Eni has efficiently drilled Agogo-Three, the second appraisal effectively of Agogo discovery in Block 15/06, offshore Angola, rising by about 40% the estimate of oil in place, which is now of 1 billion barrels with additional upside to be examined within the Northern sector of the sector.
Agogo-Three has been drilled by the Libongos drillship 1.5 km North-West of the Agogo-2 and four.5 km North-West of Agogo-1 wells. Agogo area is situated roughly 180 km from the coast and 23 kilometers from the West Hub (N’Goma FPSO). This appraisal effectively is situated in a water depth of 1,700 m and reached a complete measured depth of four,321 m.
Agogo-Three encountered as much as 120 m of web pay of sunshine oil (31°API) in sandstones of Miocene and Oligocene age with wonderful petrophysical properties. An intense knowledge acquisition has been carried out within the effectively; the information verify the communication with Agogo-2 reservoirs and the additional extension of the Agogo discovery to the North. Agogo Three has been deliberate and drilled as a extremely deviated effectively to succeed in the sequences under the thick blanket of salt, leveraging on Eni’s superior proprietary seismic imaging applied sciences and confirmed the existence of oil charged and related reservoir additionally on this subsalt sector of Agogo megastructure. The knowledge acquired point out a manufacturing capability in extra of 15,000 barrels of oil per day.
The Block 15/06 Joint Venture (Eni, operator, 36.8421%; Sonangol P&P, 36.8421%; SSI Fifteen Limited, 26.3158%) introduced in January 2020 the manufacturing start-up of Agogo area with a subsea tie again to N’Goma FPSO of Agogo 1, solely 9 months after the invention. Eni and JV companions have already began the research to use the complete potential of the sector by means of a 3rd manufacturing hub, concentrating on an FID in 2021.
Angola performs a key function within the technique for natural progress of Eni, which has been current within the Country since 1980 and accounts at present an fairness manufacturing of about 140,000 barrels of oil equal per day. Besides Block 15/06, Eni at present operates block Cabinda Norte, situated onshore Angola, and can enhance its operated areas including Blocks 1/14 (offshore Lower Congo Basin), Cabinda Centro (onshore) and Block 28 within the offshore Namibe Basin.
(Source: ENI – Image: Libongos drillship/Africa Oil & Power)
The publish ANGOLA – AGOGO DISCOVERY OIL IN PLACE INCREASED TO 1 BILLION BARRELS appeared first on Energy Global News.