Eni makes new Mamba find

NewsFlash:

Eni makes new Mamba find

Written by Sunny Oputa Wednesday, 15 February 2012 21:43

Italy’s Eni has made a new giant gas discovery at the Mamba North-1 prospect in Area 4, off Mozambique.

This e-mail address is being protected from spambots. You need JavaScript enabled to view it 15 February 2012 07:27 GMT

The Mamba North-1 discovery well was drilled to a total depth of 5330 metres and encountered a mineral potential of 212.5 billion cubic metres, according to the Italian operator.

Eni said the well intersected a total of 186 metres of gas pay in multiple high quality Oligocene and Paleocene sands.

The well produced about 1 million cubic metres of gas per day and minor volumes of condensate during testing, but flow rates were constrained by surface facilities.

However, Eni estimated output per well would reach more than 4 MMcmd in a final production completion configuration.

Mamba North-1 lies in water depths of 1690 metres, about 45 kilometres off the Capo Delgado coast and 23 kilometres north of the Mamba South-1 discovery.

Following the discovery at Mamba North-1, Eni estimated the total volume of gas in place in the Mamba complex at about 850 Bcm.

The Italian company now plans to drill another five wells in 2012 on nearby structures in order to assess the upside potential of the Mamba Complex.

Eni holds a 70% interest in Offshore Area 4 with Galp Energia, Kogas and ENH each holding a 10% share.