Shell and QatarEnergy have made an oil discovery in the PEL-39 license in the Orange Basin in Namibian waters, following the drilling of the Graff-1 exploration well.
QatarEnergy said that drilling operations at the Graff-1 well have been concluded with the confirmation of the presence of a working petroleum system that contains light oil. The Qatari national oil company has a stake of 45% in the PEL-39 licence. Shell, which has a similar stake, is the operator of the licence. 
The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of Namibia (NAMCOR).
The next step by the partners will be to carry out analysis on the well data and further exploration work to understand the full size and recoverable resource potential of the Graff discovery. The PEL-39 licence is spread over a total area of 12,299 sq km.
QatarEnergy joined Shell in the PEL 39 license in April 2021. The Qatari company also has interests in the PEL 2912 and PEL 2913B areas offshore Namibia. 
For more information visit Shell’s website.