Cabinda Gulf hits pay offshore Angola

Cabinda Gulf Oil Co. (CABGOC) has hit pay with the 79-3XST1 well in block 0 offshore Angola.

Offshore staff

SAN RAMON, California -- Cabinda Gulf Oil Co. (CABGOC) has hit pay with the 79-3XST1 well in block 0 offshore Angola. The well encountered over 225 ft (69 m) of net hydrocarbon pay in the Upper Pinda formation. The well was tested from a single 150-ft (46-m) perforated interval and flowed at a rate of 11.6 MMcf/d of natural gas and 2,550 b/d of liquid hydrocarbons, the company says.

According to CABGOC, the discovery extends a trend of undeveloped natural gas condensate and crude oil discoveries in the Greater Vanza Longui Area that are currently undergoing appraisal.

Chevron, through CABGOC, has a 39.2% interest and is the operator of the block 0 contractor group. Other partners include SONANGOL (41%), Total E&P (10%), and ENI Angola Production (9.8%).

“Chevron is pleased with the discovery, and we look forward to continuing the work needed to further evaluate the find and potential development options,” says Ali Moshiri, president of Chevron Africa and Latin America Exploration and Production Co.

08/07/2009

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