Muzarabani Oil Wellheads and casing secured for 2-well campaign
Australia Stock Exchange-listed oil and gas exploration company, Invictus Energy has secured the necessary casing, wellheads and ancillary long lead items for a 2-well drilling program commencing in May 2022, the company Managing Director Scott Macmillan has said.
Rudairo Mapuranga
The casing is a series of steel pipes that are run into a drilled oil well to stabilize the well, keep contaminants and water out of the oil stream, and prevent oil from leaching into the groundwater. The casing is installed in layers, in sections of decreasing diameter that are joined together to form casing strings.
Invictus Managing Director said his company has completed an extensive tendering exercise for integrated well services contract including cementing, directional drilling, logging while drilling, drilling fluids and wireline services for the upcoming drilling campaign. The formal award of the contract is expected shortly.
“We are very pleased with the way the drilling program is coming together with Invictus securing the wellheads and casing long lead items for a high impact 2-well drilling program. We are now finalising the well services contract award and working to execute the binding rig agreement with Exalo for the #202 drilling rig.
“Invictus remains on track for the upcoming drilling campaign to commence in May 2022. We are planning for a successful drilling campaign, which if transpires will be a transformational event for both Invictus and Zimbabwe.” He said.
Muzarabani-1 well is targeting prospective resources of 8.2 Tcf + 247 million barrels of conventional gas condensate. The prospect is defined by a robust dataset acquired by Mobil in the early 1990s that includes seismic, gravity, aeromagnetic and geochemical data. The Company is advancing the current exploration program with the acquisition of infill seismic data for a planned 1H 2022 basin opening drilling campaign.