Eni discovers more oil offshore Angola

June 3, 2019

Offshore staff

SAN DONATO MILANESE, Italy – Eni has recorded its fifth oil discovery in one year in block 15/06 offshore Angola.

The drillship West Gemini drilled the Agidigbo-1 NFW in a water depth of 275 m (902 ft) and reached a TD of 3,800 m (12,467 ft). Agidigbo is about 10 km (6.2 mi) from the Armada Olombendo FPSO, which is serving the East Hub.

It proved a single hydrocarbon column composed by a gas cap of about 60 m (197 ft) and 100 m (328 ft) of light oil contained in the Lower Miocene sandstones with good petrophysical properties.

Eni estimates in place light oil between 300 and 400 MMbbl, with further upside. An appraisal campaign is planned for early 2020, the company said.

Agidigbo is the fifth commercial discovery since the Block 15/06 Joint Venture re-launched its exploration effort one year ago.

It follows the discoveries of Kalimba, Afoxé, Agogo, and Ndungu. The five discoveries altogether are estimated to contain up to 1.8 Bbbl of light oil in place with possible upside.

The Block 15/06 Joint Venture consists of Eni (operator, 36.8421%), Sonangol P&P (36.8421%), and SSI Fifteen Ltd. (26.3158%).

06/03/2019