Italy’s ENI makes new oil discovery offshore Angola

Discovery opens new opportunities for oil exploration in the Southern part of Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore.


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Italian energy major ENI announced on June 25 a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore, which is estimated to contain between 230 and 300 million barrels of light oil in place.

The Kalimba-1 NFW well, which has led to the discovery, is located approximately 150 kilometres off the coast and 50 kilometres South East from the Armada Olombendo FPSO (East Hub), ENI said, adding that the well was drilled by the West Gemini drillship in a water depth of 458 meters and reached a total depth of 1901 metres.

Kalimba-1 NFW proved a 23 metres net oil pay of high quality oil (33° API) contained in Upper Miocene sandstones with excellent petrophysical properties., ENI said. The data acquired in Kalimba-1 NFW indicate a production capacity in excess of 5,000 barrels of oil per day.

“The discovery opens new opportunities for oil exploration in the Southern part of Block 15/06, so far considered mainly gas prone, thus creating new chances for additional potential value in the block,” ENI said.

The Joint Venture, composed by ENI (operator, 36.8421%), Sonangol P&P (36.8421%) and SSI Fifteen Limited (26.3158%), will work to appraise the discovery and will start the studies to fast-track its development, ENI said.

ENI said Angola is a key country in the company’s strategy for organic growth. ENI has been present in the Country since 1980 and accounts currently an equity production of about 155,000 barrels of oil equivalent per day.

In Block 15/06 the two oil development projects, West hub and East Hub, are currently producing about 150.000 barrels of oil per day (100%). ENI is also the operator of Cabinda Norte Block, located onshore Angola.

The next start-ups in block 15/06 this year will be the Upper Miocene, in the East Hub, and the Subsea Boosting System for the Mpungi field, while the Vandumbu field, that will be connected to the West Hub, will start production at the end of 2018, ahead of plan, ENI said, adding that these start-ups will add further 30,000 barrels of oil to the overall production from Block 15/06, which in 2019 will exceed 170,000 barrels of oil per day gross.

 

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