Total makes two more discoveries, supporting another development hub at Moho-Bilondo offshore Congo

French major Total has made two hydrocarbon discoveries at its Moho-Bilondo license offshore the Republic of Congo. 
Located in waters measuring about 800 meters deep, exploration well Bilondo Marine 2 (BILDM-2) transected 77 meters of gross reservoir pay, and Bilondo Marine 3 (BILDM-3) encountered 44 meters of pay. Drilled to a total depth of approximately 1,800 meters, the wells flowed from the Tertiary formation, and neither encountered water. 
Situated about 70 kilometers offshore the Republic of Congo, the new discoveries follow the 2007 successes at Moho Nord Marine 1 and 2, which supported the 2008 start-up of the first development on the Moho-Bilondo license and the first ultra-deepwater field to be developed in the Republic of the Congo. 
Moho Nord Marine is currently producing at a rate of 90,000 barrels of oil a day from 13 subsea wells tied to a floating production unit (FPU) situated on the southern portion of the block. Produced oil is then exported to the Djeno terminal onshore. 
According to Total’s statement, the new Bilondo Marine discoveries support an additional development hub as an expansion of the 2008 development. 
Total serves as the operator of the Moho Bilondo block with 53.5 percent interest. Project partners include Chevron (NYSE:CVX) with 31.5 percent interest and Societe Nationale des Petroles du Congo with 15 percent interest.
Source: Press release