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December 8, 2021updated 27 Apr 2022 12:32pm

Agogo Conventional Oil Field, Angola

By Carmen

Agogo is a producing conventional oil field located in ultra-deepwater in Angola and is operated by Eni Angola. The field is located in block Block 15/06 West Hub Development Area, with water depth of 5,576 feet.

An expansion project is associated with the Agogo, namely Agogo Phase 2. This project is currently in the construction stage, expected to start in 2022.

Field participation details

The field is owned by Eni, Sonangol EP, New Bright International Development and China Petrochemical.


Production from Agogo

The Agogo conventional oil field recovered 8.16% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 42.89 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 158.93 Mmboe, comprised of 158.93 Mmbbl of crude oil & condensate. Agogo conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Agogo conventional oil field

Some of the key contractors involved in the Agogo project as follows.

Main EPC: Eni

Other Contractors: VIAR

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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