Offshore staff
HOUSTON -- A second deepwater discovery in block 31 offshore Angola was announced today by Marathon Oil Corp.
The Titania discovery is in 2,152 m of water 165 km off Angola. Drilled to TD of 5,339 m, the well flowed 2,050 b/d of oil through a 20/64-in choke.
Concessionaire of bock 31 is Sonangol, Angola's state-owned oil company. Marathon holds a 10 % interest, operator BP Exploration Angola has 26.67%, Sonangol, E.P. with 20%, Esso Exploration and Production Angola (Block 31) Ltd. with 25%, Statoil Angola A.S. with 13.33% and TEPA (Block 31) Ltd. with 5%.
10/23/06