"its an elephant" Total energy drilling next to Mopane PEL83"
"TotalEnergies will be targeting a billion-barrel resource with its next deepwater well offshore Namibia, according to chief executive Patrick Pouyanne.
The Tamboti-1X probe is due to spud shortly in the northeast of Block 2913B which hosts the supermajor’s huge Venus discovery."
https://www.upstreamonline.com/exclusive/totalenergies-set-to-drill-surprise-exploration-well-in-namibia-s-prolific-orange-basin/2-1-1700179
https://www.upstreamonline.com/exploration/its-an-elephant-totalenergies-next-namibia-probe-to-target-1-billion-barrel-resource/2-1-1719231
https://www.thevillager.com.na/national/2024/totalenergies-targets-billion-barrel-resource-at-next-deepwater-well/
TotalEnergies is aiming for a potential billion-barrel resource with its upcoming deepwater well offshore Namibia, according to the company’s CEO, Patrick Pouyanne.
"Speaking at TotalEnergies’ strategy and outlook event in New York last week, Pouyanne revealed plans for the Tamboti-1X well, which is set to spud soon in the northeast of Block 2913B, home to the company’s major Venus discovery.
When asked by an analyst for a pre-drill resource estimate for Tamboti, Pouyanne described it as “big,” later clarifying that Tamboti is an “elephant” with a potential billion-barrel resource. However, it remains unclear whether this refers to recoverable oil or oil-in-place (OIP).
TotalEnergies’ upstream head, Nicolas Terraz, also spoke at the event, stating that Tamboti had been “de-risked” by the Mangetti-1X well drilled last year.
Mangetti hit two reservoirs with an estimated 1.5 billion barrels of OIP and drilled deeper to appraise the northern extent of the Venus discovery.
Venus-1, discovered in 2022, is Africa’s largest Sub-Saharan oil find, with an estimated 1.5 to 2 billion barrels of oil.
It marked TotalEnergies’ largest discovery in two decades, with phase one expected to exploit around 920 million barrels of oil.
Tamboti-1X is believed to target a prospect separate from Mangetti and Venus. It is not expected to aim for Venus-age reservoir sands but rather the shallower plays encountered at Mangetti.
A drilling rig is en route to Namibia to begin work on the well.
Terraz added that, following Tamboti-1X, TotalEnergies could drill newly identified prospects in the southern part of Block 2913B and explore “large” structures in the company’s two South African blocks — DWOB and 3B/4B — in the untested deepwater Orange basin.
GLTA Farell