(Ecofin Agency) - Angolan state oil company, Sonangol, has announced that Block 15’s output has reached 2 billion barrels ever since it began production in 2003, making it one of the most successful offshore oil concessions in West Africa.The block’s production is currently at about 320,000 barrels of oil per day.

“Achieving these significant numbers is the result of seventeen commercial discoveries, which have made Block 15 one of the most successful offshore oil concessions in West Africa,” Sonangol said in a statement.

Located about 145 km west of Zaire province, Block 15 encompasses an area of 4,144 km².

Block 15 is operated by Esso Angola, a subsidiary of ExxonMobil with 40% alongside ENI Angola with 20%, BP Exploration with 26.67% and Statoil Angola with 13.33%, Macauhub reports.

Block 15 was allocated to ExxonMobil in 1994, with first production commencing in 2003 from Xicomba Field.The block’s production currently comes from four FPSOs; Kizomba A, Kizomba B, Mondo and Saxi Batuque as well as, three satellites, Marimba, Clochas and Mavacola, are producing through tie-back to the Kizomba A FPSO and Kizomba B FPSO.

Anita Fatunji