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Celebration time:as BP announces its 13th find in Block 31

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Angola strike makes it lucky 13 for BP

UK supermajor BP has racked up its 13th discovery in Block 31, in Angola's ultra deep-water play, hitting oil with the Miranda find.

Miranda lies 11 kilometres south of the Titania discovery, which was made in October 2006.

The Miranda discovery well was drilled from the drill ship Jack Ryan to a total depth of 5116 metres, in water depths of 2436 metres.

The well tested at a flow rate of 3822 barrels of oil per day through a 48/64 inch choke.

Details of development options and an estimate of Miranda's recoverable reserves were not immediately available.

Sonangol is the Block 31 concessionaire, while BP operates the block with a 26.67% stake. The other Block 31 partners are ExxonMobil (25%), Sonangol (20%), Statoil (13.33%), Marathon (10%) and Tepa (5%).

BP has already logged the Urano, Plutao, Saturno, Marte, Venus, Palas, Ceres, Juno, Astraea, Hebe, Titania and Terra at Block 31.

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