TotalEnergies EP Congo (63.5 per cent, operator) announces a hydrocarbon discovery on the Moho license, offshore 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 meters 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, said 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 per cent participation, alongside Trident Energy (21.5 per cent) and the Société Nationale des Pétroles du Congo (SNPC, 15 per cent). 

Existing production facilities include two Floating Production Units (FPU), Alima and Likouf, combining for a current output of around 90 kboe/d (100 per cent). -OGN/TradeArabia News Service