Asset Report

Block 3/05

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Block 3/05 and Block 3/05A are in shallow water in the Lower Congo basin, 50 kilometres offshore. Block 3/05 consists of eight mature producing fields: Bufalo, Cobo, Impala, Impala SE, Oombo, Pacassa, Palanca and Pambi. Block 3/05A includes three fields that are expected to be developed: Gazela, Caco and Punja.The acreage today is an amalgamation of several historical licences. It was originally developed by Elf (now TotalEnergies) but is now operated by the national oil company Sonangol. ...

Table of contents

  • Summary
  • Key Issues
    • Palanca
    • Cobo, Pambi & Oombo
    • Block 3/05
    • Key development metrics
    • Infill drilling
    • Palanca
    • Subsea
    • Offshore loading facilities
    • Bufalo
    • Impala SE
    • 4 more item(s)...
    • Key development metrics
    • Gazela
    • Caco
    • Punja
    • Block 3/05
    • Block 3/05A
    • Block 3/05A
    • Original terms
    • 1994 Improved Terms
    • 2005 handover to Sonangol
    • 2021 amendments
    • 2023 extension and consolidation
  • Block 3/05A
  • Cash flow
  • Global Economic Model (GEM)
  • Cash Flow
  • 3 more item(s)...

Tables and charts

This report includes the following images and tables:

    Index MapBlock 3/05 and 3/05A MapBlock 3/05 and Block 3/05A participation
    Operating Costs 2024 to 2033 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining PV Price Sensitivities
  • 27 more item(s)...

What's included

This report contains:

  • Document

    Block 3/05

    PDF 3.93 MB