Akpo (RT) is a producing conventional gas field located in ultra-deepwater in Nigeria and is operated by Total Upstream Nigeria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 130 (OPL 246), with water depth of 5,716 feet. Buy the profile here.
An expansion project is associated with the Akpo (RT), namely the Akpo (RT) Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Africa Oil, Banco BTG Pactual, South Atlantic Petroleum and TotalEnergies.
Production from Akpo (RT)
The Akpo (RT) conventional gas field recovered 69.64% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 75.98 thousand bpd of crude oil and condensate and 145.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 175.20 Mmboe, comprised of 122.30 Mmbbl of crude oil & condensate and 317.35 bcf of natural gas reserves. Akpo (RT) conventional gas field reserves accounts 0.06% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Akpo (RT) conventional gas field
Some of the key contractors involved in the Akpo (RT) project as follows.
Other Contractors: Marine Platforms and Fairtex Integrated Services
For more details on the Akpo (RT) Conventional Gas Field, buy the profile here.
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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.
