Petroleum Africa
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Friday, February 14, 2014
Italian firm ENI has made a new discovery off the coast of the Republic of Congo with the drilling of the Nene Marine 3 well on the Marine XII Block. The well was drilled in a water depth of 28 meters 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 the Nene Marine 2.
During its production test in the oil interval the well flowed over 5,000 bpd of 36° API gravity crude oil. Following the results of the well, the company estimates that the Nene Marine field contains 1.2 billion barrels of oil and 30 Bcm of gas in place. The overall potential of the field and the neighboring Litchjendili Marine field is estimated at about 2.5 billion boe in place. The block also has a significant additional exploration upside which will be determined by the next exploratory and delineation campaign.
ENI, who holds a 65% stake in the Marine XII Block, quickly activated with the JV partners New Age and state-run SNPC, studies to ensure a rapid commercial development of these significant hydrocarbon reserves with the aim of launching first oil production from 2016.
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