Another exploration success for Eni in West Africa as ‘major’ discovery comes to light

Italy’s oil and gas giant Eni has actually made a brand-new considerable hydrocarbon discovery in block CI-205 off the coast of Côte d’Ivoire, West Africa. The oil significant claims that this discovery stands as the 2nd biggest one in the nation.

The discovery, called Calaowas divulged by Alassane OuattaraPresident of Côte d’Ivoire, and Claudio DescalziCEO of Eni, as a “significant” one in Côte d’Ivoire, 2nd just to the Baleine discovery, which was made by the Italian gamer in September 2021.

Throughout the conference, Ouattara and Descalzi spoke about Eni’s activities in the nation, consisting of the outcomes of the Murene 1X expedition well on Calao, which was considered to be a considerable hydrocarbon discovery. This conference was likewise participated in by Robert Beugré MambéPrime Minister, and Mamadou Sangafowa-CoulibalyMinister of Mines, Petroleum, and Energy.

The drilling operations, brought out by the Saipem-managed Deep Value Driller drillship, occurred around 45 kilometers off the coast in block CI-205, which is run by Eni in collaboration with Petroci Holding. Thanks to a drilling project with the Italian company, the drillship protected an offer for 11 company wells with six-well alternatives. The rig gotten here in Côte d’Ivoire in mid-October 2023 and started operations on November 1, 2023.

The Murene 1X well, which reached a depth of 5,000 meters in water depths of around 2,200 meters, came across light oil, gas, and condensates in numerous periods of the Cenomanian age defined by excellent to exceptional permeability worths. According to Eni, the initial evaluations suggest possible resources varying in between 1 and 1.5 billion barrels of oil equivalent.

The appraisal and advancement prepare for the discovery were likewise talked about, consisting of the Italian gamer’s dedication to fulfill the nation’s domestic requirements. Eni has actually remained in Côte d’Ivoire because 2015 and likewise holds taking part interests in 5 other blocks in Ivorian deep waters: CI-101, CI-401, CI-501, CI-801, and CI-802, all in collaboration with Petroci Holding.

Presently, the business’s equity production of hydrocarbons overalls around 22,000 barrels of oil comparable each day from the Baleine field, which started production in August 2023, less than 2 years after the discovery in September 2021 and less than a year and a half after the last financial investment choice (FID) was made.

Eni is likewise dealing with theBaleine Phase 2 taskwhich is slated to begin by the end of 2024 to increase field production to 50,000 bbl/d of oil and about 70 mscf/d of associated gas. The 3rd advancement stage is likewise on the cards and intends to raise field production to 150,000 bbl/d of oil and 200 mscf/d of gas.