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Sunday, October 19, 2008

BP finds oil in Block 31 offshore Angola

Author: Uchenna Izundu

BP Exploration (Angola) Ltd.. have been found along with oil exploration wells Dionenya, which dibor in ultradeep Waters Block 31 off Angola.

Dione wells, which tested more than 5,000 b / d of oil production based on conditions, is located in the south and a block to the discovery of sixteen for BP in offshore Angola. The well is located 9 km in the southwest of Juno-1 discovery, which tested the engine oil in the rate of 2,676 b / d is limited in 2005.

Dione reached 3,272 m TD and dibor in 1696 m from the waters approximately 390 km northwest Luanda.

Block 31 covers 5,349 sq km and is located at 1500-2500 m of water.

Sonangol is the concessionaire of Block 31 with a 20% share. BP operates bloc with 26.67% shares. Other partners are Esso Exploration and Production Angola (Block 31) Ltd.. 25%, Statoil Angola AS 13:33%, Marathon International Petroleum Angola Block 31 Ltd.. 10%, and Total SA unit TEPA (Block 31) Ltd.. 5%.

Source: www.ogj.com

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