Eni announces a new giant natural gas discovery in the eastern part of Area 4, offshore Mozambique, at the Mamba North East 2 exploration prospect. This is the fifth exploration well successfully drilled in the area. The new discovery adds at least 10tcf of gas in place to Area 4, confirming at least 62tcf of gas in place already discovered. The resources exclusively located in Area 4 are at least 20tcf plus of gas in place.
This result further increases the total potential of the discoveries of Area 4, which is now estimated at 70tcf of gas in place.
Mamba North East 2, where Eni will conduct a production test, was drilled in 1,994m of water and reached total depth of 5,365m. The well is located approximately 9 kilometers east of Mamba North East 1 and approximately 23km from Mamba South 1, 60km off the Capo Delgado coast.
The well-encountered 200m of gas pay in stacked multiple high-quality Oligocene, Eocene and Paleocene sands. The discovery has proved the existence of hydraulic communication with the Oligocene reservoir in Mamba North East 1 and with those of the Eocene age in Mamba North East 1 and Mamba South 1, through a unique gas column of 460m. Lastly, Mamba North East 2 has identified a new exploration play in the Paleocene located exclusively in Area 4.
Eni is the operator of Area 4 with a 70% participating interest.