Bomboco is expected to reach an average daily production of 30,000 barrels of oil within the next year, and is an integral component of CABGOC’s Sanha condensate project.
The Sanha processing facilities first received condensate (a valuable, light oil) from surrounding fields in December, 2004, and first gas injection began in January. Condensate production from the Sanha field is scheduled to start early in the first quarter, and first liquefied petroleum gas (a mixture of butane and propane) production from the Sanha floating production, storage and off-loading (FPSO) vessel is forecast for early in the second quarter.
Combined, Sanha and Bomboco will have a peak production of an estimated 100,000 barrels per day of oil and LPG, anticipated in 2007. Of particular importance, Sanha operations will significantly reduce gas flaring.
CABGOC, with 39.2%, is operator of the concession on behalf of its partners Sociedade Nacional de Combustíveis de Angola (Sonangol), 41%, Total, 10%, and ENI Angola Exploration, 9.8%.
