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TOT TotalEnergies SE

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Share Name Share Symbol Market Type
TotalEnergies SE BIT:TOT Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

BP Announces Tebe Oil Discovery In Block 31, Offshore Angola

01/10/2009 10:35am

Dow Jones News


TotalEnergies (BIT:TOT)
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BP PLC (BP.LN) nd Sociedade Nacional de Combustíveis de Angola, or Sonangol, Thursday announced the 'Tebe' oil discovery in ultra-deepwater Block 31, offshore Angola.

MAIN FACTS:

-Tebe was drilled in a water depth of 1752 metres and reached a total depth of 3325 metres below sea level.

-Well results confirmed the capacity of the reservoir to flow in excess of 5,000 barrels a day under production conditions.

-Sonangol is the concessionaire of Block 31. BP Exploration (Angola) Limited as operator holds 26.67%.

-The other interest owners in Block 31 are Esso Exploration and Production Angola (Block 31) Ltd. (25%), Sonangol P&P (20%), Statoil Angola A.S. (a subsidiary of StatoilHydro ASA (STL.OS) (13.33%), Marathon International Petroleum Angola Block 31 Ltd. (10%) and TEPA (BLOCK 31) Ltd., (a subsidiary of the Total Group (TOT)) (5%).

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com 
 
 
 

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