin, off the coast of Namibia.
Following a technical update of the hydrocarbon prospectivity of the company’s PEL 87 in the Orange Basin, which pointed to the presence of a high net-to-gross reservoir system and the presence of hydrocarbons, the firm has defined two additional prospects through screening of quantitative interpretation products, including the Lambda Rho and Density (Rho) seismic inversion volumes that provide an estimate of rock property attributes from amplitude versus offset (AVO) that is indicative of both porosity/lithology and hydrocarbon fluid content.
Pancontinental claims that the Northern Channel prospect, located at the northern limit of the PEL 87 3D seismic survey area, has three stacked channelised turbidite reservoir sequences that have been mapped, supported by sequence stratigraphy and quantitative interpretation studies.
The upper and middle channel-confined turbidite sequences are interpreted to consist of high net-to-gross coarse sands that are analogous in age to those mapped at the Oryx prospect and exhibit strong Type III (upper) and Type II (middle) AVO anomalies.
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Author: admin
Managing the Namibia Oil and Gas Platform