Offshore staff
PARIS, France – TotalEnergies has described its deepwater Venus discovery offshore Namibia as “significant.”
The Venus 1-X well, drilled by the Maersk Voyager drillship, encountered approximately 84 m (275 ft) of net oil pay with associated gas in a good-quality lower Cretaceous reservoir.
Kevin McLachlan, senior vice president at TotalEnergies, said “the very promising initial results prove the potential of this play in the Orange basin.”
Results from the coring and logging program should assist preparations for appraisal operations to assess the commerciality, he added.
The Venus field is located in block 2913B, where water depths are up to 3,000 m (9,842 ft). TotalEnergies’s partners are QatarEnergy, Impact Oil and Gas and NAMCOR.
Africa Oil has an indirect interest via its 30.9% shareholding in Impact. According to Keith Hill, the company’s President and CEO: “The preliminary results suggests that the Venus discovery has exceeded the pre-drill expectations and, along with the recently announced Graff discovery, has opened a new petroleum province in the Orange basin with huge upside potential…both discoveries also bode well for our exploration efforts on Block 3B/4B, which we operate with a 20% working interest and Impact's Orange Basin Deep Block, both located on trend in the Orange basin, South Africa.”
2/25/2022
