Global and Regional MarketsNewsThe Offshore Frontier

Eni makes oil, gas discovery offshore Congo

Eni has made an exploration discovery in the Marine XII Block located approximately 17 km offshore Congo. The exploration well, Nene Marine 3, was drilled in a water depth of 28 m and has encountered a significant wet gas and light oil accumulation in the pre-salt clastic sequence outlining a significant extension to the west of the reservoir and its hydraulic continuity.

Nene Marine 3 is located 2 km from the discovery well Nene Marine 1 and 4 km from Nene Marine 2. During the production test in the oil interval, the well produced more than 5,000 bbl/day at 36° API gravity.

Following the results of the well, Eni estimates that the discovery of Nene Marine field contains 1.2 billion bbl of oil and 30 billion cu m of gas in place. The overall potential of the Nene Marine and of the neighboring Litchjendilj Marine fields is estimated in about 2.5 billion BOE in place.

Eni, which holds 65% of the Marine XII Block, activated the studies with the joint venture’s partners New Age (25%) and the Société Nationale des Pétroles du Congo (10%) to ensure a rapid commercial development of these hydrocarbon reserves with the aim of launching a first oil production from 2016.

Eni has been present in Congo since 1968 and has an oil equity production of 105,000 bbl/day in the country. Eni currently participates in exploration and production projects in Angola, Congo, Ghana, Gabon, Mozambique, Nigeria, Democratic Republic of Congo, Kenya and Liberia.

 

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