New rig installed in deep water off Angola

07/25/2005
Chevron Corp. has installed a new 4,600 hp platform rig on the compliant piled tower in the Benguela Belize fields off Angola and will begin production later this summer from wells predrilled in 2004. Other operators are moving forward with a variety of deepwater development projects in Angola (Table 1).According to Wood MacKenzie, Angola dominates deepwater production in West Africa, already producing about 600,000 bo/d in 2005, about 80% of West Africa’s deepwater production, followed by Nigeria (OGJ, Feb. 14, 2005, p. 18).Angola’s national oil company Soc. Nacional de Combustiveis de Angola (Sonangol EP) administers offshore leases. In a 1997 joint venture, Sonangol and Pri...
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