Eni Boosts Mozambique Discovery 50% to 22.5 Tcf

Eni Boosts Mozambique Discovery 50% to 22.5 Tcf

Eni's gas discovery offshore Mozambique, Mamba South-1, is about 50 percent larger than what was previously announced by the company on October 20th.

While deepening the well, it found a new separated pool that potentially contains up to 7.5 Tcf of gas-in-place in clean sands from the Eocene age. The new section contains about 295 feet (90 meters) of gross gas pay, which has been cored.

Eni will drill the well to a total depth of about 16,404 feet (5,000 meters) after which the company will move the rig to drill the second commitment well, Mamba North-1, situated about 14 miles (22 kilometers) north of Mamba South-1 location.

The operator expects that the unprecedented potential of Tertiary Play existing in Area 4 will be further defined in the forthcoming appraisal campaign.

Furthermore, the operator has stated that front-end activities on the discovery have commenced. Eni believes that the discovery can hold up to 22.5 TCF of gas-in-place in the Mamba South Area. The discovery is located in a water depth of 5,200 feet (1,585 meters) about 25 miles (40 kilometers) off Cabo Delgado coast.

Eni operates the area with a 70 percent interest; Galp Energia holds 10 percent; KOGAS holds 10 percent; and ENH holds 10 percent, carried through the exploration phase.

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