Banga Kayo is a producing unconventional oil field located onshore Congo Republic and is operated by China Congo Wing Wah Petrochemical Joint Stock. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Banga Kayo. Buy the profile here.
Field participation details
The field is owned by Societe Nationale des Petroles du Congo and Southern Petrochemical Group.
Production from Banga Kayo
The Banga Kayo unconventional oil field recovered 9.94% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 50.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 7% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 161.03 Mmboe, comprised of 161.03 Mmbbl of crude oil & condensate. Banga Kayo unconventional oil field reserves accounts 0.14% of total remaining reserves of producing unconventional oil fields globally.
For more details on the Banga Kayo Unconventional Oil 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.
