Eni makes Angola discovery

The Cabaça Norte-1 well, offshore Angola, has hit pay, according to operator Eni.

Offshore staff

MILAN -- The Cabaça Norte-1 well, offshore Angola, has hit pay, according to operator Eni. The block 15/06 well encountered oil in sands with excellent reservoir characteristics, the company says. It produced in excess of 6,500 b/d of oil during production tests (rates were constrained by surface equipment).

After delineation, the well could become the largest discovery in the block to date, the company says. Eni and its partners plan further drilling in the vicinity to accelerate the development of a second production hub in the block (the Northeastern Hub). The company has drilled four exploration on the block, with three (Sangos, N'Goma, and Cabaça Norte) resulting in discoveries.

The Northwestern Hub, centered upon the Sangos and N'Goma discoveries, is currently in the pre-development phase -- ongoing studies and appraisal drilling are under way.

Eni has a 35% working interest and is the operator in block 15/06; Sonangol E&P is the concessionaire. Other partners include Sonangol Pesquisa e Produção (15%), SSI Fifteen (20%), Total (15%), Falcon Oil Holding Angola (5%), Petrobras International Braspetro (5%), and Statoil Angola Block 15/06 Award (5%).

10/29/2009

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