Coral South is a producing conventional gas field located in ultra-deepwater in Mozambique and is operated by Mozambique Rovuma Venture. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Area 4, with water depth of 7,337 feet. Buy the profile here.
Field participation details
The field is owned by China National Petroleum, Empresa Nacional de Hidrocarbonetos EP, Eni, Exxon Mobil, Galp Energia SGPS and Korea Gas.
Production from Coral South
The Coral South conventional gas field recovered 1.81% of its total recoverable reserves, with peak production expected in 2047. The peak production will approximately 3.38 thousand bpd of crude oil and condensate and 443 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 32% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 772.89 Mmboe, comprised of 33.83 Mmbbl of crude oil & condensate and 4,434.33 bcf of liquid natural gas reserves. Coral South conventional gas field reserves accounts 0.26% of total remaining reserves of producing conventional gas fields globally.
About Mozambique Rovuma Venture
Eni East Africa SpA is an owner of the 70% interest in Area 4, in Mozambique.
For more details on the Coral South Conventional Gas 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.
