OML 58 is a producing conventional oil field located onshore Nigeria and is operated by Total E&P Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 58. Buy the profile here.

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Field participation details

The field is owned by NNPC and TotalEnergies.

Production from OML 58

The OML 58 conventional oil field recovered 83.33% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040. The field currently accounts for approximately 2% of the country’s daily output.

About Total E&P Nigeria

Total E&P Nigeria Limited (TEPNG), formerly Elf Petroleum Nigeria Limited is engaged in exploration and production of oil and gas.

For more details on the OML 58 Conventional Oil Field, buy the profile here.

This content was updated on 14 May 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.