CWC
CWC

ENI Hits New Pay dirt, off Angola

Italian explorer ENI reports it has made a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. “The discovery is estimated to contain between 170 and 200Million barrels of light oil in place”, the company asserts in a release, even though it admits the well had not been tested.

The Afoxé-1 NFW well is located in the south-east area of Block 15/06, approximately 120 km off the coast, 50 km south-west from the Olombendo FPSO and 20 km west of the recent Kalimba-1 discovery. The well was drilled in a water depth of 780 meters and reached a total depth of 1,723 meters.

“Afoxé-1 NFW proved a 20 meters net oil pay of high quality oil (37° API) contained in Upper Miocene sandstones with excellent petrophysical properties”, ENI explains in a very upbeat announcement. “The well has not been tested but an intensive data collection has been carried out that indicates a production capacity in excess of 5,000 barrels of oil per day. The new nearby discoveries of Kalimba and Afoxé are now accounting together a potential of 400 – 500MMBOE of high quality oil in place and represent a new cluster that can be exploited jointly in a new development concept.

Afoxé discovery is a further confirmation of the oil exploration potential still held in southern part of Block 15/06, previously considered mainly gas prone. ENI is planning to drill up to 4 new exploration wells back to back in Block 15/06 during 2019”.

 



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