BAKU, Azerbaijan, April 14. TotalEnergies SE
has announced a new hydrocarbon discovery on the Moho license
offshore the Republic of Congo following the successful drilling of
the MHNM-6 exploration well targeting the Moho G structure,
Trend reports
via the company.
The operator, TotalEnergies EP Congo (63.5%), said the well
encountered a hydrocarbon column of around 160 meters within
high-quality Albian reservoirs. An extensive data acquisition and
sampling campaign was also conducted to support further subsurface
evaluation and future development planning.
The Moho G find, combined with a previous discovery at the
nearby Moho F structure, is estimated to contain close to 100
million barrels of recoverable resources. The volumes are expected
to be developed through tie-back connections to existing Moho
production facilities.
According to the company, the proximity of the discovery to
existing infrastructure will enable a short-cycle and
cost-efficient development strategy, reducing the time required to
bring production online.
“By leveraging our technical expertise and existing
infrastructure, we are creating the conditions for future
value-accretive production,” said Nicola Mavilla, Senior
Vice-President Exploration at TotalEnergies.
TotalEnergies EP Congo operates the Moho license with a 63.5%
stake, alongside Trident Energy (21.5%) and the National Petroleum
Company of Congo (SNPC) (15%).
Current production from the Moho development is supported by two
floating production units — Alima and Likouf — with combined output
of around 90,000 barrels of oil equivalent per day.
