The Ndungu oil area in Angola is set for a major improve. Eni, the venture developers made the announcement and said the upgrade shall be done following vital increase of resource base, because of a phased method to untap the overall potential in an optimal method from a monetary perspective, initially contributing to extend and increase the plateau of the Ngoma, a a hundred kbopd zero-discharge and zero-process flaring FPSO.
Ndungu subject, is situated approximately 130 km off the coast and about 10 km from the Ngoma FPSO within the West Hub of Block 15/06. The Ndungu 2 appraisal nicely was drilled 5 kilometres away from Ndungu-1 and stroke 40 m of web oil pay (35°API) in the Lower Oligocene reservoirs with good petrophysical properties confirming the hydraulic communication with the invention properly.
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Preliminary data
The preliminary information collected on Ndungu-2 permits to boost to 800 – one thousand million barrels of oil equivalent in place the sphere assets from the preliminary estimates of 250-300 (post Ndungu-1), making Ndungu, together with Agogo, the largest accumulation found in Block 15/06 for the explanation that block award.
The systematic and continuous Infrastructure-Led Exploration (ILX) effort performed by Eni and its companions over the last three years, with the complete support of ANPG and Angolan Authorities, leveraged vanguard know-how and allowed to unlock important additional potential in the complex structural and stratigraphic traps inside Block 15/06.
This result additionally reveals how Azule Energy, the lately announced unbiased joint venture that mixes Eni and bp portfolios within the country, can count on a stable pipeline of latest tasks beginning up over the subsequent few years, including Agogo, Ndungu and PAJ oil initiatives in Blocks 15/06 and 31 respectively, as properly as the NGC gas tasks.
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