HD is a conventional oil development located in shallow water in Nigeria and is operated by Shell Petroleum Development Company of Nigeria. HD lies in block OML 77, with water depth of around 131 feet.
The project is currently in feasibility stage and is expected to start commercial production in 2026.
Field participation details
The field is owned by Nigerian National Petroleum, Shell, TotalEnergies and Eni.
Production from HD
Production from the HD conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, to approximately 42,374 bpd of crude oil and condensate and 45 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2057.
Remaining recoverable reserves
The field is expected to recover 159.7 Mmboe, comprised of 135.46 Mmbbl of crude oil & condensate and 145.47 bcf of natural gas reserves.
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.