Makoko South Marine is a producing heavy oil field located in shallow water in Cameroon and is operated by Addax Petroleum Cameroon. The field is located in block Mokoko Abana.
Field participation details
The field is owned by China Petrochemical, National Hydrocarbons, Perenco Holdings and Creative Energy.
Production from Makoko South Marine
The Makoko South Marine heavy oil field recovered 97.33% of its total recoverable reserves, with peak production in 1989. The peak production was approximately 19.52 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2.86 Mmboe, comprised of 2.86 Mmbbl of crude oil & condensate. Makoko South Marine heavy oil field reserves accounts 0.01% of total remaining reserves of producing heavy 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.