Eni Makes Significant Oil & Gas Discovery Offshore Congo

Italy’s Eni has made an important oil and gas discovery in the Nene’ Marine exploration prospect located in the Marine XII Block offshore Congo approximately 17 kilometers from the shoreline.

The company estimates the volume of the discovery proved with the 2 wells so far drilled at around 600 million barrels of oil and 700 Billion cubic feet of gas in place. The structure has considerable additional upside that will be evaluated with further delineation wells.

The discovery was made through the well Nene’ Marine 1, which has been drilled in 24 meters of water to a depth of 3,013 meters. The well encountered a significant wet gas and light oil accumulation in the pre-saline clastic sequence of Lower Cretaceous age. Nene’ Marine 2 well was drilled 2 kilometers away from the discovery well and confirmed the significant hydrocarbon accumulation and the continuity of the reservoir. During production tests both the wells flowed at a commercial rates oil at 37° API gravity.

Eni will continue the appraisal phase of the discovery while starting the studies for the commercial exploitation of this significant hydrocarbon accumulation with the partners of the Joint Venture.

Eni, through its owned subsidiary Eni Congo S.A., is the operator of Marine XII block with a 65% stake. Other partners are New Age with a 25% stake and state Company SNPC (Societé Nationale des Pétroles du Congo) with 10% stake.

Eni has been present in Congo since 1968 and today has an equity production of 110,000 barrels of oil per day in the country. Eni has been present in Sub-Saharan Africa since the 1960s and currently participates in exploration and production projects in Angola, Congo, Ghana, Gabon, Mozambique, Nigeria, Democratic Republic of Congo, Togo, Kenya and Liberia. Eni’s current operated production in the region is approximately 450,000 barrels of oil equivalent per day.

 

Press Release, August 1, 2013

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

OSEA2018 International Conference

The OSEA International Conference is regarded as one of the preferred knowledge exchange platforms in the region and with over 18,000…

read more >

IMCA Annual Seminar

The focus of this year’s seminar is on the industry finding new strategies and ways of working in today’s…

read more >

Mauritanides 2018

Mauritanides (11-13 Dec 2018) is the foremost and largest event for companies seeking to invest in the Mining…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply