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  4. Sintana Energy, Inc. (SEUSF) Message Board

More drilling ... Galp informed about more detail

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Post# of 110
(Total Views: 176)
Posted On: 05/01/2024 2:08:44 PM
Posted By: farml1234
More drilling ...
Galp informed about more details and the roadmap for the development of Sintana 's super giant Mopane discovery. Plus a good chance to discover more oil in till now not drilled prospects of this Galp/Sintana block.

What lies north of Galp's mopane?

Namibia: Galp to drill four new wells on huge discovery and is already talking of multi-FPSO project

"Portuguese player justifies Mopane's 10 billion barrel resource estimate and says more exploration potential lies in north of licence

"Galp Energies is set to fire-up a fast-track, four-well exploration and appraisal (E&A) drilling campaign at the end of 2024 on its huge Mopane oil discovery offshore Namibia, where a multiple-floater project is on the cards and first oil is predicted to flow this decade.

The Lisbon-based operator also believes that the story of Petroleum Exploration Licence (PEL) 83 has a long way to go because the northern part of this acreage — Mopane lies in the south — hosts other major hydrocarbon prospects.

Galp recently revealed that Mopane holds estimated in-place resources of at least 10 billion barrels of oil equivalent, with the E&A programme set to refine this big number — up or down — and offer better insight into recoverable reserves.

Up until now, Galp has been rather tight-lipped about its Namibian operations, but in the company’s first-quarter analyst call on Tuesday, chief executive Filipe Silva and head of upstream projects Adriano Bastos, offered intriguing insights into Mopane."

.…………
If look to Guyana to the discoveries of ExxonMobil there, I get optimistic and see a very good chance and geological analogy that the other turbidites in this block are full of oil as well, charged from the source rock Kudu shale.

jmho


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