Eni: new ultra-deep discovery offshore Mozambique could contain 5-7 Tcf of gas in place
4 September 2013
Italy-based oil and gas major Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cubic feet of gas in place.
In 2011, Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. Eni considered that this discovery can lead to at least 22.5 tcf of gas in place in the Mamba South Area. (Earlier post.)
|Eni’s Area 4 offshore Mozambique. Map: INP. Click to enlarge.|
Eni and its Area 4 Joint Venture partners are finalizing the assessment of the new discovery and planning the appraisal strategy.
Agulha well, which led to the discovery, is the tenth well drilled back to back in Area 4, where exploration has achieved a 100% rate of success. Agulha was drilled in 2,492 meters (8,175 feet) of water and reached a total depth of 6,203 meters (20,351 feet).
The well is located in the southern part of area 4, approximately 80 kilometers (50 miles) off the Cabo Delgado coast, and was drilled to assess new exploration targets and to test the hydrocarbon potential of geological sequences which are older than the ones drilled in the Mamba complex.
Agulha encountered about 160 meters of wet gas pay in good quality Paleocene and Cretaceous reservoirs.
The discovery opens a new exploration play in the southern part of Area 4 where the drilling of three additional wells is foreseen in 2014.
Eni is the operator of Area 4 with a 50% indirect interest owned through Eni East Africa, which holds 70% of Area 4. The other partners are Galp Energia (10%), KOGAS (10%) and ENH (10%, carried through the exploration phase). CNPC owns a 20% indirect participation in Area 4 through Eni East Africa.
TrackBack URL for this entry:
Listed below are links to weblogs that reference Eni: new ultra-deep discovery offshore Mozambique could contain 5-7 Tcf of gas in place: