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  1. Market Data
April 29, 2022

Ogini & Isoko Heavy Oil Field, Nigeria

By Carmen

Ogini & Isoko is a producing heavy oil field located onshore Nigeria and is operated by Nigerian Petroleum Development. The field is located in block OML 26.

Field participation details

The field is owned by Nigerian National Petroleum and First Hydrocarbon Nigeria.


Production from Ogini & Isoko

The Ogini & Isoko heavy oil field recovered 77.39% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 9.95 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047.


Remaining recoverable reserves

The field is expected to recover 22.3 Mmboe, comprised of 22.3 Mmbbl of crude oil & condensate. Ogini & Isoko heavy oil field reserves accounts 0.05% of total remaining reserves of producing heavy oil fields globally.


About Nigerian Petroleum Development

Nigerian Petroleum Development Co Ltd, is an oil and gas company that involved in exploration and development of oil and gas properties. The company is headquartered in Benin City, Edo, Nigeria.

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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