Petroleum Africa
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Thursday, October 30, 2014
The Republic of Congo (ROC) is the site of ENI’s latest oil discovery. The Italian firm revealed that the drilling of its Minsala Marine-1 well resulted in a “new important oil discovery.” The well is located on the Marine XII Block around 12 km from the Nené Marine discovery.
The discovery was drilled in a 75 meter water depth and reached a total depth of 3,700 meters, encountering a significant accumulation of light oil. The light oil was found in the Lower Cretaceous age pre-salt sequence, passing through a hydrocarbon column of 420 meters.
Claudio Descalzi, Chief Executive of ENI, commented: “We are delighted with this important result. It has been over four years since ENI started exploring the shallow water pre-salt plays of West Africa, and this campaign continues to deliver great results. We have already discovered about 4 billion barrels of oil equivalent in place, between Congo and Gabon. In Congo, this is the third discovery to be successfully drilled in the Marine XII permit pre-salt play following the Litchjendily and Nene Marine discoveries, which are both already under development. These discoveries are located in conventional waters near existing infrastructure and can therefore be brought into production in very competitive time to market and cost. This result also demonstrates ENI’s strong technical competences and the effectiveness of ENI’s exploration technologies , especially given the technical complexity of exploring the West African pre-salt plays.”
ENI has already mapped out the appraisal plan of the discovery as well as started studies for the commercial development of this significant reserve of hydrocarbons.
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