Bolobo is a producing heavy oil field located onshore Chad and is operated by Societe des Hydrocarbures du Tchad. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block DOF and Bolobo Development Area. Buy the profile here.
Field participation details
The field is owned by Petroliam Nasional and Societe des Hydrocarbures du Tchad.
Production from Bolobo
The Bolobo heavy oil field recovered 94.06% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 34.17 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 7.99 Mmboe, comprised of 7.99 Mmbbl of crude oil & condensate. Bolobo heavy oil field reserves accounts 0.02% of total remaining reserves of producing heavy oil fields globally.
About Societe des Hydrocarbures du Tchad
Societe des Hydrocarbures du Tchad (SCH) is an oil and gas company that offers oilfield services. The company’s services include prospecting, research, development, production and transportation of liquid and gaseous hydrocarbons and others. It also provides refining, storage and distribution of finished and petroleum products, transport, valorization and management of Chad's oil wealth upstream and downstream, among others. SCH offers investment funds creation, oil and gas production plants operations, development and management services, pumping of hydrocarbons, and construction and engineering studies, among others. The company provides its services to oil and gas industries. SCH is headquartered in N'Djamena, Chad.
For more details on the Bolobo Heavy Oil Field, buy the profile here.