Eni Announces Light Oil Discovery at Offshore Angola Block 15/96

Drilling Activity Details

Locations

Angola

Operators
Post Date
Shore Type
Well Name
#1-Cuica NFW
Geo Coordinate

Drilling Activity Summary

Description

Rome-based Eni reported a new light oil discovery in Block 15/06, in offshore Angola. The well has been drilled on the Cuica exploration prospect located inside the Cabaca Development Area. The #1-Cuica NFW was drilled as a deviated well to a total depth of 4,100 m. The venture encountered an 80-m oil column with 38° API oil in Miocene Sandstone. Eni plans to drill an updip sidetrack and the current estimated production capacity is approximately 10,000 bbl of oil per day. The find is estimated at 200-250 MMbbl of oil-in-place. This is the second oil discovery within the existing Cabaca Development Area where water depth is about 500 m deep. Eni is the operator of the block with 37% interest and partners include Sonangol (36%) and SSI (27%).