View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 25, 2021updated 27 Apr 2022 12:33pm

Agbami Conventional Oil Field, Nigeria

By Carmen

Agbami is a producing conventional oil field located in deepwater in Nigeria and is operated by Star Deep Water Petroleum. The field is located in block OML 127 (OPL 216) and OML 128 (OPL 217), with water depth of 4,528 feet.

Field participation details

The field is owned by Chevron, Equinor, Africa Oil and Banco BTG Pactual.


Production from Agbami

The Agbami conventional oil field recovered 73.14% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 241.93 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 4% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 373.36 Mmboe, comprised of 373.36 Mmbbl of crude oil & condensate. Agbami conventional oil field reserves accounts 0.08% of total remaining reserves of producing conventional oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology