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 2023.
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 91.74% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 51.70 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 18.86 Mmboe, comprised of 18.86 Mmbbl of crude oil & condensate.
For more details on the Ceiba Conventional 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.
