Total says output at Angola's Block 17 climbs to 700K bbl/day


Total (TOT +1.1%) says a new deepwater floating processing plant boosted production at its Block 17 offshore Angola to 700K bbl/day of oil, making the block TOT's most prolific production site.

The Clov field complex, with proven and probable reserves of 500M barrels and production capacity of 160K bbl/day, is the fourth major field development scheme to be brought online in the block; the other three fields in the block - Girassol, Dalia and Pazflor - also are being tapped using FPSOs.

The output boost from the latest project would bring TOT a step closer to its production goal of 3M bbl/day by 2017, the company's E&P chief says.

TOT operates the block with a 40% interest, with partners Statoil (STO), Exxon Mobil (XOM) and BP holding stakes between 23.3% and 16.7%.

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Comments (2)
  • gcmagone
    , contributor
    Comments (1079) | Send Message
     
    Is this production coming from a sub-salt formation?
    12 Jun 2014, 10:58 AM Reply Like
  • saratogahawk
    , contributor
    Comments (2534) | Send Message
     
    Here is Rigzone's description of Block 17 and its component fields.

     

    http://bit.ly/1iqQqx0
    12 Jun 2014, 11:07 AM Reply Like
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