Eni makes light oil discovery offshore Angola
Eni has made a light oil discovery in Block 15/06 offshore Angola which will be side-tracked updip to be placed in position as a producer well.
Cuica-1 NFW, drilled on the Cuica exploration prospect inside the Cabaça development area close to the Armada Olombendo FPSO (East Hub), is estimated to hold 200-250 million bbl of oil in place.
to East Hub’s subsea network will allow for fast-track tie-in of the exploration well and relevant production, thus extending the Armada Olombendo FPSO production plateau, Eni said on the 6th April.
Production is expected to begin within six months.
Drilled as a deviated well by the Libongos drillship in water depth of 500 m, the well reached a total vertical depth of 4,100 m and encountered an 80-m total column reservoir of light oil (38°API) in sandstones of Miocene age with good petrophysical properties. Data collection indicates an expected production capacity of 10,000 b/d of oil.
Cuica is the second significant oil discovery inside the existing Cabaça development area, and the first commercial discovery in Block 15/06 after re-launch of the exploration campaign following the COVID-19 pandemic and oil price drop in 2020.
A three-year extension of the block’s exploration period until November 2023 was recently granted.
Eni Angola operates the block with a 36.8421% interest. Sonangol P&P has 36.8421% and SSI Fifteen Ltd has 26.3158%.
Source: Oil & Gas Journal