Eni Makes New Oil Find Offshore Angola

Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.

The discovery, estimated to contain between 170 and 200 million barrels of light oil in place, was made in the Afoxé-1 NFW well located in the southeast area of Block 15/06, approximately 120 kilometers off the coast, 50 kilometers southwest from the Olombendo floating production, storage and offloading unit (FPSO) and 20 kilometers west of the recent Kalimba-1 discovery.

Afoxé-1 NFW was drilled in a water depth of 780 meters and reached a total depth of 1,723 meters and proved a 20 meters net oil pay of high quality oil (37° API) contained in Upper Miocene sandstones with excellent petrophysical properties.

The well has not been tested, but an intensive data collection has been carried out that indicates a production capacity in excess of 5,000 barrels of oil per day, Eni said. The new nearby discoveries of Kalimba and Afoxé are now accounting together a potential of 400-500 mboe of high quality oil in place and represent a new cluster that can be exploited jointly in a new development concept.

Afoxé discovery confirms the oil exploration potential still held in southern part of Block 15/06, previously considered mainly gas prone. Eni said it intends to drill up to four new exploration wells back-to-back in Block 15/06 during 2019.

“Eni is committed to developing this discovery leveraging its best-in-class time-to-market, whilst at the same time launching an intense exploration campaign that will fully support the company’s mid-term organic growth in the Country,” Eni’s CEO Claudio Descalzi said.

Block 15/06 is developed by a joint venture formed by operator Eni (36.84 percent), Sonangol P&P (36.84 percent) and SSI Fifteen Limited (26.32 percent).

The Italian oil and gas company also announce on Monday it has started production from the Vandumbu field in Block 15/06 through West Hub N’Goma FPSO and a subsea multiphase boosting system (SMBS).

Categories: Energy Offshore Energy Drilling Activity FPSO Oil Floating Production Africa

Related Stories

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

China Starts Production at Major Oil Field in Bohai Sea