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BP Makes Fifth Oil Discovery In The Ultra-Deep Water Block 31 Angola
Posted: 23 February 2005
Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP announced the ‘Palas-1’ oil discovery in deepwater Block 31, offshore Angola . Palas-1 is the fifth successful discovery BP has drilled in Block 31, following Plutão, Saturno, Marte and Venus. It is located 62 kilometres to the southeast of the Plutão discovery,and in a potentially new development area in the southeast of the block.
Palas-1 was drilled by the semi-submersible drilling rig, the Leiv Eiriksson, in 1,602 metres water depth some 325 kilometres north west of Luanda , Angola and reached a total depth of 3,745 metres below sea level. The well was tested at a maximum rate of 5,330 barrels of oil a day (b/d) through a 40/64ths inch choke. Further work will be needed to evaluate the full extent of the Palas discovery.
Sonangol is the concessionaire of Block 31. BP as operator holds 26.67 per cent. Partners in Block 31 are Esso Exploration and Production Angola (Block 31) Limited. (25 per cent), Sonangol E.P. (20 per cent), Statoil Angola A.S. (13.33 per cent), Marathon Petroleum Angola, Limited (10 per cent) and TEPA (BLOCK 31) Limited, (a subsidiary of the Total Group) with 5 per cent.
Posted by Editor Pipeline Magazine
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