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17th Oil Discovery by BP in Angola

Sonangol and BP announced the Leda oil discovery on Block 31 offshore Angola

17th Oil Discovery by BP in Angola

The 17th successful discovery on Block 31, Leda is situated in the central northern portion of the block, approximately 415 kilometers northwest of Luanda and 12 kilometers southwest of the Marte field.

Acquired in 1999, BP serves as operator of Block 31 with 26.7% interest. Project partners include ExxonMobil with 25%, Sonangol with 20%, StatoilHydro with 13.33%, Marathon with 10% and TEPA with 5%. Sonangol also serves as concessionaire of the block.

Project partners have standardized the Block 31 development concept in an effort to bring all of the fields into production more quickly.

Currently in the planning stage, the next project will incorporate the fields in the southeast area of Block 31, which include Palas, Ceres, Juno, Astraea and Hebe. Another group of fields are clustered in the northwest section of the block.

These fields include Urano, Titania, Terra, Portia, Miranda and Cordelia. The 16th discovery, Dione is located in the southern section of Block 31, and Leda is the 17th discovery on the block.

Source: Rigzone.com

Author: Ksenia Kochneva


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