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 11.55% of its total recoverable reserves, with peak production expected in 2021. The peak production was approximately 44.99 thousand bpd of crude oil and condensate and 35 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2079. The field currently accounts for approximately 14% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 265.34 Mmboe, comprised of 235.13 Mmbbl of crude oil & condensate and 181.22 bcf of natural gas reserves. Banga Kayo unconventional oil field reserves accounts 0.29% of total remaining reserves of producing unconventional oil fields globally.
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.