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The Italian Oil Company Eni Made A New Oil Discovery In The Afoxé Exploration Prospect, Located In Block 15/06, Off The Coast Of Angola. The Discovery Is Estimated To Contain Between 170 And 200 Million Barrels Of Light Oil
Eni Said On Monday That The Afoxé-1 NFW Well, Which Led To The Oil Discovery, Is Located In The Southeast Area Of Block 15/06, Approximately 120 Km From The Coast, 50 Km Southwest Of The Olombendo FPSO, And 20 Km West Of The Recent Kalimba-1 Discovery. The Well Was Drilled In 780 Meters Of Water Depth And Reached A Total Depth Of 1,723 Meters.
According To Eni, Afoxé-1 NFW Found That The Liquid Oil Is High Quality (37 ° API) Contained In Upper Miocene Sandstones With Excellent Petrophysical Properties.
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The Well Was Not Tested, But An Intensive Data Collection Was Conducted That Indicates A Production Capacity Greater Than 5,000 Barrels Of Oil Per Day. The New Discoveries Near Kalimba And Afoxé Now Together Represent A Potential Of 400 – 500 Mboe Of High Quality Oil And Represent A New Cluster That Can Be Explored Together In A New Development Concept.
The Afoxé Discovery Is An Additional Confirmation Of The Exploration Potential Of Oil Still Held In The Southern Part Of Block 15/06, Previously Considered Mainly Gas-Prone. Eni Is Planning To Drill Up To Four New Exploration Wells In Block 15/06 During 2019.
Eni’s CEO, Claudio Descalzi, Said: “Eni Is Committed To Developing This Discovery Leveraging Its Best Time-To-Market, While At The Same Time Launching An Intensive Exploration Campaign That Will Fully Support The Company’s Organic Growth In The Country.”
Block 15/06 Is Developed By A Joint Venture Formed By Eni (36.84%, Operator), Sonangol P & P (36.84%), And SSI Fifteen Limited (26.32%).
In November, Eni Signed An Agreement With Sonangol To Expand The Offshore Block 15/06 Perimeter. With This Agreement In Place, The Block Now Covers An Additional Area Of 400 Km2 On The West Side.
Eni’s Block 15/06 Is Located About 350 Km Northwest Of Luanda And 130 Km West Of Soyo, At Depths Between 200 M And 1,800 M. The Developed Fields Sangos, Cinguvu, Mpungi, Ochigufu, And Cabaça S.E. Are Linked To Two FPSOs Installed In The Block, Ngoma And Olombendo, With A Total Oil Treatment Capacity Of 200 Kbopd.
The Ngoma And Olombendo FPSOs Started Production In November 2014 And February 2017, Respectively.
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