Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the ‘Tebe’ oil discovery in ultra-deepwater Block 31, offshore Angola.

This is the nineteenth discovery made by BP in Block 31 and is located
in the southern portion of Block 31 some 350 kilometres northwest of
Luanda and about 12 kilometres to the south east of the Hebe discovery.

Tebe was drilled in a water depth of 1752 metres and reached a total
depth of 3325 metres below sea level. The 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 per cent. The other interest owners in
Block 31 are Esso Exploration and Production Angola (Block 31) Limited
(25 per cent), Sonangol P&P (20 per cent), Statoil Angola A.S. (a
subsidiary of StatoilHydro ASA) (13.33 per cent), Marathon
International Petroleum Angola Block 31 Limited (10 per cent) and TEPA
(BLOCK 31) Limited, (a subsidiary of the Total Group) (5 per cent).

Source: BP

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