Nini is a producing conventional oil field located in shallow water in Denmark and is operated by INEOS E&P. The field is located in block 5605/10P – Above 1950 meters (4/95) and 5605/14P – Above 1950 meters (4/95), with water depth of 194 feet.
Field participation details
The field is owned by Ineos, BASF and LetterOne Holdings.
Production from Nini
The Nini conventional oil field recovered 90.94% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 25.44 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 4.49 Mmboe, comprised of 4.49 Mmbbl of crude oil & condensate.
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.