Continental Focus, International Reach

ENI Hits Big Offshore Mozambique

Wednesday, February 15, 2012

Explorers offshore Mozambique have racked up another discovery, the latest coming from the ENI operated Area 4 Offshore Concession. The company hit with the drilling of the Mamba North-1 well, further increasing the potential of Area 4’s Mamba Complex.

ENI said the discovery was “giant”, encountering a potential of 7.5 Tcf of gas in place. The Mamba North-1 discovery brings the estimated total volume of gas in place for Area 4 to around 30 Tcf.

The Mamba North 1 discovery, located in water depths of 1,690 meters, reaches a total depth of 5,330 meters. During drilling a total of 186 meters of gas pay in multiple high-quality Oligocene and Paleocene sands were encountered.

During the production test, the first performed offshore Rovuma, the well produced high quality gas with flow rates, constrained by surface facilities, of about 35 Mmcf/d and minor volumes of condensates. In a final production completion configuration, estimated gas production per well is expected to reach over 141 Mmcf/d.

During 2012, ENI plans to drill at least other five wells in nearby structures to assess the upside potential of Mamba Compex.

ENI is partnered with Galp Energia, KOGAS,and ENH on Area 4.