Oil major Total (TOT) Wednesday announced positive results for the Moho Nord Marine-4 (MHNM-4) well, approximately 75 kilometres offshore of the Republic of Congo, in a water depth of 1,078 metres in the northern part of the Moho-Bilondo license. The discovery follows on from the Moho Nord Marine-1 and 2 finds in 2007 and the positive delineation well of Moho Nord Marine-3 (MHNM-3) in 2008. These discoveries reinforce Total's confidence in the emergence of a development pole in the northern part of the Moho-Bilondo license. The Phase 1 development of the southern part of Moho-Bilondo, where production began in April 2008, is currently continuing with drilling of further wells that will permit the plateau of 90 000 barrels of oil equivalent per day to be reached in 2010. The development is comprised of fourteen subsea wells tied back to a Floating Production Unit (FPU) with output exported to the onshore Djéno terminal. Total E&P Congo holds a 53.5% interest in the license, alongside Chevron Overseas Congo Ltd. (31.5%) and Société Nationale des Pétroles du Congo (15%).

Company Web site: www.total.com