Monthly Summary on Oil Production – January 2024

Source: www.gulfoilandgas.com 2/20/2024, Location: Africa

Angola's oil production for the month of January was 35,292,488 barrels, corresponding to an average of 1,138,467 barrels of oil per day (BOPD) against the predicted 1,149,714 BOPD. Associated gas production during the same period was 79,690 million cubic feet, corresponding to a daily average of 2,571 million cubic feet (MMSCFD), with 1,422 MMSCFD injected, 543 MMSCFD made available to the ALNG factory, 319 MMSCFD for energy generation in oil installations and remainder used in operations and oil flow.

During the month of January, the ALNG Factory had a production of 3,001,311 barrels of oil equivalent (BOE), corresponding to an average of 96,816 barrels of oil equivalent per day (BOEPD), with LNG production being 74 910 BOEPD, Propane 10,503 BOEPD, Butane 7,001 BOEPD and Condensates 4,402 BOEPD.

In the same period, the associated gas production of the Cabinda Association was 991 MMSCFD, allowing the extraction of 205,985 barrels of LPG, corresponding to a daily average of 6,645 barrels, divided between the production of Propane of 3,320 barrels and Butane of 2,985 barrels.

However, oil and LPG production was 35,988,596 BOE corresponding to a daily average of 1,160,922 barrels of oil equivalent; the operational efficiency of the facilities was 90.36% against 91.55% initially predicted.

For the period under analysis, withdrawals from Angola were 31,550,818 barrels, corresponding to an average of 1,017,768 barrels of oil per day (BOPD) against the predicted 1,006,658 BOPD. ANPG lifted around 9,710,879 barrels (31% of total withdrawals), SNL P&P 5,512,841 barrels (17% of total withdrawals) and SNL EP 1,372,613 barrels (4% of total withdrawals).

Additionally, in the month of January 2024, twelve (12) drilling units were in operation, seven (7) drill ships (Sonandril West Gemini, Sonangol Libongos, Valaris DS-09, Sonangol Quenguela, Transocean Skyros, and Sapem 12000), one (1) Tenaciou Jack Up Shelf Drilling Probe, one (1) SKD Jaya Tender, one (1) Tension Leg Platform TLP-A, two (2) FALCON HP-1000, SA_02 land rig and one (1) intervention vessel light (Ocean Intervention). Work was carried out in twenty-three (23) wells, seven (07) intervention operations, twelve (13) drilling/completion operations, three (3) research operations, totaling 5,874 meters of drilling. Four (4) interventions were completed in producing wells.


East Timor >>  4/24/2025 - - Fundraising announced for Chuditch-2 drilling campaign
- Binding farm-in agreement entered into with TIMOR GAP
- Convertible loan notes pr...

Canada >>  4/21/2025 - Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) ("Prospera", “PEI” or the "Corporation")

Prospera Energy remains committed to providing stake...


United States >>  4/18/2025 - Ring Energy, Inc. provided an operational update, including first quarter 2025 oil sales volumes above the high end of the Company’s guidance range a...
Canada >>  4/17/2025 - Hemisphere Energy Corporation ("Hemisphere" or the "Company") is pleased to provide its financial and operating results for the fourth quarter and yea...

Gabon >>  4/17/2025 - Q1 2025 activity
• M&P working interest production in Q1 2025: 38,534 boepd, up 6% on Q4 2024 and higher for each of the Group’s assets
o...

United States >>  4/17/2025 - Ring Energy, Inc. (“Ring” or the “Company”) provided an operational update, including first quarter 2025 oil sales volumes above the high end of the C...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.