Eni announces Mozambique gas discovery

Italy’s Eni has announced a giant new natural gas discovery offshore Mozambique.

The discovery was made in the eastern part of Area 4 at the Mamba North East 2 exploration prospect, the fifth exploration well successfully drilled in the area.

Mamba North East 2, where Eni will now conduct a production test, was drilled in 1,994 metres of water, reaching a total depth of 5,365 metres. The well is located approximately nine kilometres east of Mamba North East 1 and approximately 23 kilometres from Mamba South 1, 60 kilometres off the Capo Delgado coast.

The new discovery adds at least 10 trillion cubic feet (tcf) of gas in place to Area 4, confirming at least 62 tcf of gas in place already discovered. The resources exclusively located in Area 4 are at least 20 tcf plus of gas in place.

Eni said the result further increases the total potential of the discoveries of Area 4, which is now estimated at 70 tcf of gas in place.

Eni is the operator of Area 4 with a 70 per cent participating interest. The other partners of the joint venture are GalpEnergia with 10 per cent; KOGAS, also with 10 per cent; and ENH, which holds 10 per cent carried through the exploration phase.