Ceiba is a producing conventional oil field located in deepwater in Equatorial Guinea and is operated by Trident Energy EG Operations. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block G, Block F, and Ceiba Development Area, with water depth of 2,622 feet. Buy the profile here.
An expansion project is associated with the Ceiba, namely the Ceiba Development. This project is currently in the construction stage, expected to start in 2024.
Field participation details
The field is owned by GEPetrol, Kosmos Energy, Panoro Energy and Trident Energy Management.
Production from Ceiba
The Ceiba conventional oil field recovered 93.28% of its total recoverable reserves, with peak production in 2002. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 2% of the country’s daily output.
For more details on the Ceiba Conventional Oil Field, buy the profile here.