Eni reviews the start-up of its offshore Agogo oilfield, located within the 15/06 Block within the Angolan waters. The start-up takes place simply 9 months after its discovery due to the operational synergies facilitated by the Floating Production Storage Offloading (FPSO) Ngoma, West Hub manufacturing centre, located 15km from the oilfield.
The start-up was carried out with the drilling of the Agogo-1 effectively at a water depth of round 1700 meters. Current manufacturing is round 10,000 barrels of oil per day, and is ready to achieve 20,000 barrels per day throughout the subsequent weeks.
According to preliminary estimates, the sphere holds over 650 million barrels of oil in place, with an extra potential that might be verified after the drilling of recent delineation wells.
The file time set for the sphere to turn out to be operational, 9 months after its discovery final March, confirms Eni’s profitable endorsement of the quick monitor mannequin within the improvement of its discoveries, a technique primarily based on operational synergies with already current infrastructure that maximises tasks worth. The technique is enabled by a phased area setup, which embody an early manufacturing stage and, after the completion of the appraisal marketing campaign, the following improvement of the complete potential by a brand new improvement hub.
The discoveries occurred within the Block 15/06 throughout the exploration durations 2006-2011 and 2011-2014 led to the execution of two tasks, the West Hub and East Hub, with the set up of two floating FPSO platforms, which began manufacturing in 2014 and 2017, respectively. The two manufacturing hubs comprise eight fields developed by 42 underwater wells and the whole manufacturing exceeded 180 million oil barrels by the tip of 2019.
From the second half of 2018, Eni Angola and the JV companions (Sonangol and SSI Fifteen) have launched a brand new exploration marketing campaign within the Block 15/06 that led to the invention of 5 new fields that, based on preliminary estimates, include about 2 billion barrels of oil in place, which is doubles the figures of the fields beforehand found and developed by the West Hub and East Hub installations.
Eni Angola is operator of the Block 15/06 since 2006, with a Joint Venture composed by Eni (operator, 36.8421%), Sonangol P&P (36.8421%) and SSI Fifteen Limited (26.3158%).
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