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Eni finds light oil in Agidigbo prospect offshore Angola

Weeks after finding oil in the Ndungu prospect, Italy'sEni SpA announced that it has made another discovery in Block 15/06, deep offshore Angola, that is projected to contain 300 million to 400 million barrels in place.

The discovery, called Agidigbo, was made through the Agidigbo-1 NFW well in water depths of 275 meters. The West Gemini drillship drilled the well, which reached a total depth of 3,800 meters. The well proved a single hydrocarbon column comprising a 60-meter gas cap and 100 meters of light oil. The company is planning an appraisal campaign in early 2020.

The Agidigbo discovery is the fifth in the block and follows the Kalimba, Afoxé, Agogo and Ndungu. Combined, the five discoveries are said to contain up to 1.8 billion bbls with potential upside.

The Block 15/06 joint venture is operated by Eni with a 36.84% stake whileSonangol Pesquisa e Produção SARL and SSI Fifteen Ltd. hold interests of 36.84% and 26.32%, respectively.