Production from Burgman
The Burgman conventional oil field recovered 38.41% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 17.43 thousand bpd of crude oil and condensate and 8 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 31.57 Mmboe, comprised of 29.43 Mmbbl of crude oil & condensate and 12.83 bcf of natural gas reserves. Burgman conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional 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.