Ivory Coast: Baleine Field to Begin Production in 2023

Ivory Coast: Baleine Field to Begin Production in 2023

Production from Ivory Coast’s highly anticipated Baleine oil field is expected in 2023. Owned by a consortium comprising ENI, an Italian multinational oil and gas company, and Petroci, the Ivorian national oil company, the consortium jointly operates and manages the field for exploration, development, and production of hydrocarbons in the area.

Located near Assouindé, southeast of Abidjan, this significant oil field is projected to yield over 2 billion barrels of crude oil and 2,400 to 3,300 billion cubic feet of natural gas in two phases.

The initial phase, slated to commence in 2023, will account for 15% of the field’s total production, while the subsequent phase is expected to span 30 years. Recent drilling in Baleine E1X has unveiled even greater reserves of oil and gas in the adjacent block, elevating the total estimated quantities to approximately 2.5 billion barrels of oil and 3,300 billion cubic feet of gas, surpassing earlier projections by a remarkable 25%.

According to Ivorian authorities, an Floating Storage Production and Offloading (FPSO) (https://apo-opa.info/3oPGOde) vessel named Baleine departed from Dubai on April 6 to the Ivory Coast to begin production, eighteen months after its commercial discovery. The vessel has a processing capacity of 15,000 barrels/day (bbls/d) of crude oil,