Covering more than 65,000 km2, the Namibe Basin is one of the world’s largest remaining prospective frontier areas for oil and gas exploration. This southernmost basin along the West African salt margin has largely remained unexplored despite significant oil and gas activity in the neighboring Lower Congo and Kwanza Basins. To encourage exploration in the region, the Angola National Oil, Gas, and Biofuels Agency (ANPG) announced a 2019 public bid round covering approximately 54,000 km2 over blocks 11, 12, 13, 27, 28, 29, 41, 42, and 43 in the Namibe Basin and Block 10 in the Benguela Basin. The bid round represents an enormous opportunity to enter this frontier basin during its early stages of development.
Evaluate prospectivity by combining multiclient data with petroleum systems modeling
WesternGeco offers an extensive collection of more than 40,000 km of multiclient seismic, potential fields, and petroleum systems modeling (PSM) data to help you evaluate the prospectivity of the Namibe Basin. Gravity and magnetics data acquired simultaneously with our seismic data provide regional tectonic information to help resolve structural uncertainty in the basin and identify the oceanic-continental boundary and areas of major volcanic activity. PSM of the region confirms that the Barremian-Neocomian and lower Aptian lacustrine shales with Upper Cretaceous source rocks are likely to be mature in the south of the basin. PSM also suggests that the timing of maturation with respect to reservoir development is favorable in many places.