Stena Carron: Moving on to next wildcat
All eyes on Angola pre-salt
22 August 2014 12:00 GMT
Statoil in Angola farm-out
11 July 2014 12:00 GMT
Statoil in Angola block sale
03 July 2014 02:35 GMT
Petronas makes its debut off Angola
04 April 2014 12:00 GMT
04 September 2014 06:24 GMT
The Dilolo-1 well in Block 39 is now being plugged and abandoned after the operator found a dry hole.
Further studies are being carried out to fully understand the results of the well to use as a reference for other prospects on the offshore tract.
The well was testing a carbonate play at about 5200 metres. It was expected to cost more than $200 million.
Joint venture partner Genel Energy revealed that the drillship Stena Carron has now moved to Block 39 to spud the Jacare-1 exploration well.
Statoil recently farmed down its interest in Block 39, selling off a 10% interest to Colombia's Ecopetrol.
The interests in Block 39 are Statoil as the operator with 37.5%, Total on 7.5%, a Genel-White Rose parternship with 15%, Ecopetrol on 10% and Sonangol P&P with 30%.
The Block 38 partners will be Statoil on 45%, Genel-White Rose on 15%, Ecopetrol on 10% and Sonangol P&P with 30%.
The companies said that, while there had been no discoveries on Block 39, it held multi-billion barrel prospectivity in a working hydrocarbon system.
Six discoveries lie elsewhere in the Kwanza basin close to the licences, including the trio of finds Cobalt International made with its Lontra, Cameia and Orca wildcats.
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