Congo Brazzaville Oil and Gas Report - Business Monitor International - Industry Reports

Congo Brazzaville Oil and Gas Report

Congo Brazzaville Oil and Gas Report - Business Monitor International - Industry Reports
Congo Brazzaville Oil and Gas Report
Published Aug 20, 2016
77 pages — Published Aug 20, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Eni on Marine XII Block: Following the earlier Litchjendilj field discovery, Eni announced early ---- an important new discovery in the Marine XII Block pre-salt play. The discovery, just -- kilometres off the Congolese coast, is in less than -- metres of water depth and encounters significant wet gas and light oil. ...In November ----, Eni encountered a gas and condensate buildup in its Nkala Marine exploration prospect that could hold -------mn boe. In total, Eni estimates it has discovered about -.--bn bbl of oil equivalent resources in Marine XII Block, in which about -.-bn bbl are attributable to the Nene Marine field. Eni is continuing exploration and appraisal works on the Marine XII block. ...Based on preliminary data, the well encountered --m of gross interval of crude oil (--.-m net) and ---m of gross interval (--.-m net) of natural gas in the N- interval, in addition to --m of gross interval (-.-m net) of

...Congo-Brazzaville is among the top five oil producers in Sub-Saharan Africa, with oil reserves of some -.-bn barrels (bbl) of oil as of ----. A vast majority of proven oil reserves, exploration and production are conducted offshore. ...These discoveries have seen us revise our ----/---- reserves forecasts as companies appraise fields and book reserves. Nevertheless, given the ramp-up in production over the forecast period and the depletion of the country s major producing fields, the recent discoveries remain insufficient to offset produced reserves. We expect oil reserves will fall from some -.-bn bbl of oil as of ---- to under -.-bn bbl by the end of our forecast period in ----. We note significant upside risk should current exploration activities yield significant discoveries. Gas reserves on the other hand will remain relatively stable at around -----bcm, given the small amount of produced reserves.

...Originally planned for ----, the Congolese government has now opened up applications for its ---- licensing round, comprising -- blocks both offshore and onshore. The closing date for submission offers is the September --. ...

  
Source:
Document ID
1758-4744
Country
Industry
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MLA:
Business Monitor International - Industry Reports. "Congo Brazzaville Oil and Gas Report" Aug 20, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Congo-Brazzaville-Oil-and-Gas-Report-2026-599>
  
APA:
Business Monitor International - Industry Reports. (2016). Congo Brazzaville Oil and Gas Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Congo-Brazzaville-Oil-and-Gas-Report-2026-599>
  
US$ 1,295.00
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