OSLO-- Operator BP has hit oil pay with the Tebe discovery in ultra deepwater block 31, offshore Angola. This is the nineteenth find in the block.
The discovery is in the southern portion of block 31, southeast of the Hebe discovery. It was drilled in a water depth of 1,752 m (5,748 ft) and reached a total vertical depth of 3,325 m (10,909 ft) below sea level.
Well results confirmed the capacity of the reservoir to flow in excess of 5,000 b/d under production conditions, the company says.
Sonangol is the concessionaire of block 31; BP is operator with a 26.67% stake. Other shareholders in block 31 are ExxonMobil (25%), Sonangol P&P (20%), StatoilHydro (13.3%), Marathon (10%), and TEPA (5%).
BP makes Tebe discovery offshore Angola
Operator BP has hit oil pay with the Tebe discovery in ultra deepwater block 31, offshore Angola.