Anadarko scores more gas in deepwater offshore Mozambique

Anadarko Petroleum Corp. (NYSE:APC) has discovered a “major” new natural gas reservoir in Offshore Area 1 of the Rovuma basin, Mozambique.

Offshore Mozambique Golfinho
Offshore Mozambique Golfinho

Offshore staff

HOUSTON –Anadarko Petroleum Corp. (NYSE:APC) has discovered a “major” new natural gas reservoir in Offshore Area 1 of the Rovuma basin, Mozambique.

The Golfinho discovery well hit more than 193 net ft (59 net m) of gas pay in two Oligocene fan systems that are age-equivalent but geologically distinct from the previous discoveries in Prosperidade.

The discovery well was drilled to a TD of 14,885 ft. (4,537 m), in water depths of 3,370 ft. (1,027 m). Once operations are complete at Golfinho, the partnership plans to mobilize theBelford Dolphin drillship to drill the Atum-1 exploration well.

Additionally, theBarquentine-1 well in the Prosperidade complex successfully tested the upper Oligocene zone, which flowed at a facility-constrained rate of approximately 100 MMcf/d of natural gas. This is the third successful drillstem test flowing at this facility-constrained rate.

Anadarko is the operator in theOffshore Area 1 with a 36.5% working interest. Co-owners include 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’ 15 % interest is carried through the exploration phase.

5/15/2012

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