Galp Energy to drill well offshore Namibia

June 23, 2022
Galp Energy SGPS SA will drill an exploration well in Petroleum Exploration License 83 (PEL 83) in Orange basin, offshore Namibia.

Galp Energy SGPS SA will drill an exploration well in Petroleum Exploration License 83 (PEL 83) in Orange basin, offshore Namibia, according to a release by Sintana Energy Inc.

The well is part of an extension to the First Renewal Exploration Period for the license granted by the Ministry of Mines and Energy in Namibia. Drilling of the well is expected in 2023.

PEL 83 sits directly above Block 2913A, where Shell plc made its Graff-1 light oil discovery, and directly to the west of Kudu Gas field currently being developed by BW Energy. PEL 83 is also contiguous to Block 2913B where TotalEnergies made its Venus-1 discovery.

Galp is operator of PEL 83 (80%) with partners the National Petroleum Corporation of Namibia (NAMCOR) (10%), and Custos Energy (10%). Sintana has 49% carried interest through its indirect investment in Custos Energy.