Azule Vitality reported a gasoline discovery on the Gajajeira-01 exploration properly, situated offshore within the Decrease Congo Basin of Angola.
The properly was spudded at a water depth of 3111.7 ft (95 meters), roughly 37.3 miles (60 kilometers) off the coast. It encountered gas- and condensate-bearing sandstones in one of many Decrease Oligocene targets, designated LO100, the corporate stated in a information launch.
The preliminary outcomes and fluid samples point out a number of reservoirs with good mobility, and preliminary assessments counsel that gasoline volumes on web site could exceed 1 trillion cubic ft, with as much as 100 million barrels of related condensate, in accordance with the discharge.
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“These outcomes affirm the presence of a working hydrocarbon system and open new exploration alternatives within the space,” Azule Vitality stated.
The corporate stated it’s going to proceed to evaluate the total potential of the Gajajeira-01 discovery and collaborate with its Block 1/14 companions to find out the optimum growth technique. Drilling operations are ongoing, with the subsequent goal being the final Decrease Oligocene interval LO300.
The contractor group consists of Azule Vitality, the asset operator with a 35 % stake, Equinor ASA with 30 %, Sonangol E&P with 25 %, and Acrep S.A. with 10 %. Azule Vitality is an included three way partnership equally owned by BP plc and Eni SpA.
Paulino Jeronimo, Chairman of Angola’s Nationwide Company of Petroleum, Fuel and Biofuels (ANPG), stated, “These new discoveries are a motivating think about our ongoing efforts to draw personal funding within the sector for the event and monetization of pure gasoline. This useful resource is important for enhancing power entry and home consumption, in addition to for reinforcing Angola’s petrochemical and fertilizer industries”.
Azule Vitality CEO Adriano Mongini stated, “This can be a landmark second for gasoline exploration in Angola. Gajajeira-01 is the nation’s first devoted gasoline exploration properly, and its success reinforces our confidence within the potential of the Decrease Congo Basin. We’re proud to contribute to Angola’s long-term power growth with a concentrate on sustainability and power safety”.
Agogo FPSO Arrives in Angola
In Might, Azule Vitality reported the arrival of the Agogo floating manufacturing, storage and offloading vessel (FPSO), which is supplied with carbon discount expertise.
The Agogo FPSO types a key a part of the Agogo Built-in West Hub Undertaking, which goals to develop two discoveries inside Angola’s Block 15/06: the Agogo and Ndungu fields. The event is poised to “considerably improve” the block’s manufacturing, Azule Vitality stated in an earlier assertion.
The corporate stated it expects the Agogo Built-in West Hub mission to start out manufacturing within the second half of the 12 months with a ramp-up reaching 175,000 barrels per day (bpd).
Jeronimo stated, “The arrival of the FPSO Agogo in Angola holds important worth, marking the completion of a mission whose preliminary modules had been put in final 12 months. The mission encountered a number of difficult phases, but it additionally showcased efficient partnerships and the agency dedication of our human capital. Relating to native content material, a portion of the construction was manufactured in our nation’s shipyards”.
Block 15/06 is operated by Azule Vitality, with Sinopec and Sonangol Exploration and Manufacturing additionally proudly owning stakes, in accordance with the assertion.
To contact the writer, e mail rocky.teodoro@rigzone.com
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