Mozambique’s National Petroleum Institute (INP) announced that Sasol Mozambique (SMPT5-C) has made a discovery of natural gas, in sandstone rocks of Lower Grudja Formation age, following the drilling of the Bonito-1 exploration well.
The well is located in Area PT5-C, in the southern part of Inhassoro District, Inhambane Province, Mozambique Basin, whose limits cover an area of about 3142 sq km, between the Pande and Temane fields.
The well was drilled between March 25 and April 5 and reached a depth of 1,934 meters MD, in Lower Cretaceous sediments (Horizonte G-12), and the discovery was confirmed through drill mud log readings, chromatographic data, electrical diagraphy and modular dynamic testing (MDT).
The Bonito-1 well is the second to be drilled in the PT5-C area, as the first was negative, and falls within the scope of the contractual obligations set out in the first exploration sub-period, of the Concession Agreement for Exploration and Production for the PT5-C Onshore Area, which was signed in October 2018, under the 5th Licensing Round. SMPT5-C will proceed with assessment work on the deposit and its commercial viability.
Area PT5-C concession holders are Sasol Mozambique PT5-C LTD, which holds a 70% participating interest, and Empresa Nacional de Hidrocarbonetos, E.P (ENH), with 30%.
