Total reports oil in Moho-Bilondo

Total reports oil in Moho-Bilondo, 80 km offshore Republic of Congo, in 600-900 m water depths.

Offshore staff

COURBEVOIE, France -- Total reports oil in Moho-Bilondo, 80 km offshore Republic of Congo, in 600-900 m water depths.

Drilled to a total vertical depth of 2,269 m, the Mobi Marine 2 well identified two new oil-bearing structures at the base of the Upper Miocene over a combined thickness of around 30 m.

Total E&P Congo's partners in Moho-Bilondo are Chevron Overseas Congo Ltd. (31.5%) and Société Nationale des Pétroles du Congo (15%).

Launched in late August 2005, the Phase 1 development for the Moho Bilondo comprises 12 subsea wells tied back to a floating production unit (FPU) , with output—around 90,000 b/d oil at peak go to the Djéno terminal. The field is scheduled to come on stream in 2008.

7/25/06

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