The Ndungu oil subject in Angola is about for a serious improve. Eni, the venture developers made the announcement and said the upgrade will be accomplished following important improve of resource base, due to a phased approach to untap the general potential in an optimal method from a monetary perspective, initially contributing to increase and improve the plateau of the Ngoma, a a hundred kbopd zero-discharge and zero-process flaring FPSO.
Ndungu field, is located approximately one hundred thirty km off the coast and about 10 km from the Ngoma FPSO within the West Hub of Block 15/06. The Ndungu 2 appraisal properly was drilled 5 kilometres away from Ndungu-1 and stroke 40 m of net oil pay (35°API) in the Lower Oligocene reservoirs with good petrophysical properties confirming the hydraulic communication with the discovery nicely.
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Preliminary data
The preliminary knowledge collected on Ndungu-2 permits to spice up to 800 – one thousand million barrels of oil equal in place the sphere resources from the preliminary estimates of 250-300 (post Ndungu-1), making Ndungu, along with Agogo, the largest accumulation discovered in Block 15/06 for the explanation that block award.
The systematic and steady Infrastructure-Led Exploration (ILX) effort performed by Eni and its partners over the past three years, with the full support of ANPG and Angolan Authorities, leveraged forefront know-how and allowed to unlock important further potential within the complex structural and stratigraphic traps inside Block 15/06.
This result also exhibits how Azule Energy, the recently announced unbiased joint venture that mixes Eni and bp portfolios within the country, can count on a stable pipeline of latest initiatives starting up over the subsequent few years, together with Agogo, Ndungu and PAJ oil initiatives in Blocks 15/06 and 31 respectively, as properly as the NGC gas projects.
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