Azule Energy, a 50-50 joint venture between Eni and bp PLC, discovered gas in Block 1/14, offshore Lower Congo basin, Republic of Angola. Initial assessments suggest that gas volumes at the site could exceed 1 tcf, with up to 100 million bbl of associated condensate, the company said in a release July 14.
The joint venture will continue to assess the full potential of the discovery and work with block partners to determine a development strategy.
The Gajajeira-01 exploration well, drilled on Apr. 1, 2025, in 95 m of water about 60 km from the coast, encountered sandstones containing gas and condensate in one of the targets of the Lower Oligocene (LO100).
Preliminary results and fluid samples indicate several reservoirs with good mobility. The results also confirm the presence of a hydrocarbon system, opening up new opportunities for exploration in the area, the company continued.
Drilling operations are ongoing, with the next target being the last Lower Oligocene interval LO300.
Azule Energy is operator at Block 1/14 (35%) with partners Equinor (30%), Sonangol E&P (25%), and Acrep SA (10%).
