Angola’s Oil Production Surges in January Exceeding Expectations

Angola’s Oil Production Surges in January Exceeding Expectations

Angola’s oil production in January reached 32.6 million barrels, averaging 1.0 million barrels per day (BOPD)—a 2.8% increase compared to the previous month.

According to the National Agency for Petroleum, Gas, and Biofuels (ANPG), which released its monthly report on Wednesday, associated gas production during the same period amounted to 85.476 billion cubic feet, with a daily average of 2.757 billion cubic feet (MMSCFD).

Of this daily output:

  • 897 MMSCFD was reinjected to maintain reservoir pressure,
  • 860 MMSCFD was supplied to the ALNG plant, and
  • 285 MMSCFD was used for power generation at oil facilities.

The report highlights that barrel of oil equivalent (BOE) production stood at 4.6 million, exceeding the 4.4 million forecasted, marking a 4.81% increase, with a daily average of 151,292 barrels of oil equivalent.

In Cabinda, Liquefied Petroleum Gas (LPG) production totaled 234,598 barrels, averaging 7,568 barrels per day, consisting of:

  • 4,266 barrels of propane,
  • 2,907 barrels of butane, and
  • 394 barrels of onshore LPG.

The total oil and LPG production for the period reached 33.4 million BOE, with a daily average of 1.0 million BOE, and an operational efficiency rate of 85.37%, slightly below the 85.94% initially projected.

Angola’s oil liftings for the period amounted to 30.03 million barrels, averaging 968,833 BOPD, falling short of the 1.09 million BOPD forecasted.

Key stakeholders in the liftings included:

  • Sonangol E.P. – 1.2 million barrels (4.0%),
  • Sonangol UNEP – 3.5 million barrels (12%), and
  • The Concessionaire – 7.4 million barrels (25%).

In January, 14 drilling units were operational:

  • 2 onshore rigs (FS/FST and HH220 in Cabinda South),
  • 3 shallow-water units, including a vessel in Block 0, and
  • 8 deepwater drilling units in Blocks 15, 15/06, 17, 17/06, 18, and 32.

A total of 27 well operations were completed, including:

  • 11 well interventions,
  • 11 drilling/completion operations for development wells, and
  • 5 well abandonments,
    with 8,403 meters drilled in total.

Angola continues to strengthen its oil sector, with steady production growth and ongoing investments ensuring long-term sustainability.

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