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November 24, 2021

Alba Conventional Gas Field, Equatorial Guinea

By Carmen

Alba is a producing conventional gas field located in shallow water in Equatorial Guinea and is operated by Alba Equatorial Guinea Partnership. The field is located in block Alba Development Area, with water depth of 335 feet.

Field participation details

The field is owned by GEPetrol, Chevron and Marathon Oil.


Production from Alba

The Alba conventional gas field recovered 60.38% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 53.66 thousand bpd of crude oil and condensate, 115 Mmcfd of natural gas, 30.77 thousand bpd of natural gas liquids and 647 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 51% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 700.41 Mmboe, comprised of 121.43 Mmbbl of crude oil & condensate, 341.84 bcf of natural gas reserves, 2,518.54 bcf of liquid natural gas reserves and 102.24 Mmbbl of natural gas liquid reserves. Alba conventional gas field reserves accounts 0.23% of total remaining reserves of producing conventional gas 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.

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