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Eni Makes New Oil Discovery off Angola

Source: www.gulfoilandgas.com 10/29/2010, Location: Africa

Petrobras announces a new discovery in well Cabaca Sudeste-2, drilled to delimit the recent oil discovery made in Block 15/06, on the coast of Angola, located about 100 km from shore, with water depths of 470 meters.

Initial assessments indicate the existence of high-quality 34 degree API oil at a flow rate of approximately 7,000 barrels per day. The productivity was restricted to the limited capacity of the surface facilities.

The block is operated by Eni (35%), in partnership with Petrobras (5%), Sonangol Research and Production (15%), SSI Fifteen Limited (20%), Total (15%), Falcon Oil Holding Angola SA (5 %) and Statoil Angola Block 15/06 Award SA (5%).

This is the second discovery made in this block. The first, called Mpungi-1 was also announced this month by means of the drilling of the Mpungi-1 well, located 120 km off the Angolan coast, in water depths of 1,050 meters and a total depth of 2,300 meters. Initial production tests indicated flow rate greater than 6000 barrels per day of light oil.

Exploration News in Angola >>

Nigeria >>  9/18/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announc...
Nigeria >>  9/17/2020 - Further to the announcement of 3 August 2020, ADM Energy PLC, a natural resources investing company, is pleased to announce that it has formally submi...

Egypt >>  9/16/2020 - Eni (as the Operator of the Block) and bp (as contractor member) announce a new gas discovery in the so-called "Great Nooros Area", located in the Abu...
Argentina >>  9/15/2020 - President Energy, the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina has provided an oper...

United Kingdom >>  9/15/2020 - Deltic Energy, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and C...
Brazil >>  9/14/2020 - Petrobras reports on the revision of the Exploration & Production (E&P) segment portfolio in face of the crisis caused by COVID-19. The revision aims ...

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