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Eni in significant discovery offshore Congo

MILAN, Italy -- Eni has made an important new exploration discovery in the Marine XII Block  located approximately 17 km offshore Congo.

The exploration well, Nene Marine 3, which led to the important result, 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 flowed over 5,000 barrels of oil per day at 36° API gravity.

Following the results of the well, Eni estimates  that the discovery of  Nene Marine  field contains  1.2 billion barrels of oil and 30 billion cubic meters 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 barrels of oil equivalent in place.

The block also has a significant additional exploration upside which will be determined by the next exploratory and delineation campaign.

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

02/18/2014

 

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