Angola's Dalia field inaugurated

Angola Petroleum Minister Desiderio Costa inaugurated the deepwater Dalia field at a ceremony attended by Manuel Vicente, chairman of State-owned Sociedade Nacional de Combustíveis de Angola, and Christophe de Margerie, CEO of Total.

Offshore staff

LUANDA, Angola -- Angola Petroleum Minister Desiderio Costa inaugurated the deepwater Dalia field at a ceremony attended by Manuel Vicente, chairman of State-owned Sociedade Nacional de Combustíveis de Angola, and Christophe de Margerie, CEO of Total.

"Dalia is a new global technological benchmark, a milestone in the history of deepwater oil development," de Margerie said. "We are extremely proud of this success story, which once again demonstrates Total's commitment to supporting the long-term growth of Angolan output and the quality of its teams."

With proved and probable reserves estimated at close to 1 Bbbl of oil, Dalia represents a total investment of more than $4 billion. The field comprises 71 wells: 31 for water injection, three for gas injection, and 37 producers tied into nine manifolds. Oil is pumped to an FPSO that can process 240,000 b/d of oil and has a storage capacity of 2 MMbbl.

Dalia lies 135 km (84 mi) offshore in block 17, which is home to 15 discoveries. Water depth in the field ranges from 1,200 m to 1,500 m (3,937-4,921 ft). The field came onstream in December 2006. Production exceeds 200,000 b/d and is expected to reach 240,000 b/d in the near future.

Sonangol is the block 17 concessionaire. Total E&P Angola operates the block with 40% interest. Partners include Esso Exploration Angola (Block 17) Ltd. with 20% interest, BP Exploration (Angola) Ltd. with 16.67% interest, Statoil Angola Block 17 AS with 13.33% interest, and Norsk Hydro Dezassete A.S. with the remaining 10%.

3/30/2007

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