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Home Mining & Energy

Galp plans 10 appraisal wells in Namibia

by editor
April 16, 2024
in Mining & Energy
338
A A

Galp Energia says it plans to undertake an exploration campaign spanning three years involving the drilling of 10 exploration and appraisal wells, along with flow testing.

The initiative is part of Galp’s ongoing exploration activities in Petroleum Exploration Licence (PEL) 83.

Additionally, Galp Energia intends to conduct a 3D towed streamer seismic survey campaign covering approximately 4,000 square kilometres in PEL 83. 

“Galp plans a further 3D towed streamer seismic survey campaign in PEL 83, towards the end of 2024 and quarter 1 of 2025, which will be around 4,000 square kilometres. Galp will also undertake an OBN seismic acquisition within the area where the 3D towed streamer seismic activities will be conducted, either during the same time or at a later stage to be determined,” said the ESIA notice.

The planned exploration and appraisal activities in PEL 83 require new environmental clearances from the Ministry of Environment, Forestry and Tourism. 

Galp Energia has appointed Namisun Environmental Projects & Development (Namisun) to undertake an Environmental Impact Assessment (EIA) for the proposed exploration activities to ensure compliance with environmental regulations.

Galp Energia operates Petroleum Exploration Licence (PEL) 83 with an 80% interest, while the National Petroleum Corporation (NAMCOR) holds 10%, and Custos Energy, half-owned by Sintana, has a 10% stake.

Galp Energia, as the operator of PEL 83 which covers an area of approximately 9,954 square kilometres, has been conducting exploration activities in the region since 2016. 

This comes as earlier this year, Galp Energia confirmed a second column of high-quality light oil in the Mopane well. 

Meanwhile, within the past year Galp Energia has invested approximately N$2.4 billion (€117m) towards upstream projects in Namibia with roughly 61.09% of the total expenditure directed towards local suppliers.-miningandenergy.com.na

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