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Shell made its fourth major oil discovery off Namibian shores. This comes after the oil company announced a light oil discovery in the Jonker-1X deepwater exploration well in the PEL-39 exploration license, located 270 km offshore Namibia, back in March this year. Now the company has ventured out onto its fifth exploration, targeting a major prospect located some distance north of its quartet of discoveries in Block 2913A.
Shell made its fourth major oil discovery off Namibian shores. This comes after the oil company announced a light oil discovery in the Jonker-1X deepwater exploration well in the PEL-39 exploration license, located 270 km offshore Namibia, back in March this year. Now the company has ventured out onto its fifth exploration, targeting a major prospect located some distance north of its quartet of discoveries in Block 2913A.
Last year, Shell opened up what is now one of the world’s most exciting hydrocarbon plays with its Graaf-1X oil discovery and quickly followed up with a successful probe called La Rona-1X. It is also reported that Shell completed a very promising well test on Graaf-1X, after which the semi-submersible rig Deepsea Bollsta spudded the Lesedi-1X probe.
As part of its multi-well campaign in Namibia, Shell has safely and successfully concluded drilling its fourth exploration well, Lesedi-1X. The data we have gathered so far confirms the presence of hydrocarbons, and further evaluation is required to determine the development potential. The probe was spudded in late May and recently completed.
The Deepsea Bollsta has now begun drilling the Cullinan-1X probe, located approximately 60 kilometers north of Lesedi, close to the border with the Galp-operated block. Data from marine intelligence provider VesselsValue indicates that Shell’s fifth exploration was well-spudded over this past weekend.
Shell and QatarEnergy both hold 45% stakes in Block 2913A and adjacent 2914B, with the National Petroleum Corporation of Namibia (NAMCOR) holding a 10% stake. Shell Namibia Upstream B.V has entered into a N$1.7 billion contract extension with Northern Ocean for continued work in the country using the Deepsea Bollsta.
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https://trendsnafrica.com/shell-namibia-discovers-more-offshore-oil/
https://trendsnafrica.com/totalenergies-begins-drilling-in-namibia/
https://trendsnafrica.com/namibias-offshore-oil-exploration-a-record-high/
The Shell deal, which runs from December 2023 to June 2024, includes an additional option for a six-month extension at a cost of N$1.6 billion. National Petroleum Corporation of Namibia (NAMCOR) says the presence of three oil rigs in Namibian waters carrying out exploration work is a record for the country. According to global energy technology company, Baker Hughes Inc, Namibia now accounts for about 13% of all offshore rigs operating on the continent.
