Results from a 2D Seismic Survey of the Cabora Bassa area in Zimbabwe are showing signs of natural gas and crude oil deposits, Australian independent upstream oil and gas firm Invictus Energy has announced.
Invictus Energy partnered with Canadian-based consulting firm Earth Signal Processing to process data from its CB21 survey, which the firm started in 2021, to reprocess 1990s seismic, gravity, geochemical and aeromagnetic data acquired from American oil and gas major ExxonMobil.
The data has shown various anomalies which the firm says indicate the presence of hydrocarbons.
Scott Macmillan, the managing director of Invictus Energy, stated: “These anomalies will be investigated with additional data processing products produced by Earth Signal Processing. Their geographical signature, as well as trapping geometry and position (structurally and stratigraphically) will then be evaluated. This will allow the anomalies to be assessed and ranked to ascertain the likelihood of variable hydrocarbons within a definable trap.”
The Muzarabani area is one of Africa’s largest under-explored regions with an estimated conventional gas and condensate capacity of 8.2 trillion cubic feet and 247 million barrels, respectively.
Following the positive results, Invictus Energy is planning to kickstart the drilling of two wells in June to test the quality and quantity of the reserves in partnership with Polish onshore drilling firm EXALO Drilling and energy services company Baker Hughes.