ENI APPRAISES MOZAMBIQUE

A group led by Eni SPA has successfully executed the appraisal campaign for the Agulha discover in Area 4 offshore Mozambique, Eni reported.

The Agulha 2 well, which is the twelfth well drilled in Area 4, proved a 25-m gas column in good quality Paleocene reservoir sandstones and confirmed the southern extension of the field.

The delineation was carried out through the Agulha 2 well, which was drilled in 2,603 m of water and reached a total depth of 5,645 m. The well is in the southern part of Area 4 about 12 km south of the Agulha 1 discovery well and 80 km off Cabo Delgado.

Eni is considering further exploration drilling in the southern part of Area 4 after Agulha 2.

Total resources discovered in Area 4 are estimated at 85 tcf of gas in place.

Eni is the operator of Area 4 with 50% indirect interest owned through Eni East Africa, which holds 70% of Area 4. Other partners, each with 10% interest, are GalpEnergia, Korea Gas Corp., and Mozambique's state ENH carried through the exploration phase. China National Petroleum Corp. owns 20% indirect participation in Area 4 through Eni East Africa.

ogj.com