Offshore Angola Exploratory Hits Hydrocarbons In Lower Miocene Sandstones

Drilling Activity Details

Locations

Angola

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

Drilling Activity Summary

Description

Another discovery was announced by Rome-based Eni in offshore Angola Block 15/06. An exploratory, #1-NFW Agidigbo, was drilled to 3,800 m and hit a single hydrocarbon column composed with a gas cap of about 60 m and 100 m of light oil. The hydrocarbons are contained in Lower Miocene Sandstones with good petrophysical properties. Based on current testing, there is an estimated 300-400 MMbbl of oil in place. The five commercial discoveries on the block are estimated to contain up to 1.8 Bbbl of light oil in place with possible upside. The Block 15/06 joint venture partners are operator Eni with 36.8421%, Sonangol with 36.8421% and SSI Fifteen Ltd. with 26.3158%.