Galp finds deeper lying oil with Mopane well offshore Namibia

Jan. 26, 2024
Galp Energia’s Mopane 1-X discovery well in Block PEL83 offshore Namibia has proven more oil in a deeper target.

Offshore staff

LISBON, Portugal — Galp Energia’s Mopane 1-X discovery well in Block PEL83 offshore Namibia has proven more oil in a deeper target.

AVO-2, which underwent coring and logging, delivered a substantial light oil in good-quality reservoir-bearing sands.

The rig will likely now transfer to the Mopane-2X appraisal well location to assess the extent of the discoveries, before returning to Mopane-1X to perform a DST.

PEL83 is north of Shell’s earlier Graff-1, La Rona-1 and Jonker-1 oil finds, and north and west of TotalEnergies’ reportedly giant oil discovery at Venus-1.

01.26.2024

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Courtesy Galp's "Investor Presentation June 2023"