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  1. Market Data
May 6, 2022

Agbara Conventional Oil Field, Nigeria

By Carmen

Agbara is a producing conventional oil field located in shallow water in Nigeria and is operated by Agip Energy & Natural Resources (Nigeria). The field is located in block OML 116, with water depth of 656 feet.

Field participation details

The field is owned by Eni.


Production from Agbara

The Agbara conventional oil field recovered 94.01% of its total recoverable reserves, with peak production in 1990. The peak production was approximately 23.98 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033.


Remaining recoverable reserves

The field is expected to recover 8.05 Mmboe, comprised of 8.05 Mmbbl of crude oil & condensate.


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.

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