BBLT Complex is a producing conventional oil field located in deepwater in Angola and is operated by Cabinda Gulf Oil Company Ltd CABGOC. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 14 and Block 14 BBLT Development Area, with water depth of 1,650 feet. Buy the profile here.
An expansion project is associated with the BBLT Complex, namely the BBLT Infills. This project is currently in the approval stage.
Field participation details
The field is owned by BP, Chevron, Eni, Galp Energia SGPS, Sociedade Petrolifera Angolana and Sonangol EP.
Production from BBLT Complex
The BBLT Complex conventional oil field recovered 94.84% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 155.56 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 25.41 Mmboe, comprised of 25.41 Mmbbl of crude oil & condensate. BBLT Complex conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the BBLT Complex Conventional Oil Field, buy the profile here.