Operators continue to drill appraisal wells surrounding the Venus oil discovery in the Orange Basin offshore Namibia.
The company has an indirect interest in surrounding block 2913B via its 31.1% shareholding in Impact Oil & Gas, a partner to operator TotalEnergies.
Mangetti-1X, drilled 35 km north-west of the Venus-1X oil discovery well, intersected hydrocarbon bearing intervals in the Mangetti fan prospect, a separate fan system from Venus.
Drilling continues on the Venus-2A appraisal well, 17 km north-west of the Venus-1X location, with results from both wells to be incorporated in development studies.
Processing of new 3D seismic data currently being shot may improve the definition of prospectivity on the block to the south of Venus, Africa Oil added, and could lead to the drilling of more high-impact exploration wells on separate fan structures later this year or in 2025.
In the South African sector of the offshore Orange basin, the company now has a 26.25% operating stake in blocks 3B and 4B after concluding a transaction with Azinam.
The partners are working on plans for a two-well campaign and are engaging with a South African environmental consulting firm for the Environmental and Social Impact Assessment process to secure permitting and drilling activity.
In Nigerian offshore lease OML 130, a drilling campaign that started a year ago has led to one new producer and two new water injectors coming online at the Egina field and two producers at Akpo West, connected to the Akpo FPSO.
Up to four more wells could be drilled this year, with an option to extend the rig contract for drilling more wells on the block.
New 4D monitor seismic surveys are planned for Akpo, Egina, and Agbami, plus a baseline 4D seismic survey of the Preowei field. The results will inform future drilling decisions on both OML 127 and OML 130.
FEED studies continue for the Preowei oilfield development project, a potential subsea tieback to the Egina FPSO to the south.
Ongoing seismic reprocessing and subsurface studies will refine confirmed prospects, identify new ones, and prioritise a potential drilling target on EG-31 for 2025. Africa Oil intends to reduce its 80%-operated shares in both EG-18 and EG-31 through a farm-down.
