Domestic oil production stood at 1.01 million barrels per day in February, marking a monthly decline of 4.59%, according to data from the National Agency for Oil, Gas, and Biofuels (ANPG).
The decline was widespread across most of the blocks in operation, with 12 of the 16 producing blocks recording declines, notably the poor performance of some of the country’s key assets. Block 15 saw the largest drop (-16.35% to 167,870 barrels/day), followed by Block 31 (-20.31% to 44,590 barrels/day) and Block 0 (-21.27% to 103,240 barrels/day).
Block 17, one of the most significant in terms of volume, also fell by 3.77% to 303,520 barrels per day, while Block 32 recorded a more moderate decrease of 0.71% to 113,370 barrels per day.
The production level reached in February represents the lowest figure since July 2025, when production stood at around 0.999 million barrels per day, highlighting the persistence of structural challenges in the sector.
Among the main factors explaining this trend are scheduled maintenance shutdowns, the maturity of oil fields, and operational constraints, which continue to affect national production capacity.
The downward trend in production underscores the need to accelerate new investments, optimize recovery from mature fields, and develop marginal projects in order to sustain production levels and ensure the stability of oil revenues, which are vital to the Angolan economy.
Source: Jornal Mercado
