Agbami is a producing conventional oil field located in deepwater in Nigeria and is operated by Star Deep Water Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 127 (OPL 216) and OML 128 (OPL 217), with water depth of 4,528 feet. Buy the profile here.

Field participation details

The field is owned by Africa Oil, Banco BTG Pactual, Chevron and Equinor.

Production from Agbami

The Agbami conventional oil field recovered 88.79% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 241.93 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 4% of the country’s daily output.

Remaining recoverable reserves

The field is expected to recover 133.07 Mmboe, comprised of 133.07 Mmbbl of crude oil & condensate. Agbami conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.