This excerpt taken from the BP 6-K filed May 27, 2009.
OIL DISCOVERY IN ULTRA-DEEP
Sociedade Nacional de
Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today
announced the ‘Oberon’ oil discovery in ultra-deepwater Block 31, offshore
Angola. This is the
eighteenth discovery made by BP in Block 31 and is located in the southern portion of Block
31 about 335
kilometres northwest of Luanda and
4.3 kilometres to the
north-east of the Dione discovery.
Oberon-1 was drilled in a water depth of 1624 metres and reached a total depth of 3622 metres TVD below sea level. The well test results confirmed the capacity of the reservoir to flow in excess of 5000 b arrels/d ay 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
Angola Block 31 Limited (10 per
cent) and TEPA (BLOCK 31)
Limited, (a subsidiary of the Total Group) (5 per