No Result
View All Result
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
  • Login
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • E-PAPERREADER
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
  • Login
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
No Result
View All Result
Home
Oil & Gas

Shell strikes promising light oil reservoir in PEL 39 offshore Namibia

by reporter
June 9, 2026
in Oil & Gas
Reading Time: 2 mins read
1.9k 39
A A
1k
SHARES
6.1k
VIEWS
Share on Facebook
Share on Twitter
Professional headshot of a man wearing a navy suit and blue tie, glasses, against a blue studio backdrop.
 

Shell and its partners, QatarEnergy and NAMCOR, have reported what they describe as the most promising exploration results to date from Petroleum Exploration Licence 39 (PEL 39) offshore Namibia.

The Merlin-1X exploration well, drilled in April this year, encountered light oil and demonstrated improved reservoir quality compared with previous wells drilled within the licence area, according to Shell.

The well was spudded on 8 April 2026 and is the tenth exploration well drilled in PEL 39, which is operated by Shell.

According to the company, the well successfully penetrated the Coniacian play and delivered the strongest subsurface results recorded so far within the block.

The results are expected to play a key role in determining the commercial viability of the licence area, where Shell has been conducting an extensive exploration campaign as part of Namibia’s rapidly developing offshore oil and gas sector.

Shell Executive Vice President for Exploration, Strategy and Portfolio, Eugene Okpere, said the latest findings provide valuable insights into the resource potential of the Orange Basin.

“These are encouraging results that add to our understanding of the Orange Basin’s potential. We are progressing this opportunity through a disciplined, data-led approach to establish commerciality, focusing our investment on options that are material, competitive and resilient within our portfolio,” Okpere said.

He added that the company would continue working with the Namibian government and its partners as it advances its evaluation programme.

The latest discovery comes as international energy companies intensify exploration activities in Namibia’s offshore Orange Basin, which has emerged as one of the world’s most closely watched frontier oil provinces following a series of significant discoveries in recent years.

Shell said further drilling activities are being considered later in 2026 as part of a broader appraisal and exploration programme aimed at better defining the resource and assessing development options.

The company has yet to provide an estimate of recoverable resources from the Merlin-1X well, with additional technical and commercial evaluation work still underway.

Related Posts

Professional headshot: man in a black suit, white shirt, and blue tie, smiling at the camera.

Impact Oil & Gas completes restructuring ahead of Venus investment decision

November 12, 2026
5.8k
Portrait of a man with short hair and a beard, wearing a white dress shirt against a plain white background.

Namibia’s Oil and Gas Opportunity: Are Our Businesses Financially Prepared?

November 10, 2026
5.8k
Man in traditional Qatari dress (thobe and ghutra) smiles at a Qatar Petroleum event, with the logo in the background.

QatarEnergy acquires 25% stake in Chevron’s offshore Namibia licence

November 9, 2026
5.8k
White TotalEnergies office building with a large glass facade and colorful logo, fenced parking area in front

TotalEnergies expands scholarship funding beyond Namibia’s oil and gas sector

November 4, 2026
6k
Group of formally dressed attendees standing in a tent at a conference; foreground left is a man in a dark suit with a red tie, foreground right a woman in bright turquoise attire.

Dangote commits US$2.5bn to Namibia fuel storage and regional pipeline project

November 4, 2026
5.8k
Woman in turquoise outfit speaks at a podium with Dangote logo, flanked by suited aides during an official launch event. Visual backdrop displays Dangote and Vision 2030 branding.

Dangote’s fuel infrastructure project to position Namibia as regional energy hub

November 4, 2026
5.8k

Recommended

Botswana secures 30% diamond share in new De Beers deal

Botswana secures 30% diamond share in new De Beers deal

3 years ago
5.8k
IAEA findings to guide Namibia’s decision on Omaheke uranium project clearance

IAEA findings to guide Namibia’s decision on Omaheke uranium project clearance

9 months ago
6.1k
Load More

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • E-PAPERREADER
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.