Palanca Oil Field (Angola)

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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 Complex (Angola)), Palanca Oil Field is a part of the Block 3/05 Oil and Gas Complex (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	Sonangol E.P.	Sonangol E.P. (30.0%); Maurel & Prom (20.0%); Eni S.P.A. (12.0%); Somoil (10.0%); Afentra (24.0%)	1981	–	1981	Conventional

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	million bbl	2022	​

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	million bbl	2022
production	oil	19.24	million bbl/y	1988

Location

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

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

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

Loading map...

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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.