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According to Oilfield Technologies' Feb.
24 news, Total Energy said it found light oil containing associated gas
in Block 2913B of the Orange Basin, located in southern Namibia.
The Venus 1-X well found a clean oil reservoir of about 84 metres in the Lower Cretaceous Premium Reservoir
.
Kevin McLachlan, Senior Vice President of Energy Exploration at Total, said: "This discovery offshore Namibia and very promising preliminary results demonstrate the potential of the Orange Basin, which has an important presence
in both Namibia and South Africa.
A comprehensive coring and logging program has been completed
.
This will help to assess the commercial value of the discovery
.
”
Block 2913B is located deep offshore Namibia and covers an area of approximately 8,215 square kilometers
.
Total Energy is an operator with a 40% working interest, Qatar Energy has 30%, Impact Oil and Gas has 20% and NAMCOR has 10%.