Extensive sampling campaign supports offshore discovery

Successful well drilling

REPUBLIC OF CONGO: TotalEnergies EP Congo (63.5%, operator) has confirmed that the drilling drilling of the MHNM-6 NFW exploration well has resulted in a a hydrocarbon discovery on the Moho license.

The well encountered a hydrocarbon column of approximately 160 metres in good-quality Albian reservoirs, and an extensive data acquisition and sampling campaign was carried out to support the subsurface interpretation and future development.

The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated at close to 100 million barrels, which are planned to be developed as a tie-back to the existing Moho facilities.

This new discovery on the Moho license benefits from its proximity to existing production infrastructure, allowing a short cycle, cost effective tie-back development, said Nicola Mavilla, Senior Vice-President Exploration at TotalEnergies. By leveraging our technical expertise and existing infrastructure, we are creating the conditions for future value-accretive production for the Company.

TotalEnergies EP Congo is the operator of Moho license with a 63.5% participation, alongside Trident Energy (21.5%) and the Société Nationale des Pétroles du Congo (SNPC, 15%). Existing production facilities include two Floating Production Units (FPU), Alima and Likouf, combining for a current output of around 90 kboe/d (100%).