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December 6, 2021updated 27 Apr 2022 12:55pm

Banga Kayo Unconventional Oil Field, Congo Republic

By Carmen

Banga Kayo is a producing unconventional oil field located onshore Congo Republic and is operated by China Congo Wing Wah Petrochemical Joint Stock. The field is located in block Banga Kayo.

Field participation details

The field is owned by Societe Nationale des Petroles du Congo and Southern Petrochemical Group.


Production from Banga Kayo

The Banga Kayo unconventional oil field recovered 7.02% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 50 thousand bpd of crude oil and condensate and 26 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 6% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 195.6 Mmboe, comprised of 173.78 Mmbbl of crude oil & condensate and 130.91 bcf of natural gas reserves. Banga Kayo unconventional oil field reserves accounts 0.24% of total remaining reserves of producing unconventional 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.

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