[2019-01-25] ENI Group starts oil extraction in new well in Angola

Source: Macauhub

Italian group ENI has started oil production at a well in the Vandumbu field, located 350 kilometres northwest of Luanda and 130 kilometres west of Soyo on the western platform of the 15/06 block in the Angolan sea, the group announced in Milan.

Production at the VAN-102 well began with the FPSO N’Goma and reached around 13,000 barrels, the group said.

The statement added that VAN-102 is an additional step in the development of the Vandumbu field, launched on 29 November, 2018, three months before the original planned date, which will be completed in the first quarter of 2019 with the launch of the water injection well.

Together with the start of production of another well in the Mpungi field, VAN-102 will increase production of Block 15/06 to a total of around 170,000 barrels of oil per day, according to the statement.

Block 15/06 is being developed by a partnership made up of ENI (36.84%, operator), Sonangol P&P (36.84%) and SSI Fifteen Limited (26.32%).

The ENI group has been present in Angola since 1980 and its current production is estimated at 150,000 barrels.