Qatar, Shell hit pay for third time at Namibia’s hottest offshore prospect

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QatarEnergy announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia.

This is the third discovery made at the prospect.

It said the Jonker-1X well was drilled to a total depth of 6,168 metres in a water depth of 2,210 metres. The acquired data is being evaluated while further appraisal is planned to determine the size and recoverable potential of the discovery.

Jonker-1 targeted an eastern extension of the Lower Cretaceous oil and gas play that TotalEnergies hit with its Venus-1 probe in adjacent Block 2913B in 2022, potentially Africa’s largest-ever offshore discovery.

Drilling operations began in December 2022 and were safely concluded in recent days, the announcement outlined.

“We are pleased with this encouraging discovery, which is our third in Namibia. I would like to take this opportunity to congratulate our partners Shell and NAMCOR, and to congratulate and thank the Government of the Republic of Namibia, which has been very supportive of this exploration effort,” said Saad Sherida Al-Kaabi – Minister of State for Energy Affairs; President and Chief Executive Officer (CEO) of QatarEnergy.

Shell is the operator of the PEL-39 Exploration License with a 45% working interest. QatarEnergy holds a 45% working interest while the National Petroleum Corporation of Namibia (NAMCOR) holds a 10% working interest.

In addition to the PEL-39 Exploration License, QatarEnergy also holds interests in PEL-56 (30%) and PEL-91 (28.33%) in offshore Namibia covering a total area of 28,327 km2.

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