ChevronTexaco unit makes oil discovery in Angola-Congo shared zone

By OGJ editors

HOUSTON, Oct. 12 -- Chevron Overseas Congo Ltd. and its eight partners reported a significant discovery with the Lianzi-1 exploration well within the 696-sq-km deepwater unitization zone, 14K/A-IMI, shared 50:50 between Angola and Congo.

The shared unit covers the combined portions of 14K, Angola's deepwater prospect lying within the Block 14 concession, and the A-IMI prospect within the Congo's Haute Mer permit (OGJ Online, Dec. 27, 2002).

The Lianzi-1 exploration well was drilled in 909 m of water, encountering two oil-bearing reservoirs. A drill stem test of one interval flowed more than 5,000 b/d of 40° gravity oil through a 40/64-in. choke.

The ChevronTexaco unit next will complete geologic and engineering studies to assess the field's size, reserves potential, and development options.

Related Articles

Western gulf lease sale attracts $110 million in high bids

08/20/2014 Gulf of Mexico western planning area Lease Sale 238 drew 93 bids from 14 companies over 81 blocks covering 433,823 acres, totaling $109,951,644 in ...

City approves Chevron's Richmond refinery revamp

08/11/2014 Local officials have issued a final approval for Chevron Corp. to proceed with a long-stalled modernization project at its 257,000-b/d Richmond, Ca...

Study examines return-investment balance

08/04/2014 Europe and Africa are the regions under greatest scrutiny by major oil and gas companies trying to tighten capital discipline in response to pressu...

Chevron accepts amended plan for Richmond refinery revamp

07/28/2014 Chevron Corp. has agreed to accept an alternative, more environmentally friendly plan proposed by city officials for the long - delayed $1 billion ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected