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Galp and Partners Announce Second Oil Discovery in Namibia

Galp and Partners Announce Second Oil Discovery in Namibia

Portuguese multinational energy corporation Galp, in partnership with the National Petroleum Corporation of Namibia (NAMCOR) and Custos Energy, has made its second oil discovery at the Mopane-1X well in Namibia.

 

The project partners drilled, cored, and logged a deeper target at the well – AVO-2 – announcing the presence of a substantial column of light oil in reservoir-bearing sands of high quality.

 

 

Located in Petroleum Exploration License 83 in Namibia’s Orange Basin, the oil discovery follows an initial find made at the start of this year, where the presence of light oil was revealed. An analysis of the acquired data is underway and aims to assess the commercial viability of the two discoveries.

 

 

Galp will now conduct a Drill Stem Test at Mopane-1X, while the contracted rig proceeds to drill the Mopane-2X well.

 

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