Démarrage de Moho Bilondo au large de la République du Congo

28/04/2008

News

April 28, 2008: Total E&P Congo announces today that the deep offshore Moho-Bilondo field has been brought on stream in the Republic of the Congo, nearly a month ahead of schedule. Discovered in 1995, the field is located nearly 80 kilometres offshore in water depths ranging from 540 to 730 metres and contains estimated reserves of close to 230 million barrels of oil.

The first deep offshore development to be brought on stream in the Congo, the Bilondo and Mobim reservoirs will be produced using nine producing wells and five water injectors in two submarine clusters.

Plateau production is forecast at 90,000 barrels of oil per day. Insulated umbilicals and flowlines will bring the oil to the floating production unit (FPU), from which it will then be exported via a new 16-inch, 80-kilometre pipeline to the Total-operated Djeno onshore terminal.

The project leverages Total’s experience of drilling complex, extended-reach wells. One innovative feature is the use of bottomhole gas injection in a deep offshore project. Despite the complex development plan, the reservoir was brought on stream in a record 33 months after the signature of construction contracts.

In addition, the Moho Marine Nord 1 and 2 wells, drilled in 2007 in the northern part of the license, revealed significant additional resources of good quality oil. New development studies are being launched.

Total E&P Congo (53.5%) operates the license, alongside Chevron Overseas Congo Ltd. (31.5%) and Société Nationale des Pétroles du Congo (15%).

Total in the Congo

Present in the Republic of the Congo since 1968, Total has a solid position as the country’s leading oil producer, with operated production of 130,000 barrels per day of oil.

Total has the requisite technological know-how and capabilities to successfully implement complex large projects in extreme environments. In addition to potential Phase 2 development of the northern reservoirs in the Moho-Bilondo license, Total has made five discoveries in nearly 2000 metres of water in the Mer Très Profonde Sud license.

The bringing on stream of Moho-Bilondo is a further success for Total’s growth strategy in West Africa’s deep offshore, following the production startups of Dalia and Rosa in Angola in late 2006 and in 2007 respectively and the recent launch of both Pazflor, the third development pole in Angola’s Block 17, and Usan in Nigeria. Total’s West African production was close to 640,000 barrels of oil per day in 2007.

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