BP reports Tebe oil discovery off Angola

A BP PLC subsidiary said test results show its Tebe oil discovery on ultradeepwater Block 31 off Angola has the reservoir capacity to flow more than 5,000 b/d “under production conditions.”

By OGJ editors
HOUSTON, Oct. 1
-- A BP PLC subsidiary said test results show its Tebe oil discovery on ultradeepwater Block 31 off Angola has the reservoir capacity to flow more than 5,000 b/d “under production conditions.”

The well was drilled in 1,752 m of water to 3,325 m TD in the southern portion of the block about 12 km southeast of the October 2005 Hebe discovery and 350 km northwest of Luanda, Angola’s capital and largest city.

Company officials said Oct. 1 it is BP’s 19th discovery on Block 31. BP Exploration (Angola) Ltd. is operator with 26.67% interest. Sonangol is concessionaire of Block 31, with Sonangol P&P holding 20%.

Other interest owners are Esso Exploration & Production Angola (Block 31) Ltd. 25%, Statoil Angola AS 13.33%, Marathon International Petroleum Angola Block 31 Ltd. 10%, and Total SA unit Tepa (Block 31) Ltd. 5%.

Consortium officials said development of their deepwater Pluto, Saturn, Venus, and Mars oil fields in the northeast sector of Block 31 is proceeding with first production targeted in 2012.

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