Galp Makes Another Oil and Gas Discovery Offshore Namibia ...Middle East

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Galp Makes Another Oil and Gas Discovery Offshore Namibia
source : OILPRICE ( Middle East ) () 52
Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots. Galp and its minority partners NAMCOR and Custos have found significant light oil and gas-condensate columns in the recently drilled Mopane-3X well. The reservoir log measures confirm good porosities, high pressures, and high permeability, the company said in a statement. Initial fluid samples show low oil viscosity and minimum CO2 and H2S concentrations. The higher-than-estimated…

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