Angola’s Block 15 Produced 2b Barrels of Oil

Angola’s Block 15 Produced 2b Barrels of Oil

Angolan state oil company, Sonangol, declared that the accumulated output from Block 15 offshore oil concession has reached 2b barrels since production started in 2003. The deepwater block’s production is currently at about 320,000b/d of oil, Macauhub reported.

Located about 145km west of Zaire province, Block 15 encompasses an area of 4,144km², and is operated by Esso Angola, a subsidiary of ExxonMobil, according to Agence Ecofin. The company owns a 40% stake in the development alongside ENI Angola with 20%, BP Exploration with 26.67% and Statoil Angola with 13.33%.

Block 15 was allocated to ExxonMobil in 1994, with first production commencing in 2003 from Xicomba Field. The block’s production currently comes from four Floating Production Storage and Offloading vessels (FPSO) Kizomba A, Kizomba B, Mondo, and Saxi Batuque, in addition to three satellites which are producing through tie-back to the Kizomba A FPSO and Kizomba B FPSO.

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