Eni, the Italian oil group has announced the discovery of the biggest gas in its history at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The well encountered a total of 212 meters of continuous gas pay in high-quality Oligocene sands.
The Mamba South 1 discovery well is located in water depths of 1585 meters approximately 40 km off Cabo Delgado coast, in the Northern offshore of Mozambique. This is the first exploration well in Area 4. Results exceed pre-drill expectations and confirm the Rovuma Basin as a world-class natural gas province.
The well will be drilled to reach an expected total depth of around 5000 meters. After completion of drilling and testing activities, the rig will move to drill the second commitment well, Mamba North 1.
ni’s E&P head Claudio Descalzi said a further four wells in the area will be drilled in the next 12 to 18 months. The project is expected to add 2 billion barrels of oil equivalent to reserves and boost production by around 300,000 barrels of oil equivalent per day.
The outstanding volume of natural gas discovered will lead to a large scale gas development with a combination of both export to regional and international markets through LNG and supply to the domestic market. This will support the industrial and economic growth of the country.
Eni is one of the largest operators in Africa where it produces some 1 million of the firm’s 1.8 million boepd. It expects production on the continent to grow by 2 percent per year to 2014.