novembro 29, 2022

First Discovery by ExxonMobil in Angola Block 15 in Nearly 20 Years

ExxonMobil has announced a discovery at the Block 15 offshore Angola Bavuca South-1 exploration well.

98 feet (30 meters) of excellent, hydrocarbon-bearing sandstone were found in the well. It was dug in 1,100 meters (3,608 feet) of water and is situated around 365 kilometers northwest of the coast of Luanda. The operation was carried out by ExxonMobil using the Valaris DS-9 drillship.

The Angola Block 15 development project includes the construction of the Bavuca South-1 well.

Hungo, Kissanje, Marimba, and Dikanza in 1998; Chocalho and Xikomba in 1999; Mondo, Saxi, and Batuque in 2000; Mbulumbumba, Vicango, and Mavacola in 2001; Reco Reco in 2002; and Cloches, Kakocha, Tchihumba, and Bavuca in 2003 were the previous 17 finds on Block 15.

“As the Block’s operator, ExxonMobil is leading the installation of new technology and a multi-year drilling program aimed at producing approximately 40,000 barrels of oil per day to help offset natural production declines,” ExxonMobil said.

The Bavuca South-1 discovery is the eighteenth discovery in Block 15, and first in nearly 20 years.
ExxonMobil affiliate Esso Exploration Angola (Block 15) Limited is the operator of Block 15 and holds a 36% interest. BP Exploration (Angola) Limited holds 24%, ENI Angola Exploration B.V. holds 18%, Equinor Angola Block 15 A.S. holds 12% and Sonangol P&P holds 10%. The National Agency for Petroleum, Gasand Biofuels (ANPG) is the Block 15 Concessionaire.

Main source: https://www.oedigital.com/news/500802-exxonmobil-strikes-first-discovery-in-angola-block-15-in-nearly-20-years

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