Eni discovers gas and condensates onshore Niger Delta

ANKARA

Eni, through its affiliate Nigerian Agip Oil Company (NAOC), has made a significant gas and condensate find in the deeper sequences of the Obiafu-Obrikom fields, onshore Niger Delta, Eni announced in a statement on Tuesday.

According to the statement, the find is about 1 trillion cubic feet of gas and 60 million barrels of associated condensate in the deep-drilled sequences.

Eni stated the well could deliver in excess of 100 million standard cubic feet per day of gas and 3,000 barrels per day of associated condensates.

"The Obiafu-41 Deep well has reached a total depth of 4,374 meters encountering an important gas and condensate accumulation within the deltaic sequence of Oligocene age comprising more than 130 meters of high quality hydrocarbon-bearing sands," the statement read.

The discovery is part of a drilling campaign planned by NAOC JV, which is aimed at exploring "near-field and deep-pool opportunities as immediate time to market opportunities."

Eni has been present in Nigeria since 1962, and the company through its affiliate NAOC holds a 20% stake in the asset as operator, while state-owned Nigerian National Petroleum Corporation (NNPC) holds the majority 60% interest, and African energy company Oando holds a 20% share.

ANKARA

According to the statement, the find is about 1 trillion cubic feet of gas and 60 million barrels of associated condensate in the deep-drilled sequences.

Eni stated the well could deliver in excess of 100 million standard cubic feet per day of gas and 3,000 barrels per day of associated condensates.

The discovery is part of a drilling campaign planned by NAOC JV, which is aimed at exploring "near-field and deep-pool opportunities as immediate time to market opportunities."