East Hub is a producing conventional oil field located in deepwater in Angola and is operated by Azule Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 15 and Block 15/06 East Hub Development Area, with water depth of 2,558 feet. Buy the profile here.
Two expansion projects are associated with the East Hub conventional oil field, namely the Kalimba and the Afoxe. The expansion projects are currently in the feasibility stage.
Field participation details
The field is owned by BP, China Petrochemical, Eni, New Bright International Development and Sonangol EP.
Production from East Hub
The East Hub conventional oil field recovered 32.52% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 60.80 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 206.66 Mmboe, comprised of 206.66 Mmbbl of crude oil & condensate. East Hub conventional oil field reserves accounts 0.05% of total remaining reserves of producing conventional oil fields globally.
About Azule Energy
Azule Energy (Azule) is engaged in oil exploration, oil production and upstream services. Azule is headquartered in Luanda, Angola.
For more details on the East Hub Conventional Oil Field, buy the profile here.