PAJ Complex is a conventional oil development located in ultra-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, PAJ Complex was discovered in 2005, lies in block Juno Development Area, Palas Development Area, and Astraea Development Area, with water depth of around 5,255 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2024. The PAJ Complex conventional oil development will involve the drilling of approximately 10 wells and includes FPSO and subsea trees.
Field participation details
The field is owned by BP, China Petrochemical, Eni, Equinor, New Bright International Development and Sonangol EP.
Production from PAJ Complex
Production from the PAJ Complex conventional oil development project is expected to begin in 2026 and is forecast to peak in 2027, to approximately 69,462 bpd of crude oil and condensate and 13 Mmcfd of liquid natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2044.
Remaining recoverable reserves
The field is expected to recover 157.72 Mmboe, comprised of 153.07 Mmbbl of crude oil & condensate and 27.89 bcf of liquid natural gas reserves.
Contractors involved in the PAJ Complex conventional oil field
Some of the key contractors involved in the PAJ Complex project as follows.
Other Contractors: Subsea 7 and Yinson Holdings
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 PAJ Complex Conventional Oil Field, buy the profile here.