BP and Sonangol find oil in deepwater Dione block offshore Angola
Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the Dione oil discovery in ultra-deepwater Block 31, offshore Angola. This is the sixteenth discovery made by BP in Block 31 and is located in the southern portion of the block, about 9 kilometres to the south-west of the Juno-1 discovery.Dione was drilled in a water depth of 1696 metres, some 390 kilometres northwest of Luanda and reached a total depth of 3272 metres below sea level.
The well test results confirmed the capacity of the reservoir to flow in excess of 5,000 barrels a day under production conditions.
Sonangol is the concessionaire of Block 31 and owns 20 per cent equity. BP Exploration (Angola) Limited as operator holds 26.67 per cent. The other interest owners in Block 31 are Esso Exploration and Production Angola (Block 31) Limited (25 per cent); Statoil Angola A.S. a subsidiary of StatoilHydro ASA (13.33 per cent); Marathon International Petroleum Angola Block 31 Limited (10 per cent); and TEPA (BLOCK 31) Limited, a subsidiary of the Total Group (5 per cent).
