The recent onshore discovery made in the Delta de la Cuvette deposit in the Republic of Congo is a game changer for Congo and Africa. The discovery was announced on August 10th by SARPD Oil and PEPA, a Congolese consortium working as operators on the Block.
Early projections indicate that the discovered deposits could produce up to 359 million barrels of oil, or 983,000 bopd, from Congo’s central province. This could in effect quadruple Congo’s production, which currently stands at over 330,000 bopd according to OPEC’s latest figures. Production has been steadily increasing in recent years, with a target set by the government of reaching 400,000 bopd by 2020.” Read more on…. https://africaoilandpower.com/2019/08/15/oyo-discovery-is-a-game-changer-for-congo-and-the-african-content/