Eni finds more light oil off Angola

Eni has said the fourth oil discovery in the exploration programme it started with partners in mid-2018 on Block 15/06 offshore Angola has production capacity exceeding 10,000 b/d of light oil.

 

The Ndungu-1 NFW well cut 65 metres of Oligocene sandstone with 45 metres of net pay with petrophysical properties described as “excellent.”

 

Oil is 35° gravity.

 

The well went to 4,050 metres TD in 1,076 metres of water about two kilometres from Mpungi field and “a few kilometres” from Eni’s West Hub.

 

Eni said fast-track development will use the N’goma floating production, storage, and offloading vessel.

 

It estimates light oil in place at up to 250 million bbl.

 

Other discoveries on the block are Kalimba, Afoxe, and Agogo.

 

Eni operates Block 15/06 with a 36.8421% interest. Other interests are Sonangol P&P, 36.8421%, and SSI Fifteen Ltd, 26.3158%.

 

Source: Oil & Gas Journal