Deepwater exploration in Angola: partners and plans
Drilling Activity Details
Drilling Activity Summary
Description
Angola's state-owned Sonangol, BP, and its partners will develop a series of deepwater oil discoveries in Block 31 offshore Angola. The first project will be the Plutao, Saturno, Venus and Marte (PSVM) fields in the northeast sector of Block 31, in a water depth of 6,562 ft. and about 250 miles northwest of Luanda. The field will have 48 production, gas and water-injection plus infill wells, 15 manifolds and associated subsea equipment, 170 kilometers of flowlines and 95 kilometers of control umbilicals. Construction work is expected for 2008, with oil production in 2011 and full-scale production of about 150,000 bbl. per day by 2012. BP and its partners have made 15 discoveries in Block 31 to date. Also in Angola, Marathon Oil plans to sell a 20% stake in deepwater offshore Angola Block 32. Reuters reported that adjacent blocks 31 and 32 together hold almost 3 billion bbl. of oil equivalent that have already been discovered.
Angola's state-owned Sonangol, BP, and its partners will develop a series of deepwater oil discoveries in Block 31 offshore Angola. The first project will be the Plutao, Saturno, Venus and Marte (PSVM) fields in the northeast sector of Block 31, in a water depth of 6,562 ft. and about 250 miles northwest of Luanda. The field will have 48 production, gas and water-injection plus infill wells, 15 manifolds and associated subsea equipment, 170 kilometers of flowlines and 95 kilometers of control umbilicals. Construction work is expected for 2008, with oil production in 2011 and full-scale production of about 150,000 bbl. per day by 2012. BP and its partners have made 15 discoveries in Block 31 to date. Also in Angola, Marathon Oil plans to sell a 20% stake in deepwater offshore Angola Block 32. Reuters reported that adjacent blocks 31 and 32 together hold almost 3 billion bbl. of oil equivalent that have already been discovered.