Gulf Oil and Gas accountACCOUNT

Eni Makes New Significant Oil Discovery in Angola

Source: www.gulfoilandgas.com 10/29/2009, Location: Africa

Eni and Sonangol announce an important oil discovery at the Cabaça Norte-1 well, 350 km North of Luanda, offshore Angola. The well, located in Block 15/06 in 500 metres of water, was drilled to a total depth of 2,830 metres and encountered oil pay in sands with excellent reservoir characteristic. It produced oil at rates in excess of 6,500 barrels of oil per day during production tests (rates were constrained by surface equipment).

Four exploration wells have been drilled in the block so far, with three (Sangos, N'Goma and Cabaça Norte) resulting in discoveries. The results of the well exceeded pre-drill expectations, and Cabaça Norte could become the largest discovery to date in Block 15/06 after its delineation. Following this discovery, further wells will be drilled in the vicinity of Cabaça in order to accelerate the development of a second production hub in the block (the ‘Northeastern Hub').

The first production hub (the ‘Northwestern Hub'), centred upon the Sangos and N'Goma discoveries (the first two wells drilled by Eni in Block 15/06), is in the pre-development phase with ongoing studies and appraisal drilling taking place.

This successful discovery confirms the high potential of Block 15/06, which was awarded to Eni in 2006 following an extremely competitive international tender. The success to date in exploring the block is also due to Eni's deepwater experience and use of its proprietary technologies to minimize the technical risks.

Eni has a 35% working interest and is the operator in Block 15/06, while Sonangol E&P is the concessionaire. The other partners of the Contractor Group are Sonangol Pesquisa e Produç?o (15%), SSI Fifteen Limited (20%), Total (15%), Falcon Oil Holding Angola SA (5%), Petrobras International Braspetro B.V. (5%) and Statoil Angola Block 15/06 Award AS (5%).

Eni has been present in Angola since 1980. Eni's current equity production reaches approximately 130,000 barrels of oil equivalent per day. This discovery further strengthens Eni's presence in the Country, confirming Angola as one of the core countries in the company's organic production growth strategy.

Exploration News in Angola >>

Iraq >>  2/6/2020 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity: ...
Chile >>  2/4/2020 - GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia...

Canada >>  1/30/2020 - TransGlobe Energy Corporation, announces a Canadian operations update and appointment of an investor relations advisor. All dollar values are expresse...
Egypt >>  1/28/2020 - Egypt has signed two deals with Exxon Mobil for oil and gas exploration in the Mediterranean, the petroleum ministry said. ...

United Arab Emirates >>  1/27/2020 - Eni announces a gas and condensate discovery in the Mahani exploration prospect located onshore in the Area B Concession of Sharjah (UAE), which was a...
South Africa >>  1/20/2020 - Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to provide an operational update on ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Angola Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

Oil & Gas Projects in Angola >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.