Asset Report
Banga Kayo
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Kayo field is an onshore field located in the Lower Congo basin. The field covers the eastern half of the Banga Kayo block and is operated by Wing Wah, a wholly owned subsidiary of the Chinese oil and shipping company Southernpec Corporation. Wing Wah was awarded the onshore Kayo Nord and Kayo Sud exploration blocks in 2008. The first exploration well was spudded in 2013 on the Kayo Sud block and discovered the Kayo oil field. Seven appraisal wells were drilled on the block before 2016, with an estimated 3 billion barrels of oil and 1.23 trillion cubic feet of associated gas discovered. The Banga Kayo development licence was awarded in 2016. The operator sanctioned development in 2017, with commercial production starting immediately.
Table of contents
- Summary
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Key Issues
- Drilling
- Facilities
- Future development
- Exploration costs
- Capital costs
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Operating costs
- State equity
- Super-profit oil
- Royalty
- Additional royalty
- Cost recovery
- Depreciation
- Decommissioning provision
- Profit share
- 1 more item(s)...
- Cash flow
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index mapBanga Kayo mapParticipation
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Field reservoir and hydrocarbon characteristicsReserves (2P) at 01/01/2026Production (2016-2025)Kayo production profileCapital Costs Pre-2017 to 2025 (US$ million)Operating Costs 2026 to 2035 (US$ million)Cash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
