Eni discovers oil off Angola

Eni SPA and Sonangol EP tested 22.5° oil in its discovery on the western area of Block 15/06 off Angola, underscoring the potential of the acreage because it exceeded forecasted rates.

Uchenna Izundu
International Editor

LONDON, Oct. 15 -- Eni SPA and Sonangol EP tested 22.5° oil in its discovery on the western area of Block 15/06 off Angola, underscoring the potential of the acreage because it exceeded forecasted rates.

The Ngoma-1 well, 350-km from Luanda, reached a TVD of 3383 m. It was drilled in 1,421 m of water and struck an oil column of 127 m in high permeability Miocene sands.

Eni said the deepwater discovery could be synergized with other nearby structures following the drilling of exploration wells.

Eni secured the acreage in November 2006 after an intensive international bidding round. Eni operates Block 15/06 with a 35% interest and Sonangol EP is the concessionaire. Other partners are Sonangol Pesquisa e Produçao SA 15%, SSI Fifteen Ltd. 20%, TEPA (Block15/06) Total 15%, Falcon Oil Holding Angola SA 5%, Petrobras International Braspetro BV 5%, and Statoil Angola Block 15/06 Award AS 5%.

Contact Uchenna Izundu at uchennai@pennwell.com.

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