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Moho-Bilondo delivers the goods



By Upstream staff 

French giant Total said today the Mobi Marine-2 well, in the Moho-Bilondo permit off Congo-Brazzaville, has hit oil.

Mobi Marine-2 was drilled to a total vertical depth of 2269 metres, in water depths ranging from 600 metres to 900 metres, and identified two new oil-bearing structures at the base of the Upper Miocene over a combined thickness of around 30 metres.

Total, which operates Moho-Bilondo, said the discovery is the first step in a process designed to add further reserves to the permit's phase one development. The company added the new resources are being appraised and a development plan is being prepared.

Launched in late August 2005, the initial Phase 1 development plan for the Moho Bilondo project comprises 12 subsea wells tied back to a floating production unit whose output - around 90,000 barrels per day at peak - will be exported to the Djeno terminal. The field is scheduled to come on stream in 2008.

Total operates Moho-Bilondo with a 53.5% stake. Its partners are Chevron (31.5%) and Societe Nationale des Petroles du Congo (15%).


Tuesday, 25 July, 2006, 14:14 GMT  | last updated: Tuesday, 25 July, 2006, 14:17 GMT

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