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December 6, 2021updated 27 Apr 2022 12:50pm

Gbaran Ubie Phase 2 Conventional Gas Field, Nigeria

By Carmen

Gbaran Ubie Phase 2 is a producing conventional gas field located onshore Nigeria and is operated by Shell Petroleum Development Company of Nigeria. The field is located in block OML 28.

Field participation details

The field is owned by Nigerian National Petroleum, Shell, TotalEnergies and Eni.


Production from Gbaran Ubie Phase 2

The Gbaran Ubie Phase 2 conventional gas field recovered 27.47% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 25.98 thousand bpd of crude oil and condensate and 864 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 6% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 691.78 Mmboe, comprised of 74.66 Mmbbl of crude oil & condensate and 3,702.7 bcf of liquid natural gas reserves. Gbaran Ubie Phase 2 conventional gas field reserves accounts 0.24% 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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