Eni has successfully completed appraisal and testing of the Cabaca South East oil discovery in block 15 / 06 off the coast of Angola.
The appraisal well increased the initial estimate of oil from the discovery by at least 30%, confirming the opportunity for a second production hub in the North East area, which will double the production of block 15 / 06.
During production tests the Cabaca South East-2 well flowed high quality 34° API oil at rates of 7,000 barrels a day.
The well is located in a water depth of 470m, at a distance of 100km from the coast.
Eni is the operator in block 15 / 06 with a 35% working interest, while Sonangol E&P is the concessionaire.
The other partners in the joint venture include Sonangol Pesquisa e Producao with a 15% interest, SSI Fifteen with a 20% interest, Total with a 15% interest and Falcon Oil Holding Angola, Petrobras International Braspetro and Statoil Angola Block 15 / 06 Award AS, which all have a 5% interest in the block.
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