Project Profile
Location: Block I offshore Equatorial Guinea
Water Depth: 660 m / 2,178 ft
Discovery Year: 2010
The Diega oil field is located in Block I offshore Equatorial Guinea, in 2,165 feet (660 meters) of water. Serving as operator of the block is Noble Energy, holding a 40% interest; Atlas Petroleum holds 29%; Glencore Exploration holds 25%; PA Resources holds 6%; and GEPetrol holds 5%.
Discovered in the second quarter of 2010, the Diega well encountered about 38 feet (12 meters) of net gas-condensate pay in the primary zone, as well as an additional 30 feet (9 meters) of net gas-condensate pay underlain by 37 feet (11 meters) of net oil pay in a previously untested feature. A production test was performed, and the well flowed at a rate of 2,700 bopd of oil and 2.7 MMcf/d of natural gas.
The Kingtree prospect is located in the offshore permit AC/P 24 in the Vulcan sub-basin of the Timor Sea in 361 feet (110 meters) of water. PTTEP operates the permit with a 90% interest while Bengal Energy holds the remaining 10% interest.
The Ministry of Mines, Industry and Energy of Equatorial Guinea is unwilling to approve Noble Energy’s Carla and Diega developments in Blocks O and I due to project delays. (2015)
Operators:
Noble Energy: Operator with 40% interest
Atlas Petroleum: 29% interest
Glencore Exploration: 25% interest
PA Resources: 6% interest
GEPetrol: 5% interest