Sangos-1 wildcat roars for Eni
Italian giant Eni has hit the jackpot off Angola, with the Sangos-1 wildcat,
the first probe sunk in Block 15/06, tapping a 127-metre oil column.
The well, drilled to a total depth of 3343 metres in water depths of 1349
metres, hit the oil column in Miocene sands with high permeability, Eni
said.
Eni - which forked out $900 million for operatorship of the block in Angola's
2006 round - said that the well produced excellent quality 29 API degree oil
in greater quantities than expected during production tests.
It added that the field dimensions and results are better than estimated, but
would not provide further details.
Up to eight wells are planned for the block in the period running to 2011. Eni
can extend the licence by a further three years, provided it sinks an extra
three wells.
Eni operates Block 15/06 with a 35% stake. Sonangol is the block's licensee.
The other partners of the contractor group are Sonangol Pesquisa e Producao
(15%), SSI Fifteen (20%), Total (15%), Falcon Oil (5%), Petrobras (5%) and
StatoilHydro (5%).
05 May 2008 10:56 GMT
| last updated:
05 May 2008 12:57 GMT
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