Palanca Oil Field (Angola)

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This article is part of the Global Oil and Gas Extraction Tracker, a Global Energy Monitor project.
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Palanca Oil Field is an operating oil field in Angola.

Along with 7 other assets (listed on Block 3/05 Oil and Gas Project (Angola)), Palanca Oil Field is a part of the Block 3/05 Oil and Gas Project (Angola).

Project Details

Main Data

Table 1: Field-level project details for Palanca Oil Field

1Final Investment Decision
Unit name Status Operator Owner Discovery year FID1 year Production start year Production type
Palanca operating[1] Sonangol[1] Eni SpA [12%]; Sonangol EP [30%]; Etablissements Maurel & Prom SA [20%]; Somoil Internacional de Petróleo do Brasil Ltda [10%]; Afentra [24%][1][1][1][1][1] 1981[1] – 1981[1] conventional[1]

Production and Reserves

Table 2: Reserves of Palanca Oil Field

million bbl = million barrels of oil
Fuel description Reserves classification Quantity Units Data year Source
oil original oil in place 587.0 million bbl 2022 ​[1]

Table 3: Production from Palanca Oil Field

million bbl/y = million barrels of oil per year
million bbl = million barrels of oil
Category Fuel description Quantity Units Data year Source
cumulative production oil 275.0 million bbl 2022 ​[1]
production oil 19.23 million bbl/y 1988 ​[1]

Location

Table 4: Field-level location details for Palanca Oil Field

Concession/Block Location Onshore/Offshore Coordinates (WGS 84)
Block 3/05[1] offshore, Angola[1] offshore[1] -7.0038, 12.3015 (approximate)[1]

The map below shows the approximate location of the field(s) within the Block 3/05 Complex Project ():

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Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 1.16 (PDF) https://web.archive.org/web/20250516172711/https://afentraplc.com/wp-content/uploads/2023/09/05.05.23_AET_Out-of-Africa_finnCap.pdf. Archived from the original (PDF) on 16 May 2025. {{cite web}}: Missing or empty |title= (help)