Total: 7th Oil Discovery On Deep Offshore Block In Angola

Total: 7th Oil Discovery On Deep Offshore Block In Angola
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Τρι, 19 Οκτωβρίου 2010 - 19:28
French oil major Total SA (TOT) said Tuesday its TEPA (Block 15/06) Ltd. unit and partners discovered oil at the Mpungi-1 well in deep-water reaches offshore Angola.
French oil major Total SA (TOT) said Tuesday its TEPA (Block 15/06) Ltd. unit and partners discovered oil at the Mpungi-1 well in deep-water reaches offshore Angola.

The well is located at block 15/06 some 120 kilometers off the Angolan coast in 1,050 meters of water, with a total depth of 2,300 meters. It encountered pay at both the Upper and Middle Miocene sand reservoirs, Total said.

During production tests, limited by the surface facilities, Mpungi-1 produced light oil at a flow rate over 6,000 barrels per day.

TEPA holds 15% of the interest in Block 15/06, which is operated by Italian oil group ENI Spa (ENI.MI), which holds 35%, Total said, without elaborating on other partners.

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