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Pazflor Oilfield to Start Production in October

Source: Reuters 6/14/2011, Location: Africa

Total will pump first oil from Angola's 220,000-barrel per day (bpd) Pazflor deepwater field in October and production will reach full capacity within six months, the French major's strategy chief said. The project is one of Total's biggest upstream ventures and will help boost the southwestern African country's output by nearly 15 percent from current levels, Reuters data showed. Production from Africa's number two producer was around 1.52 million bpd in May, according to a Reuters survey, and below peaks near 2 million bpd because of technical problems and decline in some fields.

"Its schedule is for October this year and it's a deep offshore field of 220,000 bpd of production so it will reach the plateau pretty soon -- in less than six months," said Jean-Jacques Mosconi, adding the infrastructure for extracting oil was already in place. Most of Angola's future output is set to come from offshore fields, analysts said. Oil from Pazflor, meaning passion flower, will be retrieved from depths of between 600 and 1,200 metres. Total is also on track to start oil output from Nigeria's deepwater 180,000 bpd Usan field in 2012, Mosconi said.

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