Terminal News

TotalEnergies Makes Hydrocarbon Discovery on Moho License

Written by...

Picture of Anamika Talwaria

Anamika Talwaria

Editor for Tank Storage Magazine & Chair of Women in Tanks

TotalEnergies EP Congo (63.5%, operator) has made 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 metres 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,’ says 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.’

TotalEnergies EP Congo is the operator of Moho license with a 63.5% participation, alongside Trident Energy (21.5%) and the Société Nationale des Pétroles du Congo (SNPC, 15%). Existing production facilities include two Floating Production Units (FPU), Alima and Likouf, combining for a current output of around 90 kboe/d (100%).

Share this article:

Latest terminal news

Terminal News

Chane partners with UK Peel Ports

The UK’s second largest port operator, Peel Ports Group, has joined forces with liquid bulk storage operator, Chane, whose main UK terminal is located at the port group’s Port of

Read More