ACCE is a conventional oil development located in ultra-deepwater in Angola and is operated by Total E&P Angola Block 32. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, ACCE was discovered in 2007, lies in block Alho Development Area, with water depth of around 5,273 feet. Buy the profile here.
The project is currently in feasibility stage and is expected to start commercial production in 2026.
Field participation details
The field is owned by China Petrochemical, Exxon Mobil, Galp Energia SGPS, New Bright International Development, Sonangol EP and TotalEnergies.
Production from ACCE
Production from the ACCE conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, to approximately 35,000 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.
Remaining recoverable reserves
The field is expected to recover 126.99 Mmboe, comprised of 126.99 Mmbbl of crude oil & condensate.
For more details on the ACCE Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
