Mamba South 1 prospect offshore Mozambique is host to latest big gas discovery
The Area 4 discovery well encountered a total of 212m of continuous gas pay in high-quality Oligocene sands.
The well is located in water depths of over 1500m, about 40km off Cabo Delgado coast in the northern offshore of Mozambique. It will be drilled to reach an expected total depth of around 5000m.
Eni said it believes the discovery could lead to at least 15tn cu ft of gas in place in the Mamba South Area, where the potential of the Tertiary Play will be further drilled and assessed.
Revised strategy
Eni is the operator of Offshore Area 4 with a 70 per cent participating interest. Co-owners in the area are Galp Energia (10 per cent), Kogas (10 per cent) and ENH (10 per cent, carried through the exploration phase).
In 2006 Eni was awarded a licence for the exploration of an offshore area situated in the northern part of Mozambique, some 2,000 kilometres north of the capital of Maputo.
In March, the company announced a revised strategy to spend $50bn on upstream activities over the next four years, including its prospects in Mozambique as well as Togo, Ghana, and the Democratic Republic of Congo.
