Anadarko hits largest pay yet offshore Mozambique

Jan. 17, 2012
Anadarko Petroleum Corp.’s Lagosta 2 appraisal well offshore Mozambique is a success.

Anadarko Petroleum Corp.’s Lagosta 2 appraisal welloffshore Mozambique is a success. The well, 4.4 mi (7 km) north of the Lagosta discovery and 5.3 mi (8.5 km) south of the Camarao well, encountered 777 total net ft (237 m) of natural gas pay in multiple zones.

The Lagosta-2 was drilled to TD of 14,223 ft (4,335 m) in water depths of 4,813 ft (1,467 m) in theOffshore Area 1 of the Rovuma basin.

“This is the largest pay count of any well in the complex to date, and it seems fitting that our seventh successful well in the discovery area would encounter 777 net feet of pay," said Bob Daniels, Anadarko senior vice president, Worldwide Exploration. "These excellent results continue to support our recoverable resource estimates of 15 to 30-plus tcf (trillion cubic feet) of natural gas in the discovery area on our block, as well as provide additional information that will be incorporated into our models to help determine the optimal subsea development plans for the complex.

“In addition, a second deepwater drillship, theDeepwater Millennium, has arrived in Mozambique to begin an accelerated testing program that will include installing observation gauges and conducting several drillstem tests, as we remain on track to reach a final investment decision for this project in 2013.”

Anadarko operates the 2.6-million-acre Offshore Area 1 with a 36.5% working interest. Co-owners are Mitsui E&P Mozambique Area 1, Ltd (20%), BPRL Ventures Mozambique B.V. (10%), Videocon Mozambique Rovuma 1 Ltd (10%) and Cove Energy Mozambique Rovuma Offshore, Ltd. (8.5%). Empresa Nacional de Hidrocarbonetos, E.P.'s 15% interest is carried through the exploration phase.