Africa-Press – Angola. The National Petroleum, Gas and Biofuels Agency in Luanda presented the bidding script for oil concessions in the Kwanza and Baixo Congo onshore basins.
Twelve oil blocks were presented for the launch of the public tender on September 30 of this year, eight of which in the Onshore Kwanza Basin (blocks KON 1, KON 3, KON 7, KON 10, KON 13, KON 14, KON 15 and KON 19) and four in the Lower Congo Onshore Basin (CON 2, CON 3, CON 7 and CON 8).
At this point, 27 drillings have already been drilled in the Lower Kwanza Basin and two in the Lower Congo.
Production is estimated at between 10 and 60 thousand barrels of oil per day, with a reserve of more than 300 million barrels.
It is the intention, according to the ANPG, to reach a production level of 2.1 billion barrels/day. In a first phase, it is intended to maintain production at 1.1 million.
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