Italy’s Eni started production at its West Hub development project in offshore Angola Monday.
The field is currently producing 45,000 barrels of oil per day through the N’Goma floating production storage and offloading vessel.
Production is expected to rise to the 100,000 bpd in the coming months.
West Hub is located in block 15/06 in offshore Angola and includes the Sangos, Cinguvu and Mpungi fields.
The fields are in water depths ranging from 3,281 to 4,921 feet.
Eni drilled 24 exploration and appraisal wells at the block, discovering over three billion barrels of oil with about 850 million barrels in recoverable reserves.
“Starting from an extraordinary exploration success we have achieved an industry-leading time to market of only 4 years from the declaration of commercial discovery,” Eni CEO Claudio Descalzi said.
Eni operates the block with a 35 percent stake.
Angola’s Sonangol P&P holds a 30 percent stake, Angola-based SSI Fifteen Limited holds a 25 percent stake.
Angola-based Falcon Oil and Norway’s Statoil each hold 5 percent stakes.
The East Hub development will start up in 2017 and is expected to raise production at 15/06 to 200,000 bpd.