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TotalEnergies Confirms Moho G Oil Find Offshore Congo

Proximity to the Alima/Likouf platforms enables a lower-cost tie-back path.

Overview

  • TotalEnergies EP Congo, which disclosed the Moho G find Monday, said the MHNM-6 well hit about 160 meters of hydrocarbons in good-quality Albian rock.
  • The company says Moho G plus the nearby Moho F discovery could hold close to 100 million barrels of recoverable resources.
  • The operator plans a tie-back to existing Moho facilities to speed first output and cut spending after running an extensive data and sampling program to map the subsurface.
  • The Moho hub already runs the Alima and Likouf floating production units that produce about 90,000 barrels of oil equivalent per day on a gross basis.
  • TotalEnergies operates the license with a 63.5% stake, alongside Trident Energy at 21.5% and Congo’s state oil company SNPC at 15%.