Eni increases the giant Mamba South gas discovery in Mozambique by 50%
27 October 2011
Eni announced that the discovery of gas made in the exploratory prospectus of Mamba South 1, Area 4 offshore Mozambique, is about 50% larger than what announced by the Company on 20 October. (Earlier post.)
During deepening of the well, it encountered a new separated pool that contains a potential of up to 7.5 Tcf of gas in place in clean sands from the Eocene age. The new sequence has about 90m of gross gas pay and has also been successfully cored. Eni considers that this discovery can lead to a potential of up to 22.5 Tcf of gas in place in the Mamba South Area.
The well will be now drilled to the total depth of about 5,000 meters (16,400 feet) after which Eni will move to drill the second commitment well, Mamba North 1, located about 22km north of Mamba South 1 location.
Eni said it expects that the “unprecedented potential” of Tertiary Play existing in area 4 will be further defined in the forthcoming appraisal campaign.
Eni has already begun the front end activities to timely market the gas both internationally and locally.
Eni is the operator of Offshore Area 4 with a 70% participating interest. Co-owners in the area are Galp Energia (10%), KOGAS (10%) and ENH (10%, carried through the exploration phase).
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