Galp Energia's Mopane 1A Appraisal Well Delivers Positive Results

Zacks12-06

Galp Energia SGPS SA GLPEY, a Portugal-based oil and gas firm, has successfully encountered hydrocarbons from the recently drilled appraisal well in the Mopane prospect offshore Namibia. The company ...

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The company ...</p>\n\n<a href=\"https://finance.yahoo.com/news/galp-energias-mopane-1a-appraisal-144300662.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Galp Energia's Mopane 1A Appraisal Well Delivers Positive Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGalp Energia's Mopane 1A Appraisal Well Delivers Positive Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-06 22:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/galp-energias-mopane-1a-appraisal-144300662.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Galp Energia SGPS SA GLPEY, a Portugal-based oil and gas firm, has successfully encountered hydrocarbons from the recently drilled appraisal well in the Mopane prospect offshore Namibia. The company ...</p>\n\n<a href=\"https://finance.yahoo.com/news/galp-energias-mopane-1a-appraisal-144300662.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://finance.yahoo.com/news/galp-energias-mopane-1a-appraisal-144300662.html","article_id":"2489370572","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/65t_QIsU0.XvnpiX1tfopA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1ce3d05b093380241b1060b567fa2bb7"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489370572","pubTimestamp":1733496180,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Galp Energia SGPS SAGLPEY, a Portugal-based oil and gas firm, has successfully encountered hydrocarbons from the recently drilled appraisal well in the Mopane prospect offshore Namibia. The company recently released an update concerning the Mopane 1A appraisal well drilled on Oct. 23, 2024. It discovered light oil and gas condensate in reservoir-bearing sands of high quality. The well has been cored and logged.The Portuguese energy firm plans to launch a new 3D seismic acquisition campaign over the production exploration license  83 in Namibia’s Orange Basin. The campaign should support its exploration and production activities in the deepwater block. The appraisal well delivered positive results, confirming the reservoir's high porosity and permeability. The reservoir also demonstrated high pressures that should support natural oil and gas flow rates. Additionally, the results confirmed low-viscosity oil with extremely low levels of CO2 and no hydrogen sulfide .Nine Energy Serviceprov","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4179":"石油天然气设备与服务","SND":"Smart Sand Inc.","BK4541":"氢能源","GLPEF":"Galp Energia, SA","BK4201":"综合性石油与天然气企业","BK4096":"电气部件与设备","GLPEY":"Galp Energia, SA","FCEL":"燃料电池能源","NINE":"Nine Energy Service Inc."},"translate_title":"Galp Energia的Mopane 1A评估取得了积极成果","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FCEL":1,"NINE":1,"SND":1,"GLPEF":0.9,"GLPEY":0.9},"content_text":"Galp Energia SGPS SA GLPEY, a Portugal-based oil and gas firm, has successfully encountered hydrocarbons from the recently drilled appraisal well in the Mopane prospect offshore Namibia. The company recently released an update concerning the Mopane 1A appraisal well drilled on Oct. 23, 2024. It discovered light oil and gas condensate in reservoir-bearing sands of high quality. The well has been cored and logged.\nThe Portuguese energy firm plans to launch a new 3D seismic acquisition campaign over the production exploration license (PEL) 83 in Namibia’s Orange Basin. The campaign should support its exploration and production activities in the deepwater block. The appraisal well delivered positive results, confirming the reservoir's high porosity and permeability. The reservoir also demonstrated high pressures that should support natural oil and gas flow rates. Additionally, the results confirmed low-viscosity oil with extremely low levels of CO2 and no hydrogen sulfide (H2S).\nThe Mopane oil discovery demonstrates the presence of substantial untapped resources. The Mopane 1A well is the third one drilled in the Mopane prospect, following Mopane 1X and Mopane 2X wells. The data collected from the seismic survey will be analyzed and integrated, per a statement by Galp. GLPEY also stated that it will continue to advance its plans for further exploration and production activities in the region.\nGLPEY’s Zacks Rank and Key Picks\nCurrently, GLPEY carries a Zacks Rank #3 (Hold).\nSome better-ranked stocks from the energy sector are Smart Sand, Inc. SND, FuelCell Energy FCEL and Nine Energy Service NINE, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nSmart Sand is a low-cost producer of high-quality Northern White frac sand, an ideal proppant for hydraulic fracturing and various industrial applications. The company provides proppant and other logistics services for several companies in the oil and gas industry. With sustained oil and gas market demand, SND is expected to see growing demand for its services, providing a positive outlook.\nFuelCell Energy is a clean energy company offering low-carbon energy solutions. It produces power using flexible fuel sources such as biogas, natural gas and hydrogen. The company designs fuel cells that generate electricity through an electrochemical process that combines fuel with air, reducing carbon emissions and minimizing the environmental impact of power generation. As such, FCEL is anticipated to play a crucial role in the energy transition by enabling industries and communities to shift from traditional fossil fuels to low-carbon alternatives.\nNine Energy Service provides onshore completion and production services for unconventional oil and gas resource development. The company operates across key prolific basins in the United States, including the Permian, Eagle Ford, MidCon, Barnett, Bakken, Rockies, Marcellus and Utica, as well as throughout Canada. With a sustained demand for oil and gas in the future, the need for NINE’s services is anticipated to increase, which should position the company for growth in the long run.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nFuelCell Energy, Inc. (FCEL) : Free Stock Analysis Report\nGalp Energia SGPS SA (GLPEY) : Free Stock Analysis Report\nSmart Sand (SND) : Free Stock Analysis Report\nNine Energy Service, Inc. (NINE) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489370572"}