CLOV Deepwater Development on Stream in Angola
Lars Christian Bacher, Statoil’s executive vice president for Development and Production International.
<p>The large CLOV field in Block 17 offshore Angola came on stream on June 12 in line with the initial project schedule.<br /> <br /> Statoil (STO) has a 23.33% interest in Block 17, which is operated by Total (40%). The other CLOV partners are Esso Exploration Angola (Block 17) Limited (20%) and BP (16.67%). Sonangol is the block’s concessionaire.<br /> <br /> “CLOV is important for our development in Angola and a key milestone, adding about 37,000 barrels of equity oil per day (b/d) at plateau for Statoil,” says Lars Christian Bacher, Statoil’s executive vice president for Development and Production International.<br /> <br /> Located 150 kilometers off Luanda in water depths ranging from 1,100 to 1,400 meters the field has some 500 million barrels of estimated proved and probable oil reserves.<br /> <br /> The field will gradually ramp up to its peak production capacity of 160,000 b/d over the next few months. The project includes 34 wells and 8 manifolds connected by 180 km of subsea pipelines to a Floating Production Storage and Offloading (FPSO) unit.<br /> <br /> Statoil is a partner in producing fields in Blocks 4/05, 15, 17 and 31 in Angola and the operator of Blocks 38 and 39, which are presently in the exploration phase.<br /> <br /> Statoil’s equity production from Angola in 2013 was about 200,000 b/d, representing about 10% of Statoil’s total production.<br /> <br /> One of the world’s most prodigious oil acreages deepwater Block 17 off northern Angola is, is composed of 4 major hubs: Girassol, Dalia, Pazflor and CLOV.</p>
