Gulf Oil and Gas accountACCOUNT

ExxonMobil Begins First Deepwater Production Offshore Angola

Source: www.GulfOilandGas.com 12/4/2003, Location: Africa

Share |
Exxon Mobil Corporation announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso), has started production of the Xikomba deepwater development offshore Angola Block 15. Xikomba is the company's first production on Block 15 and represents the first of several anticipated operated production facilities offshore Angola.

Located in the northwest corner of Angola Block 15, about 230 miles (370 kilometers) northwest of Luanda in water depths of up to 4,850 feet (1,480 meters), Xikomba employs an Early Production System consisting of nine subsea wells tied back to a Floating Production, Storage and Offloading (FPSO) vessel. Xikomba is the third deployment of ExxonMobil's Early Production System (EPS) Technology offshore West Africa and the first EPS offshore Angola.

Commenting on the announcement, Rex W. Tillerson, senior vice president, Exxon Mobil Corporation, said, "The Xikomba Early Production System gives us a major advantage in accelerating production in Angola. We are clearly an industry leader in the use of this technology, and it is allowing us to produce oil in the smaller Xikomba field on Block 15 while permanent facilities for the much larger Kizomba A project are being completed."

The Xikomba project included the awarding of contracts and subcontracts to Angolan companies to provide in-country fabrication, logistics support, training, and development and employment of Angolan nationals. These contracts support sustained growth in Angolan capacity and expertise to support future oil and gas developments.

The Xikomba field was discovered in 1999 and has estimated recoverable resources of approximately 100 million barrels of oil with a target production of 80,000 barrels per day.

In addition to Xikomba, ExxonMobil has previously announced two world-class deepwater developments on Block 15 that incorporate the Corporation's "design one-build two" approach, which provides significant time and cost savings. Kizomba A and Kizomba B, both $3.4 billion developments, together have estimated recoverable resources of approximately two billion barrels of oil and a combined target production of 500,000 barrels of oil per day. First oil from Kizomba A is scheduled for 2004; Kizomba B first oil is expected in early 2006.

ExxonMobil has a leading position in nearly all the major exploration and production areas in the world. The company is also a leading holder of deepwater acreage in the world's most attractive deepwater regions, including West Africa where it has interests in 15 blocks totaling almost 12 million gross acres. In Angola, ExxonMobil holds interests in six offshore deepwater blocks covering in excess of 7 million gross acres.

The Company and its co-venturers have announced 35 discoveries in Angola on Blocks 15, 17, 31, and 32, all of which represent significant additions to the Company's resource base in Angola, which is now estimated at more than 10.5 billion oil-equivalent barrels (gross).

In addition to Esso (Operator, 40 percent), other participants in Block 15 are BP Exploration (Angola) Limited (26.67 percent), Agip Angola Exploration B.V. (20 percent), and Statoil Angola (13.33 percent). Sonangol is the concessionaire.


Offshore Drilling News in Angola >>

Congo >>  9/27/2016 - Total E&P Congo has through Petro Services awarded the CSV Far Sleipner (2015, VARD 3 07, 9,200 DWT) a contract of 18 months to support their subsea d...
Egypt >>  9/24/2016 - Eng.Tarek El Molla, Minister of Petroleum and Mineral Resources signed 3 petroleum agreements for EGPC with the Italian IEOC and the English BP for na...

Ghana >>  9/23/2016 - Fendercare Marine, part of James Fisher and Sons Plc, was awarded a major floating hose support contract for the Tweneboa, Enyenra, and Ntomme (TEN) d...
Egypt >>  9/12/2016 - Eni reached a production of 700 million cubic feet of gas per day, corresponding to 128,000 barrels of oil equivalent per day (boed) of which 67,000 n...

Congo >>  9/8/2016 - Africa’s oil supply is projected to average 2.11 mb/d in 2016, a decline of 30 tb/d y-o-y and revised down by 10 tb/d from the previous MOMR. In 2016,...
Egypt >>  9/7/2016 - Last week, the Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Angola Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

Oil & Gas Projects in Angola >>

More News

 

Oil & Gas Companies in Angola >>


Related Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.