Moscow, April 13 - Neftegaz.RU. TotalEnergies EP Congo (63.5%, operator) announces a hydrocarbon discovery on the Moho license, offshore the Republic of Congo, following the drilling of the MHNM-6 NFW exploration well targeting the Moho G structure.
The well encountered a hydrocarbon column of approximately 160 meters in good-quality Albian reservoirs, and an extensive data acquisition and sampling campaign was carried out to support the subsurface interpretation and future development.
The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated at close to 100 million barrels, which are planned to be developed as a tie-back to the existing Moho facilities.
This new discovery on the Moho license benefits from its proximity to existing production infrastructure, allowing a short cycle, cost effective tie-back development, said Nicola Mavilla, Senior Vice-President Exploration at TotalEnergies. By leveraging our technical expertise and existing infrastructure, we are creating the conditions for future value-accretive production for the Company.
