- The 2025 Capricornus 1-X discovery in Namibia’s Orange Basin tested a Lower Cretaceous target and added further momentum to the conjugate margin story.
- Petrobras and Petrogal secured three Pelotas blocks in the 5th OPC cycle in 2025, signaling continued operator commitment to the basin.
- 44 blocks taken in 2024
- TGS has completed acquisition of Pelotas Norte Phase 1 and Pelotas Sul Phase 1 3D surveys, with pilot datasets now available and processing underway to expand modern coverage across the basin’s most prospective areas.
Pelotas sits across the Atlantic from Namibia, where Venus and Capricornus reset expectations for deepwater Atlantic plays. TGS has completed acquisition of the Pelotas Norte Phase 1 and Pelotas Sul Phase 1 3D surveys, with pilot datasets available and fast-track products progressing to deliver new subsurface insight across this frontier basin. Together with existing seismic data and environmental permits for future acquisition, this provides 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 ); Pelotas Sul Phase 1 (13,494 sq km); Pelotas Sul Phase 2 (9,130 sq km planning); Pelotas Sul Phase 3 (16,867 sq km planning).
- 2D coverage: 229,254 km regional; 62,582 km specifically across the Pelotas Basin.
- 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.