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December 3, 2021

East Hub Conventional Oil Field, Angola

By Carmen

East Hub is a producing conventional oil field located in deepwater in Angola and is operated by Eni Angola. The field is located in block Block 15 and Block 15/06 East Hub Development Area, with water depth of 2,558 feet.

An expansion project is associated with the East Hub, namely Kalimba. This project is currently in the feasibility stage.

Field participation details

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


Production from East Hub

The East Hub conventional oil field recovered 20.98% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 60.8 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 242.03 Mmboe, comprised of 242.03 Mmbbl of crude oil & condensate. East Hub conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.


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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