BP Amoco Third Operated Oil Discovery In Angola

abarrelfullabarrelfull wrote on 09 Aug 2012 09:00

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22 May 2000

BP Amoco announced today the 'Galio' oil discovery offshore Angola. This is the third exploration well BP Amoco has drilled in Block 18 and the third successive discovery.

The well was tested at 4,770 barrels a day (b/d) of 34 degrees API oil. Although further work will be needed to evaluate the full extent of Galio, the preliminary results indicate the possibility of a significant oil accumulation.

Block 18 and its operatorship was awarded in 1996 by Sonangol (Angola's State Oil Company) to Amoco Angola B.V. (a wholly-owned subsidiary of BP Amoco) with 50 per cent equity and to Shell Development Angola BV with 50 per cent equity.

Galio 1 was drilled in 1,238 metres water depth some 185 kilometres off the coast. The two earlier discoveries on the block, ‘Platina' and ‘Plutonio', were drilled in 1999. Platina was drilled in 1,400 metres water depth and tested oil at 6,500 b/d in May. Plutonio was drilled in 1,362 metres water depth and tested oil at 5,700 b/d in July.

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