Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia.
The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block.
In an update from November 29, Galp has confirmed that the Mopane-1A well encountered light oil and gas-condensate in high quality reservoir-bearing sands, indicating good porosities, high permeabilities, and high pressures, as well as low oil viscosity characteristics with minimum CO2 and no H2S concentrations.
Together with the Mopane-1X and Mopane-2X findings, this appraisal well confirms the extension and quality of AVO-1.
Galp, which is the operator of the block with 80% interest, and its partners will continue to analyze and integrate all new acquired data, whilst progressing with the upcoming activities, which include E&A wells, and a high-resolution proprietary 3D seismic campaign set to start in December 2024.
Aside from Galp, the partners at the block include NAMCOR and Custos with 10% working interest each.