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November 26, 2021

Ogbele Conventional Oil Field, Nigeria

By Carmen

Ogbele is a producing conventional oil field located onshore Nigeria and is operated by Niger Delta Petroleum Resources. The field is located in block Ogbelle (OML 54).

Field participation details

The field is owned by Others and Petrolin Group.


Production from Ogbele

The Ogbele conventional oil field recovered 35.78% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 7.24 thousand bpd of crude oil and condensate and 17 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063.


Remaining recoverable reserves

The field is expected to recover 38.39 Mmboe, comprised of 27.5 Mmbbl of crude oil & condensate and 65.37 bcf of natural gas reserves. Ogbele 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.

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