Eni estimates 75 tcf of natural gas potential at offshore Mozambique discovery

Eni

Italy’s Eni has made a new natural gas discovery within the Mamba Complex, in Area 4, offshore Mozambique, at the Coral 3 delineation well, which is the eighth well drilled back to back in Area 4.

The new discovery confirms the potential of Area 4 operated by Eni at 75 trillion cubic feet (Tcf) of gas in place of which 27 Tcf exclusively located in Area 4.

Coral 3 was drilled in 2,035 meters of water and reached a total depth of 5,270 meters. The well is located approximately 5 kilometers south of Coral 1, 15 kilometers from Coral 2, and approximately 65 kilometers off the Cabo Delgado coast.

The well encountered 117 meters of gas pay in a high quality Eocene reservoir and adds at least 4tcf of gas in place to Area 4.

The discovery proved the existence of hydraulic communication with the same reservoir of Coral 1 and Coral 2 and confirms the large size of the Coral discovery that is now estimated to contain 13 tcf plus of Gas in Place wholly located in Area 4. According to the company, the Coral wells showed excellent deliverabilities during the production tests and each well is expected to deliver high flow rates in production configuration.

Eni plans to drill another delineation well, Mamba South 3, in order to assess the full potential of the Mamba Complex discoveries, before moving back to exploration drilling in the southern sector of Area 4.

Eni is the operator of Area 4 with a 70% participating interest. The other partners of the joint venture are Galp Energia (10%), KOGAS (10%) and ENH (10%, carried through the exploration phase).

 

Related Articles

EV Energy Partners, JV partners to drill 186 Utica wells this year

04/09/2014

Houston, TX-based EV Energy Partners plans to drill roughly 186 wells in the Utica Shale with joint venture partners Chesapeake Energy and Total.

Strike Energy assumes full interest in PEL 96

04/08/2014 Strike Energy Ltd. has notified Australian Gasfields Ltd. (AGL) that, due to AGL's nonpayment of a joint venture cash call, Strike Energy will have a 100% interest in the PEL 96 permit area in Sout...

Empire O&G appoints Aitken as CEO

04/01/2014 Empire Oil & Gas NL has appointed Ken Aitken as chief executive. Aitken is experienced in Western Australia’s oil and gas industry, in particular the Perth Basin, which hosts Empire’s assets.

Empire O&G withdraws from EP 437 in Perth Basin

04/01/2014 Empire Oil & Gas reports that its wholly owned subsidiary, Empire Oil Company (WA) Ltd., will withdraw from permit EP 437 in onshore Perth Basin, Western Australia, by agreement with its joint ...

Tap Oil and partners to drill in Myanmar Block M07

03/27/2014 Tap Oil Ltd. reported has been notified by the Myanmar Ministry of Energy (MOE) of the successful award of a production sharing contract for shallow-water Block M07 in the Moattama Basin, offshore ...

More Oil & Gas Financial Articles

EV Energy Partners, JV partners to drill 186 Utica wells this year

Wed, Apr 9, 2014

Houston, TX-based EV Energy Partners plans to drill roughly 186 wells in the Utica Shale with joint venture partners Chesapeake Energy and Total.

Strike Energy assumes full interest in PEL 96

Tue, Apr 8, 2014

Strike Energy Ltd. has notified Australian Gasfields Ltd. (AGL) that, due to AGL's nonpayment of a joint venture cash call, Strike Energy will have a 100% interest in the PEL 96 permit area in South Australia, following completion of the assignment of AGL’s interest.

Empire O&G appoints Aitken as CEO

Tue, Apr 1, 2014

Empire Oil & Gas NL has appointed Ken Aitken as chief executive. Aitken is experienced in Western Australia’s oil and gas industry, in particular the Perth Basin, which hosts Empire’s assets.

Empire O&G withdraws from EP 437 in Perth Basin

Tue, Apr 1, 2014

Empire Oil & Gas reports that its wholly owned subsidiary, Empire Oil Company (WA) Ltd., will withdraw from permit EP 437 in onshore Perth Basin, Western Australia, by agreement with its joint venture partners in the permit, Key Petroleum (Australia) Pty. Ltd., a wholly owned subsidiary of Key Petroleum Ltd. and Caracal Exploration Pty. Ltd.

Tap Oil and partners to drill in Myanmar Block M07

Thu, Mar 27, 2014

Tap Oil Ltd. reported has been notified by the Myanmar Ministry of Energy (MOE) of the successful award of a production sharing contract for shallow-water Block M07 in the Moattama Basin, offshore Myanmar.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ