Eni group finds more light oil off Angola

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

May 14th, 2019

Eni SPA said the fourth oil discovery in the exploration program 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 m of Oligocene sandstone with 45 m of net pay with petrophysical properties described as “excellent.” Oil is 35° gravity.

The well went to 4,050 m TD in 1,076 m of water about 2 km from Mpungi field and “a few kilometers” 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 (OGJ Online, Mar. 13, 2019).

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

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