Cameroon: Oil Discovery in the Dissoni Block

abarrelfullabarrelfull wrote on 03 Aug 2015 12:24

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June 1, 2006

Total announces an oil discovery from the first exploration well drilled in the Dissoni Block in the offshore Rio del Rey basin in Cameroon. The government of Cameroon awarded the block to Total E& P Cameroun, the operator, and Pecten Cameroon Company in April 2005.

The well encountered around 50 metres of oil pay in massive oil bearing sandstone. The promising find demonstrates Dissoni’s potential and should enable a new development plan to be deployed after studies and possible further appraisal.

Less than 18 months after the Bakingili discovery well in October 2004, the latest discovery validates Total’s strategy of capitalizing on its operated acreage in Cameroon, as well as its commitment, alongside its partners and the authorities, to offsetting the natural decline in production from mature fields.

Total has been active in Cameroon for more than 50 years and today operates production of just over 60,000 barrels per day, or around two-thirds of the country’s output, on behalf of its joint venture with Société Nationale des Hydrocarbures and Pecten Cameroon Company.

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