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December 3, 2021

Anyala-Madu Conventional Oil Field, Nigeria

By Carmen

Anyala-Madu is a producing conventional oil field located in shallow water in Nigeria and is operated by FIRST Exploration & Petroleum Development. The field is located in block OML 85 and OML 83, with water depth of 180 feet.

An expansion project is associated with the Anyala-Madu, namely Madu. This project is currently in the commissioning stage.

Field participation details

The field is owned by FIRST Exploration & Petroleum Development and Nigerian National Petroleum.


Production from Anyala-Madu

The Anyala-Madu conventional oil field recovered 1.42% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 49.96 thousand bpd of crude oil and condensate and 118 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2093. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 420.09 Mmboe, comprised of 338.88 Mmbbl of crude oil & condensate and 487.26 bcf of natural gas reserves. Anyala-Madu conventional oil field reserves accounts 0.09% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Anyala-Madu conventional oil field

Some of the key contractors involved in the Anyala-Madu project as follows.

Design/FEED Engineering: Ariosh

EPC Contractors: Aquaterra Energy, Keppel and Maerlin

Other Contractors: Acteon Group, Amarinth, Blue Offshore, Incus Investor and Petroflow Integrated Consultants

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About FIRST Exploration & Petroleum Development

FIRST Exploration & Petroleum Development Co Ltd (FIRST E&P) operates as an oil and gas company that develops and operates upstream oil and gas assets. The company’s activities include value creation phase of commercial deal delivery, maturation of exploration and appraisal opportunities, field development, project execution and production, value monetisation phase of integrated operations and maintenance, hydrocarbon fiscalisation, and others. It works for the shallow offshore region of the Niger Delta Basin. The company delivers gas through Nigerian Gas Company to various power distribution companies and independent power plants. FIRST E&P is headquartered in Lagos, Nigeria.

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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