TotalEnergies EP Namibia BV discovered light oil with associated gas on the Venus prospect in Block 2913B about 250 km offshore southern Namibia in 2,600-3,300 m of water.
The Venus 1-X well encountered about 84 m net oil pay in a good quality Lower Cretaceous reservoir. A comprehensive coring and logging program has been completed and will enable preparation of appraisal operations to assess commerciality.
Block 2913B covers about 8,215 sq km in Orange basin, immediately adjacent to the South Africa maritime boundary. The acreage lies along the western toe of the Orange River delta, where laterally extensive, large Cretaceous basin-floor fan sands are contained.
TotalEnergies is operator of the block with 40% interest. Partners are QatarEnergy (30%), Impact Oil and Gas Ltd. (20%), and NAMCOR (10%).