Angola’s Block 2/05 Boosted as ANPG and Etu Energias Confirm Successful Espadarte 7ST2 Well Completion and Strong Oil Output
The National Agency for Petroleum, Gas and Biofuels (ANPG), in partnership with Etu Energias and other stakeholders of Block 2/05, has announced the safe and successful completion of drilling, completion, and testing operations of the Espadarte 7ST2 (ESP 7ST2) well, located in the Lower Congo Basin, Angola.
According to a statement from Etu Energias accessed by ANGOP, the achievement marks an important milestone in the maturity and full development of the asset.
The extended-reach well identified eight productive intervals, with a total net thickness of 175 feet MD, confirming the presence of high-quality reservoirs. The reservoir characteristics include favorable porosity averaging 18%, with certain zones reaching up to 25%, as well as strong permeability indicators.
Initial production tests stabilized output between 2,000 and 2,500 barrels of oil per day, with no water production recorded.
This result reinforces the well’s commercial viability and supports further optimization of production within the block.
The Chairman of the Board of Directors of Etu Energias, Edson dos Santos, described the successful completion of ESP 7ST2 as a strategic milestone for both the company and Block 2/05, noting that it represents the final development area of the block now entering production.
He added that, as operator, Etu Energias plans to drill one additional appraisal well before finalizing the development plan for the Grande Espadarte project.
The redevelopment of Block 2/05 has already generated more than 300 jobs and contributed to a production increase of over 20% over the past two years.
Etu Energias is the largest privately owned Angolan company in the oil and gas sector, fully controlled by national capital.
It manages a diversified portfolio of both operated and non-operated assets across onshore and offshore blocks in Angola.
The company operates multiple onshore blocks, including FS, FST, CON-1, CON-2, CON-4, CON-6, and CON-8, as well as offshore Block 2/05.
It also holds non-operated interests in several offshore blocks, including 3/05, 3/05-A, 4/05, 14, 14K, 14/23, 17/06, and 32.
