Angola’s privately-owned oil company Etu Energias and its partners — Poliedro, Kotoil, Falcon Oil, and Prodoi — have completed drilling, completion, and testing operations at the Espadarte 7ST2 (ESP 7ST2) appraisal well in Block 2/05, located in the Lower Congo Basin offshore Angola, in a milestone that brings the block’s final development area into production for the first time.
The extended-reach deviated well, drilled to a maximum inclination of approximately 75 degrees, identified eight productive intervals with a combined net thickness of 175 feet measured depth. Reservoir quality proved exceptional: porosity averaged 18%, with certain zones reaching up to 25%, and strong permeability indicators were confirmed throughout. Initial production tests stabilised output at between 2,000 and 2,500 barrels per day with no associated water production — a clean and commercially viable result that reinforces the Greater Espadarte area’s development potential.
“The success of the ESP 7ST2 well is a milestone for the country and strategic for the company as well as for Block 2/05, particularly as it is the last development area of the block that is now entering production,” said Edson R. dos Santos, Chairman of the Board of Directors of Etu Energias. As the operator, Etu Energias now plans to drill one additional appraisal well before finalising the development plan for the Greater Espadarte project.
A Block with Deep Reserves and a Strong Track Record
Block 2/05 is one of Angola’s more richly endowed mature assets, containing more than 200 million barrels in reserves and a production potential exceeding 40,000 barrels per day. The block features 18 oil fields — 17 of which have already been developed — making the Espadarte area the concluding piece of a comprehensive redevelopment programme.
Redevelopment activities across Block 2/05 over the past two years have delivered a production increase of more than 20% and generated over 300 jobs — a tangible demonstration of the block’s contribution to both Angola’s upstream production targets and its domestic employment objectives. The National Agency for Petroleum, Gas and Biofuels (ANPG) confirmed the achievement as an important milestone in the asset’s maturity and full development.
Etu Energias is the largest privately-owned Angolan oil and gas company with full national capital control. It manages a diversified portfolio of operated and non-operated assets across onshore and offshore blocks in Angola, including interests in multiple blocks alongside international majors.
Source: worldoil.com | prospect-intel.com | angolanminingoilandgas.com