April 17, 2024
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OIL & GAS

Italian Oil Major Makes Another Discovery in Côte d’Ivoire

After its discovery Baleine in the year 2021, which commenced production in August 2023. Italian oil major ENI has made yet another oil reservoir discover offshore Côte d’Ivoire. The discovery, named Calao, was penetrated by the Murene 1X well. The finding is estimated to hold between 1 and 1.5Billion barrels of oil equivalent.

According to a release by ENI, “Light oil, gas and condensates were encountered at different intervals in Cenomanian age reservoirs with permeability value of good to excellent, drilling operations took place approximately 45 kilometres off the coast in block CI-205, reaching a depth of 5,000 metres in water depths of around 2,200 metres”.

The discovery can hit the market within five years, if the company still employs its infrastructure led strategy. With Calao, ENI has made discoveries in the two blocks it acquired in Cote d’Ivoire in 2017. Baleine was discovered in Block CI-101.

The two deep offshore blocks, denominated CI-101 (Baleine) and CI-205 (Calao), are in the eastern part of the prolific Tano basin. Collectively, they cover a total area of about 2,850 square kilometers. Block CI-101 is at water depths of between 200 and 2,500 metres  and located 50kilometres  south of the capital Abidjan, while block CI-205 is at water depths of between 2,000 and 2,700 metres, and located 80 kilometres south-west from the city.

22nd Mar 2017 — Block CI-101 is at water depths of between 200 and 2,500 m and located 50 km south of the capital Abidjan, while block CI-205 is at water.

ENI has been actively present in Côte d’Ivoire since 2015 holding equity in various blocks including block CI-205, CI-101, CI-501, CI-801, and CI-802. It has been working in collaboration with National Oil Company, Petroci Holding.

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