offshore Namibia (Shell 45%op, QatarEnergy 45%, Namco 10%) announced the discovery of oil from the recently drilled Merlin-1X exploration well this week. The well was the tenth drilled under the license and shows “good reservoir quality, light oil, and limited associated gas,” said QatarEnergy, describing it as “the most promising subsurface results to date.” Shell says further drilling this year is under consideration for an appraisal program.
Two earlier discoveries were made at the exploration license, with the Graff-1 well in February 2022 and the Jonker-1X well in 2023 (MEES, 2 August 2024). The block is one of four Namibian assets in which QatarEnergy holds a stake. (CONTINUED - 236 WORDS)