Eni announces fifth oil discovery offshore Angola

33713993482 5140eaa7e6 zEni, an Italian multinational oil and gas company, has announced that it has made a fifth oil discovery in one year in Block 15/06 in Angola’s deep offshore

The well was drilled on the prospect of exploration of Agidigbo, and assessment of post drill outcomes indicates between 300 and 400 mmbbl of light oil in place.

The NFW Agidigbo-1 was drilled at a water depth of 275 m by the West Gemini drillship and reached a complete depth of 3800 m. It proved to be a single column of hydrocarbon consisting of a gas cap of about 60 m and 100 m of light oil with oil down to it.

The hydrocarbons are contained in the lower Miocene sandstones with good petrophysical properties. The discovery has a further upside that will be demonstrated by an evaluation campaign scheduled for early 2020.

Due to its closeness to the installations and subsea network of East Hub, which are about 10 km away, Agidigbo production can be quickly tracked, thus expanding the Armada Olombendo FPSO production plateau.

Agidigbo is the fifth commercial discovery since the joint venture Block 15/06 re-launched its exploration attempt a year earlier. It follows Kalimba, Afoxé, Agogo and Ndungu’s findings.

The five discoveries are estimated to contain up to 1.8bn bbl of light oil in place with possible upside. These new discoveries further confirm the block’s exploration potential and the efficiency of the exploration abilities and proprietary techniques that Eni uses to unlock the area’s complete potential.

The Block 15/06 joint venture is composed by Eni (operator, 36.8421 per cent), Sonangol P&P (36.8421 per cent) and SSI Fifteen Limited (26.3158 per cent).

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