Eni: New Light Oil Discovery In Offshore Angola Block 15/06
Drilling Activity Details
Drilling Activity Summary
Description
Eni announced a new light oil discovery in offshore Angola’s Block 15/06 at the Ndungu exploration prospect. The new discovery is estimated to contain up to 250 MMbbl of light oil in place. The #1-Ndungu NFW was drilled in 1,076 m of water to 4,050 m and encountered a single oil column of about 65 m with 45 m of net pay of 35-degree-gravity oil in Oligocene sandstones with excellent petrophysical properties. Initial results indicate that the well could produce more than 10 Mbbl of oil per day. The #1-Ndungu NFW is the fourth commercial discovery in the Block 15/06 Joint Venture exploration campaign. The four discoveries are estimated to contain up to 1.4 Bbl of light oil in place. The appraisal phase of these discoveries will target their additional upside. The block’s joint-venture partners are Rome-based operator Eni with, 36.8421%, Sonangol with 36.8421% and SSI (26.3158%).
Eni announced a new light oil discovery in offshore Angola’s Block 15/06 at the Ndungu exploration prospect. The new discovery is estimated to contain up to 250 MMbbl of light oil in place. The #1-Ndungu NFW was drilled in 1,076 m of water to 4,050 m and encountered a single oil column of about 65 m with 45 m of net pay of 35-degree-gravity oil in Oligocene sandstones with excellent petrophysical properties. Initial results indicate that the well could produce more than 10 Mbbl of oil per day. The #1-Ndungu NFW is the fourth commercial discovery in the Block 15/06 Joint Venture exploration campaign. The four discoveries are estimated to contain up to 1.4 Bbl of light oil in place. The appraisal phase of these discoveries will target their additional upside. The block’s joint-venture partners are Rome-based operator Eni with, 36.8421%, Sonangol with 36.8421% and SSI (26.3158%).