Eni makes significant discovery off Angola

Eni has made an important oil discovery in deepwater Block 15/06 offshore Angola.

Drilled by Transocean semi M.G. Hulme Jr. in 4,265 feet (1,299 m) of water to a total depth of 10,967 feet (3,343 m), the Sangos 1 exploration well encountered an oil mineralization column 417 feet (127 m) high, within sands from the Miocenic Age with high permeability. According to Milan-based Eni, field dimensions and results are better than estimated. During production tests, the well produced excellent quality oil (over 30 API degrees) in greater quantities than expected. Sangos 1 is the first exploration well drilled in Block 15/06. Eni is operator with 35 percent working interest. Sonangol E&P is the licensee.
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