Anyala-Madu is a producing conventional oil field located in shallow water in Nigeria and is operated by FIRST Exploration & Petroleum Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block OML 85 and OML 83, with water depth of 180 feet. Buy the profile here.
An expansion project is associated with the Anyala-Madu, namely the Madu. This project is currently in the commissioning stage.
Field participation details
The field is owned by FIRST Exploration & Petroleum Development and NNPC.
Production from Anyala-Madu
The Anyala-Madu conventional oil field recovered 6.76% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 71.95 thousand bpd of crude oil and condensate and 110.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 451.91 Mmboe, comprised of 378.54 Mmbbl of crude oil & condensate and 440.25 bcf of natural gas reserves. Anyala-Madu conventional oil field reserves accounts 0.10% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Anyala-Madu conventional oil field
Some of the key contractors involved in the Anyala-Madu project as follows.
Design/FEED Engineering: Ariosh
EPC Contractors: Keppel, Aquaterra Energy and Maerlin
Other Contractors: Cecon Contracting, Acteon Group, Blue Offshore, Amarinth and Petroflow Integrated Consultants
About FIRST Exploration & Petroleum Development
FIRST Exploration & Petroleum Development Co Ltd (FIRST E&P) operates as an oil and gas company that develops and operates upstream oil and gas assets. The company’s various activities include value creation phase of commercial deal delivery, maturation of exploration and appraisal opportunities, field development, project execution and production, value monetisation phase of integrated operations and maintenance, hydrocarbon fiscalisation, and others. It works for the shallow offshore region of the Niger Delta Basin. The company delivers gas through Nigerian Gas Company to various power distribution companies and independent power plants. FIRST E&P is headquartered in Lagos city, Lagos, Nigeria.
For more details on the Anyala-Madu Conventional Oil Field, buy the profile here.