Eni boosts outlook for gas off Mozambique

By OGJ editors

Eni has increased its estimate of natural gas in place in its license offshore Mozambique to 80 tcf from 75 tcf after completing appraisal drilling.

Eni Mamba South 3, the ninth well drilled on Area 4, encountered 214 m of gas pay in high quality Oligocene and Eocene strata, proving communication with the same reservoirs in Mamba South 1 and 2 and Mamba North East 1 and 2.

Mamba South 3, drilled in 1,571 m of water, reached 4,948 m TD. It’s 6 km north of Mamba South 1, 12 km northwest of Mamba South 2, and 50 km off the Cabo Delgado coast.

Eni said it is completing development plans.

It plans to drill an exploration prospect called Agulha 1 in the southern part of Area 4 to test deeper potential.

Eni, operator, has a 70% participating interests. Galp Energia, KOGAS, and ENH hold 10% interests each. ENH’s interest is carried through exploration.

Petrochina Co. Ltd. has agreed to acquire 28.57% of Eni East Africa in a deal, subject to approvals, that will give China National Petroleum Corp. a 20% stake in Area 4 (OGJ Online, Mar. 14, 2013).

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...