Block 2/05 is a producing conventional oil field located in shallow water in Angola and is operated by ETU Energias. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 2, with water depth of 66 feet. Buy the profile here.
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Field participation details
The field is owned by ETU Energias, Falcon Oil Holding, Kotoil and Poliedro Oil.
Production from Block 2/05
The Block 2/05 conventional oil field recovered 42.33% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 1% of the country’s daily output.
About ETU Energias
ETU Energias SA, formerly known as Sociedade Petrolifera Angolana SA 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. ETU is headquartered in Luanda, Angola.
For more details on the Block 2/05 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.
