Galp unveils resource number for mighty Mopane discovery

875 million barrel estimate based on data acquired up to 30 November 2024 — excludes results from latest two wells

Galp co-chief executive Maria Joao Carioca.Photo: GALP ENERGIA

• Iain Esau

Africa CorrespondentLondon

Published 8 April 2025, 19:59

Galp’s big Mopane discovery offshore Namibia holds contingent resources of at least 875 million barrels of oil equivalent, an estimate likely to be boosted further once the operator has incorporated data from its two most recent exploration and appraisal wells.

Located in Petroleum Exploration Licence 83 of the Orange basin, Mopane was discovered in early 2024 by the Mopane-1X exploration well, with Galp immediately drilling the Mopane-2X well and carrying out a drill stem test that flowed at a constrained rate 14,000 boe per day.

Drilled in water depths of 1200 to 1900 metres, these initial probes hit light oil and gas condensates in high-quality Upper Cretaceous sandstones with good porosities, high pressures and high permeabilities.