Eni Flows Oil, Gas in Third Discovery Offshore Congo
Eni S.p.A. has discovered wet gas and a light oil accumulation in a pre-salt area in the Marine XII block, about 11 miles offshore Congo.
The exploratory well, Nene Marine 3, is an extension of the discovery well Nene Marine 1 and the appraisal well Nene Marine 2. Both wells are located at a distance of 1 mile and 2 miles, respectively.
Eni conducted a production test, and “in the oil interval, the well flowed more than 5,000 barrels of oil per day at 36 degree API gravity,” the operator said in a press release.
Eni now estimates that the discovery of the Nene Marine filed contains 1.2 billion barrels of oil and 30 billion cubic meters of gas in place.
Overall, the potential of the field and the nearby Litchjendilj Marine field is estimated to hold 2.5 billion barrels of oil equivalent in place.
The company plans to continue to focus on exploration, it said in its 2014-2017 strategic plan, with its key areas being Mozambique and Kenya in East Africa, Congo, Angola and Gabon in West Africa, the Pacific basin, the Barents Sea and Cyprus.
Eni also stated in a separate statement that the company’s growth will be driven by 26 projects, which will contribute about 500,000 barrels of oil equivalent per day by 2017.
Offshore West Africa continues to be a successful oil and gas exploration and production venue. Congo is among the top five oil producers in Sub-Saharan Africa, according to the U.S. Energy Information Administration (EIA). The country holds sizeable proved natural gas reserves but only small amounts are commercialized because of the lack of infrastructure, the organization said.
Eni has operated in the country since 1968 and is the leading natural gas producer in the area. Eni's gas production in Congo has increased from 67.9 million cubic feet per day (MMcf/d) in 2010 to 120.5 MMcf/d in 2012. The company also accounted for more than 35 percent of the country's total oil production (98,000 barrels per day) in 2012, the company stated.
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