Eni discovers 350 mmboe of exploration resources in H1 2019

Oil&Gas Materials 27 July 2019 09:56 (UTC +04:00)

Baku, Azerbaijan, July 27

By Leman Zeynalova – Trend:

Italy’s Eni company has discovered a total of 350 million barrels of oil equivalent (mmboe) of exploration resources in the first half of 2019, Trend reports citing Eni.

There discoveries include:

- Offshore Angola: a new successful exploration campaign has led to several discoveries in Block 15/06 (Eni operator with a 36.8 percent interest) with the last positive outcomes in the Ndungu and Agidigbo prospects, the second and the third discoveries since the beginning of the year following the Agogo discovery and the fifth since the resumption of exploration activities in 2018. The cumulative resources found are pegged at 1.8 billion barrels of oil in place;

- Offshore Ghana: new gas and condensates discovery made in the CTP-Block 4 (Eni operator), with estimated resources in place ranging between 550-650 bcf of gas and 18-20 mmbbl of associated condensate, representing a potential commercial discovery due to its proximity to existing production infrastructures;

- Norwegian North Sea: new oil and gas discoveries in the PL 869 license participated by Vår Energi;

- Offshore Egypt: made a gas discovery in the exploration permit Nour (Eni operator with a 40% interest) and near field discovery made in the western desert with the Basma and Shemy prospects, onshore Nile delta with the El Qara North East 1 prospect and the Gulf of Suez with the Sidri South prospect. Some discoveries have already been linked to the producing facilities;

- Vietman: gas and condensates discovery in the exploration permit Ken Bau, Block 114 (Eni operator with a 50% interest), located offshore Vietnam.

Eni is an Italian company with a worldwide presence. It is one of the global oil and gas super-players – operating in 71 countries worldwide and employing around 33,000 people.


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