- The 2025 Capricornus 1-X discovery in Namibia’s Orange Basin tested a LowerCretaceous target and added further momentum to the conjugate margin story.
- Petrobras and Petrogal secured three Pelotas blocks in the 5th OPC cycle in2025, signaling continued operator commitment to the basin.
- 44 blocks taken in 2024
- TGS has active 3D acquisition underway in Pelotas Norte Phase 1 and PelotasSul Phase 1, expanding modern coverage across the basin’s most prospectiveareas.
Pelotas sits across the Atlantic from Namibia, where Venus and Capricornusreset expectations for deepwater Atlantic plays. TGS has active 3D acquisitionunderway in Pelotas Norte Phase 1 and Pelotas Sul Phase 1, expandingmodern coverage across the basin’s most prospective areas, alongside existingseismic data and environmental permits for further acquisition. Together, thisgives explorers a strong entry point ahead of the next Atlantic margin play.
- 3D coverage: Santos Sul Phase 1 (12,290 sq km new); Santos Sul Phase 2 (~2,570 sq km planning); Pelotas Norte Phase 1 (14,922 sq km in acquisition); Pelotas Sul Phase 1 (13,494 sq km in acquisition); Pelotas Sul Phase 2 (9,130sq km planning); Pelotas Sul Phase 3 (16,867 sq km planning).
- 2D coverage: 229,254 km regional; 62,582 km specifically across the PelotasBasin.
- Additional coverage: Pelotas 2D-Cubed of 224,201 sq km (planning); well and potential fields data.
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TGS’ Santos Sul 3D program reveals turbidites and carbonate systems across Southern Santos and Pelotas, mirroring recent West African discoveries.