HI is a conventional gas development located in shallow water in Nigeria and is operated by Shell Nigeria Exploration & Production. HI lies in block OML 144 (OPL 238), with water depth of around 377 feet.
The project is currently in feed stage and is expected to start commercial production in 2025.
Field participation details
The field is owned by Shell and Sunlink Petroleum.
Production from HI
Production from the HI conventional gas development project is expected to begin in 2025 and is forecast to peak in 2027, to approximately 6,942 bpd of crude oil and condensate and 408 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2043.
Remaining recoverable reserves
The field is expected to recover 277.55 Mmboe, comprised of 18.9 Mmbbl of crude oil & condensate and 1,551.92 bcf of natural gas reserves.
About Shell Nigeria Exploration & Production
Shell Nigeria Exploration & Production Company (SNEPCo) a subsidiary of Royal Dutch Shell plc is an oil and gas company that offers production of crude oil and natural gas properties. The company operates pioneered Nigeria’s deep-water oil and gas production facilities at the Bonga field. It offers exploration and production of oil and gas through onshore and offshore projects. The company also operates Nigeria’s oil and gas joint venture on behalf of government-owned corporations. It has offices in Port Harcourt, Warri, Lagos and Abuja. SNEPCo is headquartered in Lagos, Nigeria.
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.