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November 24, 2021updated 27 Apr 2022 12:40pm

Masila Conventional Oil Field, Yemen

By Carmen

Masila is a producing conventional oil field located onshore Yemen and is operated by Masila Petroleum Exploration and Production. The field is located in block Masila (Block 14).

Field participation details

The field is owned by Masila Petroleum Exploration and Production.


Production from Masila

The Masila conventional oil field recovered 92.90% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 230.79 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 33% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 90.59 Mmboe, comprised of 90.59 Mmbbl of crude oil & condensate. Masila conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


About Masila Petroleum Exploration and Production

Masila Petroleum Exploration and Production Company (PetroMasila) is a Yemeni company which work in the exploration and production of oil and gas and related energy projects. The company is located in Yemen.

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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