Offshore staff
SAN DONATO MILANESE, Italy – Eni has made a light oil discovery on the Cuica exploration prospect in block 15/06 offshore Angola.
The drillship Libongos drilled the Cuica-1 NFW in a water depth of 500 m (1,640 ft) and reached a total vertical depth of 4,100 m (13,451 ft). It encountered an 80 m (262 ft) total column of reservoir of light oil (38°API) in sandstones of Miocene age with good petrophysical properties.
The new discovery is estimated to contain between 200 and 250 MMbbl of oil in place. Well results indicate a production capacity of about 10,000 b/d of oil. The discovery well is going to be sidetracked updip to be placed in an optimal position as a producer well.
According to Eni, Cuica is the second significant oil discovery inside the existing Cabaça development area and close to the FPSO Armada Olombendo (East Hub). The wellhead location, intentionally placed close to East Hub’s subsea network, will allow a fast-track tie-in of the exploration well. Production is expected to start within six months.
Cuica is the first commercial discovery in block 15/06 since the COVID-19 pandemic and the oil price drop last year.
The company has received a three-year extension for the exploration period of block 15/06 until November 2023.
The Block 15/06 Joint Venture consists of Eni (operator, 36.8421%), Sonangol P&P (36.8421%), and SSI Fifteen Ltd (26.3158%).
04/06/2021
