Ivory Coast has exceeded initial estimates for production from its Baleine oil and gas field, according to government spokesman Amadou Coulibaly.
Coulibaly noted that Phase 2 of the project, launched on December 28, 2024, is producing 50,000-60,000 barrels of oil per day, up from the initially projected 35,000. Natural gas output also surpassed expectations, reaching 50-60 million cubic feet daily, compared to an estimate of 40 million.
Operated by Italy’s ENI in partnership with Ivorian Petroci, Baleine’s cumulative production from its first two phases now stands at 75,000-85,000 barrels of oil per day and 80-85 million cubic feet of gas per day. A decision on Phase 3 is expected by the end of 2025.
Source: dabafinance.com