Will Ivory Coast’s new oil well increase its proven reserves?
He said the development would "greatly increase Ivory Coast’s proven reserves in the coming years". The 3,445-metre-deep well was drilled about 60 kilometres (40 miles) off the coast in 30 days, Eni said.
How many oilfields are there in Ivory Coast?
Ivory Coast to date has 51 identified oilfields with four in production, 26 in exploration and the remaining 21 still up for grabs. In 2014, Total said exploration had shown "very promising" prospects. Aside from Total and Eni, Britain’s Tullow Oil has also announced significant discoveries of Ivorian offshore oil reserves in recent years. (AFP)
How much oil & gas is in Ivory Coast?
Energy minister Thomas Camara said the find was estimated at between 1.5 and 2 billion barrels of oil and around 1.8-2.4 trillion cubic feet (51 million cubic metres) of gas. He said the development would "greatly increase Ivory Coast’s proven reserves in the coming years".
Is Tullow Oil a major oil discovery in Ivory Coast?
Aside from Total and Eni, Britain’s Tullow Oil has also announced significant discoveries of Ivorian offshore oil reserves in recent years. (AFP) Ivory Coast on Wednesday reported a "major discovery" of oil and natural gas offshore after deepwater exploration by Italian firm Eni.