Shell Makes Fourth Oil Discovery Offshore Namibia
The announcement underscores the potential importance of the Orange Basin.
Shell has reportedly made another discovery offshore Namibia, although the extent of this discovery is still being investigated. The Lesedi-1X exploration well is the company’s fourth find in the Orange Basin.
In March 2023, Shell, QatarEnergy, and Namibia’s National Petroleum Corporation (NAMCOR) concluded operations on exploration well Jonker-1X. That well was drilled to a total depth of 6168 m in water depth of 2210 m. Drilling operations established the presence of a reservoir with light oil.
Victoria Sibeya, NAMCOR’s executive for upstream exploration, said at the time, “The encouraging results from the well are a geological testimony of the significant hydrocarbon potential in the deepwater play of the Orange Basin.”