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November 22, 2021updated 28 Apr 2022 5:48am

JK Conventional Oil Field, Nigeria

By Carmen

JK is a conventional oil development located in shallow water in Nigeria and is operated by Shell Petroleum Development Company of Nigeria. JK lies in block OML 74, with water depth of around 256 feet.

The project is currently in feasibility stage and is expected to start commercial production in 2026. The JK conventional oil development will involve the drilling of approximately 12 wells and includes subsea tree and wellhead platforms.

Field participation details

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


Production from JK

Production from the JK conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, to approximately 46,410 bpd of crude oil and condensate and 47 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.


Remaining recoverable reserves

The field is expected to recover 223.08 Mmboe, comprised of 196.98 Mmbbl of crude oil & condensate and 156.57 bcf of natural gas reserves.


Contractors involved in the JK conventional oil field

The key contractors involved in the JK project as follows.

Other Contractors: Epanoe 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.

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