Total Finds Congo Pleasant Surprise

Total’s oil production in the Republic of Congo has exceeded expectations, a company official said.

(Bloomberg) — Oil production at Total SA’s subsidiary in the Republic of Congo has exceeded expectations, a company official said.

The company is pumping 200,000 barrels per day in the Central African nation, Martin Deffontaines, general manager of Total E&P Congo, said by phone Friday from Pointe Noire, Congo’s commercial capital.

“Its production is far more than what we had anticipated,” Deffontaines said.

Congo became an OPEC member in June. The central African nation is targeting a 65 percent increase in overall oil production this year.

To contact the reporter on this story: Elie Smith in Douala, Cameroon at esmith351@bloomberg.net

To contact the editors responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net, Paul Richardson, Michael Gunn

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