Libondo is a producing conventional oil field located in shallow water in Congo Republic and is operated by Perenco Exploration & Production Congo. The field is located in block Likalala Libondo, with water depth of 374 feet.
Field participation details
The field is owned by Societe Nationale des Petroles du Congo, Perenco Holdings and Africa Oil & Gas.
Production from Libondo
The Libondo conventional oil field recovered 46.09% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 13.86 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 56.91 Mmboe, comprised of 56.91 Mmbbl of crude oil & condensate. Libondo conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil 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.
