New oil find in Angola for StatoilHydro
StatoilHydro and its partner announced on March 4 a new oil discovery in block 31 off Angola. This is the seventeenth discovery made in block 31, which is operated by BP.
The discovery is located in the central northern portion of block 31, some 415 kilometres north-west of Luanda, and about 12 kilometres to the south-west of the Marte field.
The Leda discovery was drilled in a water depth of 2070 metres and reached a total well depth of 5907 metres below sea level. The exploration well was drilled through salt to access the oil bearing sandstone reservoir below. The well was tested at a rate of 5040 barrels of oil a day through a 36/64thns inch choke.
Angola is a key building block for StatoilHydro’s international production growth. StatoilHydro has been in the country for 17 years and are now partners in nine producing fields, which contribute more than 200,000 barrels of equity production per day to their portfolio. The company has delivered more than 30% annual production growth since 2001 and Angola is one of the main contributors to this great result.