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XOM Succeeds with a Near Field Exploration Well offshore Angola

XOM Succeeds with a Near Field Exploration Well offshore Angola

 

Angola’s Upstream hydrocarbon regulator ANPG has announced the successful drilling of an exploration well, Likembe-01, located in the Kizomba B development area, in Block 15, operated by ExxonMobil, in partnership with Azule Energy, Equinor and Sonangol.

“Drilled between the months of February and April, 2024, the well is located at a water depth of 1,200 metres, having crossed reservoirs of Miocene age and reaching a final depth of 3,013 metres, within the perimeter of the Kizomba B development area, in accordance with presidential decree 5/18 of 18 May, which allows additional exploration activity within development areas”, ANPG says in a release

The regulator notes that in the wireline logs and other interpretive tools recovered from the drilling, “it was possible to identify the existence of high-quality sand packages impregnated with hydrocarbons”.

ANPG explains that “Likembe-01, is the first well drilled within the scope of the preliminary agreements of the Incremental Production project, which is being approved by the Executive, aiming to provide incentives to investors to produce additional volumes in concessions currently in production, such as fundamental strategy for the sustainable development of the Angolan oil sector”.

The Angolan Ministry of Mineral Resources, Oil and Gas (MIREMPET) and the ANPG, have  “been working towards obtaining approval by the Executive of the Incremental Production project in line with development objectives sustainability and improvement of operational efficiency, in the Petroleum Sector, intended by ANPG”.

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Published: 15-05-2024

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