Block 15/06, $Deepwater Congo Fan, WD 1,076m, TD 4,050m, light oil discovery, 65m gross, 45m net pay of 35 API oil in Oligocene sst, up to 250 MMbbl OIP with further upside, Poseidon DS. Estimated production capacity >10,000 b/d. Of note, Ndungu is the 1st significant oil discovery inside an already-existing devt area, promoted last year using a favourable legal framework on additional exploration activities within existing devt areas. Eni (op), partners Sonangol P&P + SSI Fifteen Limited.
NâDungu 1 (Eni 36,84% op. Sonangol 36,84%, SSI Fefteen 26,32%) in Block 15/06, light oil discovery, 65m gross, 45m net pay of 35Â° API oil in Oligocene sst. with excellent petrophysical properties, up to 250 MMbbl OIP with further upside. Estimated production capacity >10 000 bo/d. Of note, Ndungu is the 1st significant oil discovery inside an already-existing devt area, promoted last year using a favourable legal framework on additional exploration activities within existing devt areas. WD=1076m, TD=4050m.