QatarEnergy Adds Another Oil Discovery to Namibia's Hot Streak

QatarEnergy Adds Another Oil Discovery to Namibia's Hot Streak

QatarEnergy has struck oil again offshore Namibia, adding another discovery to what is becoming one of the most impressive exploration runs in the industry. The company announced that its Merlin-1X exploration well in Petroleum Exploration License 39 (PEL 39) encountered oil with what it described as the most promising subsurface results seen so far in the license. The well found good reservoir quality, light oil, and limited associated gas—thre…

New oil discovery offshore Namibia

QatarEnergy and Shell have announced a new oil discovery off the coast of Namibia. The two oil companies are partners in petroleum exploration licence (PEL) 39 in the Orange Basin and announced the discovery on Tuesday. “Shell, alongside its partners QatarEnergy and the National Petroleum Corporation of Namibia (Namcor), has reported encouraging exploration results from its Merlin-1X exploration well,” Shell announced. The Merlin-1X exploration …

QatarEnergy announces new oil discovery offshore Namibia

Merlin-1X is the tenth well drilled under the license, delivering the most promising subsurface results to date, with good reservoir quality, light oil, and limited associated gas