Luanda: Angola produced 28.156 million barrels of oil in February, which translates to an average daily output of 1,005,577 barrels. This figure falls short of the anticipated daily production target of 1,029,936 barrels, as reported by the National Agency of Petroleum, Gas and Biofuels (ANPG).
According to Angola Press News Agency, during the same period, the production of associated gas reached 72.306 million cubic feet, with an average daily output of 2.582 million cubic feet (MMSCFD). Of this production, 1,222 MMSCFD were injected to maintain reservoir pressure, 928 MMSCFD were supplied to the Angola LNG plant, and 315 MMSCFD were utilized for power generation at oil facilities.
The report also states that the Angola LNG plant produced 4.212 million barrels of oil equivalent (BOE) in February, slightly below the projected 4.373 million, marking a 3.7% reduction. This translates to an average production of 150,447 barrels per day. The distribution of this production included 128,652 BOE per day, 9,814 barrels of propane, 7,135 barrels of butane, and 4,846 barrels of condensate.
In the Cabinda Association, LPG production reached 212,188 barrels, averaging a daily output of 7,578 barrels. This was divided into 4,368 barrels of propane, 2,859 barrels of butane, and 351 barrels of liquefied petroleum gas.
During the review period, Angola's total withdrawals amounted to 27,456,283 barrels, translating to an average of 980,581 barrels of oil per day, which exceeded the projected figure of 708,816 barrels. The monthly bulletin indicates that 27.019 million barrels were exported, and 436,321 barrels were delivered to the Luanda Refinery.
In February, there were twelve drilling units in operation, including one onshore rig (Ideco 350 in the FS/FST associations), five shallow-water units, and one LWIV Hamad Eagle intervention vessel in Block.
