BP 6-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
for the period ended 15
October 15, 2008
BP MAKES SIXTEENTH OIL DISCOVERY
WATER BLOCK 31
Sociedade Nacional de Combustíveis de
(Sonangol) and BP Exploration (
) Limited today announced the Dione oil discovery in ultra-deepwater Block 31, offshore
This is the sixteenth discovery made by BP in Block 31 and is located in the southern portion of the block, about 9 kilometres to the south-west of the Juno-1 discovery.
Dione was drilled in a water depth of 1696 metres, some 39
kilometres northwest of
and reached a total depth of 32
metres below sea level.
The well test results confirmed the capacity of the reservoir to flow in excess of 5
000 barrels a d
ay under production conditions.
Sonangol is t
he concessionaire of Block 31
and owns 20 per cent equity
BP Exploration (
) 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
Statoil Angola A.S. a subsidiary of StatoilHydro ASA (13.33 per
Marathon International Petroleum Angola Block 31 Limited (10 per
and TEPA (BLOCK 31) L
, a subsidiary of the Total Group
Note to editors
BP's involvement with
goes back to the mid 1970s.
During the 1990s, BP made very substantial investments in
's offshore oil and it is now an important part of the
company's upstream portfolio.
BP has interests in four blocks with operated interests in two
has a 13.6 per cent interest in the Angola LNG project.
Operatorship of Block 31 was awarded to BP Exploration
) Limited in May 1999.
The Block covers an area of 5,349 square kilometres and lies in water depths of between 1,500 and 2,500 metres.
BP also has operated interests (BP 50
equity) in Block 18 where Greater Plutonio started production on 1st October 2007.
BP has non-operated interests in Block 15, operated by Esso Exploration Angola (Block 15) Limited (BP 26.67
equity) and in Block 17 operated by Total (BP 16.67
Robert Wine, BP Press Office,
: +44 (0) 20 7496 4076
Amilcar Costa, BP Angola, Luanda: +244 2 22637408
/s/ D. J. PEARL