Ndungu oil area in Angola set for upgrade

The Ndungu oil subject in Angola is ready for a significant improve. Eni, the project developers made the announcement and mentioned the upgrade will be accomplished following significant increase of useful resource base, due to a phased approach to untap the general potential in an optimal way from a monetary perspective, initially contributing to extend and increase the plateau of the Ngoma, a 100 kbopd zero-discharge and zero-process flaring FPSO.
Ndungu area, is positioned 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 nicely was drilled five kilometres away from Ndungu-1 and stroke 40 m of internet oil pay (35°API) in the Lower Oligocene reservoirs with good petrophysical properties confirming the hydraulic communication with the invention nicely.
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Preliminary data

The preliminary information collected on Ndungu-2 permits to boost to 800 – one thousand million barrels of oil equal in place the field assets from the initial estimates of 250-300 (post Ndungu-1), making Ndungu, along with Agogo, the biggest accumulation discovered in Block 15/06 for the rationale that block award.
The systematic and continuous Infrastructure-Led Exploration (ILX) effort carried out by Eni and its companions during the last three years, with the full help of ANPG and Angolan Authorities, leveraged leading edge know-how and allowed to unlock important additional potential in the advanced structural and stratigraphic traps inside Block 15/06.
This result also exhibits how Azule Energy, the recently announced unbiased three way partnership that mixes Eni and bp portfolios in the nation, can rely on a solid pipeline of latest initiatives beginning up over the subsequent few years, together with Agogo, Ndungu and PAJ oil tasks in Blocks 15/06 and 31 respectively, as well as the NGC fuel tasks.
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