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  1. Market Data
May 4, 2022

Fina Sonangol Texaco (FST) Conventional Oil Field, Angola

By Carmen

Fina Sonangol Texaco (FST) is a producing conventional oil field located onshore Angola and is operated by Sociedade Petrolifera Angolana. The field is located in block Fina Sonangol Texaco (FST).

Field participation details

The field is owned by Sociedade Petrolifera Angolana and Sonangol EP.


Production from Fina Sonangol Texaco (FST)

The Fina Sonangol Texaco (FST) conventional oil field recovered 80.93% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 16 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.


Remaining recoverable reserves

The field is expected to recover 21.54 Mmboe, comprised of 21.54 Mmbbl of crude oil & condensate.


About Sociedade Petrolifera Angolana

Sociedade Petrolifera Angolana SA (Somoil) is an energy company. The company’s activities include exploration, production, crude oil marketing, distribution of derivatives, technical consultancy, and renewable energy. Its renewable energy projects include Camocci Literacy Center, Kungo School, Luquembo School, Somoil Sede, and others. Somoil conducts 2D and 3D seismic acquisition campaign to improve the structural image of oil fields in production and adjacent areas. The company also provides technical assistance to the Interstate Body for the coordination of oil activity in the Unitization Zone 14K/A-IMI from the Lianzi project in Block-14. Somoil is headquartered in Luanda, Angola.

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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