View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 23, 2021updated 28 Apr 2022 5:46am

PAJ Complex Conventional Oil Field, Angola

By Carmen

PAJ Complex is a conventional oil development located in ultra-deepwater in Angola and is operated by BP Angola. Discovered in 2005, PAJ Complex lies in block Juno Development Area, Palas Development Area, and Astraea Development Area, with water depth of around 5,255 feet.

The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2023. The PAJ Complex conventional oil development will includes FPSO.

Field participation details

The field is owned by Sonangol EP, BP, Equinor, New Bright International Development and China Petrochemical.


Production from PAJ Complex

Production from the PAJ Complex conventional oil development project is expected to begin in 2025 and is forecast to peak in 2026, 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 2043.


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

The key contractors involved in the PAJ Complex project as follows.

Other Contractors: Subsea 7

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology