Sonangol confirms existence of Oil in the Cuanza onshore Basin

Sonangol confirms existence of Oil in the Cuanza onshore Basin

Sonangol confirmed, on Thursday, the existence of oil in almost the entire thickness of the Cuanza Onshore Basin, after drilling “considered very positive”.

In a press release that was released today, the state oil company states that the discovery significantly increases the remaining potential of the Tobias field.

“The production capacity of the well will be verified after tests are carried out to be carried out soon”, the note adds. 

According to the document, the successful drilling of the well, named Tobias 14, associated with the also successful operation in the Tobias 13 well, catapults Sonangol, as operator, and its partners, Apex, Brite’s Oil, Grupo Simples, and Omega, for the reactivation of production in the Cuanza onshore basin, scheduled for the end of the current year.

The aforementioned Basin, the statement reads, has been inactive since the 1990s, with the Exploration and Production Unit and its partners from the KON-11 Land Block being the authors of the return of oil activity in that region.

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