Energy Capital & Power

Namibia: Multi-Well Campaign to Assess Resource Capacity and Quality in Venus Discovery

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Venus. Namibia

Africa-focused exploration firm, Impact Oil & Gas (Impact) has launched a multi-well exploration campaign to assess the capacity and quality of resources available in Namibia and TotalEnergies’ Venus discovery in Block 2913B in the Orange Basin.

The campaign, which will start at the end of February 2023, will include the re-entry of the Venus 1A well leveraging the Tungsten Explorer drillship to explore resource capacity. 

Impact will also make use of the Deepsea Mira drilling and service unit to test the potential of resource flow and spillage from Block 2913B into neighboring block 2912 as part of the Nara -1X exploration well. The campaign will shape TotalEnergies’ development for a production center for Block 2913B as well as for Nara – 1A in mid-2023.

Siraj Ahmed, Chief Executive Officer of Impact, said the project is “designed to accelerate the appraisal of the Venus field and drill the first exploration well in our neighboring license, Block 2912. This program will provide vital information that will hopefully enable the joint venture to press ahead with development.”

The program by Impact and its partners – TotalEnergies (40%), QatarEnergy (30%) and Namcor (10%) – is in line with the Namibian government’s agenda to speed up the development of recent oil and gas discoveries while accelerating exploration activities to increase hydrocarbon reserves and support the growth of the country’s hydrocarbon industry.

Block 2913B covers approximately 8,215km² in water depths up to 3,000m and was entered by Impact as an operator in 2014 when the firm acquired 2D, then 3D seismic data which defined the Venus prospect.

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Nicholas Nhede

Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.