Block 3/05 Complex is a producing conventional oil field located in shallow water in Angola and is operated by Sonangol P&P. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 3, with water depth of 328 feet. Buy the profile here.
Field participation details
The field is owned by BP, Eni, Etablissements Maurel & Prom, Gazprom, MOL Hungarian Oil and Gas, Sociedade Petrolifera Angolana and Sonangol EP.
Production from Block 3/05 Complex
The Block 3/05 Complex conventional oil field recovered 97.30% of its total recoverable reserves, with peak production in 1998. The peak production was approximately 193.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 28.44 Mmboe, comprised of 28.44 Mmbbl of crude oil & condensate. Block 3/05 Complex conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Block 3/05 Complex Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
